Money is only a tool in business.
Meaning
In My Life and Work, Ford insisted that service and good production come first and profit follows, rather than the other way around. Treating money as a tool keeps it in its place. When planning a venture, ask first what problem you solve for customers, then check what you need financially.
Source: My Life and Work (1922)
Best Business Quotes with Meaning
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About the author
(1863–1947) was an American industrialist and founder of the Ford Motor Company. He revolutionized manufacturing through the introduction of assembly line production, making automobiles affordable for the general public. Ford’s innovations transformed industry and modern transportation. He also introduced higher wages for workers, influencing labor practices. While his legacy includes controversy, his impact on industrialization is undeniable. Henry Ford’s contributions continue to shape manufacturing, business practices, and economic development worldwide.
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