--- title: "Meaning & Key Takeaway of: There is one rule for the industrialist…" description: "\"There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages poss..." image: "https://sms4smile.com/quotes/i/cca/henry-ford-492_cost_there-is-one-rule-for-the-industrialist_790058.png" --- # There is one rule for the industrialist and that is: Make… ![“There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” quote by Henry Ford](https://sms4smile.com/quotes/i/cca/henry-ford-492_cost_there-is-one-rule-for-the-industrialist_790058.png) [Download](https://sms4smile.com/quotes/i/cca/henry-ford-492_cost_there-is-one-rule-for-the-industrialist_790058.png) [Open image](https://sms4smile.com/quotes/i/cca/henry-ford-492_cost_there-is-one-rule-for-the-industrialist_790058.png) > “There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Industrial success requires high quality, low cost, and high wages simultaneously. **In simple terms:** Combine quality, cost, and wages. Key Takeaway Seek innovative efficiencies that benefit workers and consumers. Themes efficiency fairness innovation Mood analytical pragmatic Type business philosophical When to use this quote - manufacturing processes - product design - salary negotiations Key Concepts economics labor relations Questions to Reflect On - Can modern technology reconcile quality, cost, and wages? - What trade‑offs are acceptable in your industry? A Different Perspective Achieving all three goals may be financially unsustainable. ★ ★ ★ ★ ★ No ratings yet [Quality](https://sms4smile.com/quotes/about/quality/) [Wages](https://sms4smile.com/quotes/about/wages/) ## Related quotes > [Parents are the hardest-working members of the population. But they do it for the highest wages. 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