Quote of the Day by Henry Ford: ‘A business that makes nothing but money is a poor kind of business’

What Happened

Henry Ford, founder of Ford Motor Company, argued that businesses focused solely on profit lack true purpose. His philosophy emphasized service before profit and creating value for society. The Model T exemplified this approach by democratizing automobile access. Modern research from Edelman and Deloitte shows employees and customers increasingly expect companies to demonstrate purpose beyond quarterly earnings through credible actions.

Key Entities

AI Tools