Career · Entrepreneur memoirs

Henry Ford:My Life and Work, Excerpt 79

Henry Ford《My Life and Work》· Chapter VIII · Leadership

"What ought the employer to pay?"--"What ought the employee to receive?" These are but minor questions. The basic question is "What can the business stand?" Certainly no business can stand outgo that exceeds its income. When you pump water out of a well at a faster rate than the water flows in, the well goes dry. And when the well runs dry, those who depend on it go thirsty. And if, perchance, they imagine they can pump one well dry and then jump to some other well, it is only a matter of time when all the wells will be dry. There is now a widespread demand for more justly divided rewards, but it must be recognized that there are limits to rewards. The business itself sets the limits. You cannot distribute $150,000 out of a business that brings in only $100,000. The business limits the wages, but does anything limit the business? The business limits itself by following bad precedents.

Source: https://www.gutenberg.org/ebooks/7213
Locator:Chapter VIII, excerpt 79 · Verified:2026-10-19 · Verification:Short excerpt

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What does this passage say about how you work today?

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