My Life and Work by Henry Ford
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page 18 of 299 (06%)
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economically to produce, and he does not know how to market. A
manufacturer who knew how neither to produce nor to market would not long stay in business. That the farmer can stay on shows how wonderfully profitable farming can be. The way to attain low-priced, high-volume production in the factory or on the farm--and low-priced, high-volume production means plenty for everyone--is quite simple. The trouble is that the general tendency is to complicate very simple affairs. Take, for an instance, an "improvement." When we talk about improvements usually we have in mind some change in a product. An "improved" product is one that has been changed. That is not my idea. I do not believe in starting to make until I have discovered the best possible thing. This, of course, does not mean that a product should never be changed, but I think that it will be found more economical in the end not even to try to produce an article until you have fully satisfied yourself that utility, design, and material are the best. If your researches do not give you that confidence, then keep right on searching until you find confidence. The place to start manufacturing is with the article. The factory, the organization, the selling, and the financial plans will shape themselves to the article. You will have a cutting, edge on your business chisel and in the end you will save time. Rushing into manufacturing without being certain of the product is the unrecognized cause of many business failures. People seem to think that the big thing is the factory or the store or the financial backing or the management. The big thing is the product, and any hurry in getting into fabrication before designs are completed is just so much waste time. I spent twelve years before I had a Model T--which is what is known to-day as the Ford car--that suited me. We did not attempt to |
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