Entrepreneurship Is Not an Art

When you're running a business, like almost every single other entrepreneur we've ever talked about on this podcast, he has a focus, a fanatical focus on keeping costs low. Henry Ford: You don't look at wages as a cost. The public which buys from you does not come from nowhere. And unless an industry can so manage itself as to keep wages high and prices low, it destroys itself. For otherwise, it limits the number of its customers.