There is one rule for the industrialist and that is: make the best quality goods possible at the lowest cost possible, paying the highest wages possible.

A manufacturer is not through with his customer when a sale is completed. He has then only started with his customer.

Businesses that grow by development and improvement do not die. But when a business ceases to be creative, when it believes it has reached perfection and needs to do nothing but produce no improvement, no development, it is done.

Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.