Competition Quote by Marshall Field
“Good will is the one and only asset that competition cannot undersell or destroy.”
About This Quote
Goodwill is the unique, irreplaceable asset that competitors cannot diminish.
In simple terms: Goodwill is a priceless, defensible advantage.
Key Takeaway
Invest in reputation and relationships.
Themes
reputation
trust
competition
Mood
confident
optimistic
Type
business
philosophical
When to use this quote
- business strategy
- marketing
- customer service
- partnerships
Key Concepts
brand equity
social capital
customer loyalty
Questions to Reflect On
- How can you strengthen goodwill with stakeholders?
- What actions risk damaging goodwill?
A Different Perspective
Goodwill can be eroded by scandals or neglect.
![“The greatest good [a man] can do is to cultivate himself in order that he may be of greater use to humanity.” quote by Marshall Field](https://sms4smile.com/quotes/img-quotes/a1c/marshall-field-32340_humanity_the-greatest-good-a-man-can-do-is-to-cul_164037.jpg)
