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The way to become rich is to put all your eggs in one basket and then watch that basket.
β Andrew Carnegie
philanthropist, business magnate, economist, industrialist, merchant, entrepreneur, writer, factory owner
π Read on Wikipedia1835 Β β 1919
The way to become rich is to put all your eggs in one basket and then watch that basket.
And while the law of competition may be sometimes hard for the individual, it is best for the race, because it ensures the survival of the fittest in every department.
The men who have succeeded are men who have chosen one line and stuck to it.
Three generations from shirtsleeves to shirtsleeves.
Watch the costs and the profits take care of themselves.
Did you ever sum up these prizes and think how very little the millionaire has beyond the peasant, and how very often his additions tend not to happiness but to misery!
The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.
While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of the few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.
Upon the sacredness of property civilization itself dependsβthe right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity.
Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee of the poor; intrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself. (pp. 663-664)
The man who dies thus rich dies disgraced.
Such, in my opinion, is the true Gospel concerning Wealth, obedience to which is destined some day to solve the problem of the Rich and the Poor, and to bring "Peace on earth, among men Good Will."
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
It is not the rich man's son that the young struggler for advancement has to fear in the race of life, nor his nephew, nor his cousin. Let him look out for the "dark horse" in the boy who begins by sweeping out the office.
You must capture and keep the heart of the original and supremely able man before his brain can do its best.
Salary, (I said, quite offended) what do I care for salary? I do not want the salary; I want the position. It is glory enough to go back to the Pittsburgh Division in your former place. You can make my salary just what you please and you need not give me any more than what I am getting now... Oh, please don't speak to me of money!
The sound rule in busi\xadness is that you may give money freely when you have a sur\xadplus, but your name neverβnei\xadther as en\xaddorser nor as mem\xadber of a cor\xadpo\xadra\xadtion with in\xaddi\xadvid\xadual li\xada\xadbil\xadity
No, Your Majesty, I do not like kings, but I do like a man be\xadhind a king when I find him.
The men who have succeeded are men who have chosen one line and stuck to it.
The 'morality of compromise' sounds contradictory. Compromise is usually a sign of weakness, or an admission of defeat. Strong men don't compromise, it is said, and principles should never be compromised.
And while the law of competition may be sometimes hard for the individual, it is best for the race, because it ensures the survival of the fittest in every department.
As I grow older, I pay less attention to what men say. I just watch what they do.
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
No man will make a great leader who wants to do it all himself or get all the credit for doing it.
No person will make a great business who wants to do it all himself or get all the credit.
You cannot push any one up a ladder unless he be willing to climb a little himself.
The first man gets the oyster, the second man gets the shell.
As I grow older, I pay less attention to what men say. I just watch what they do.
Do not look for approval except for the consciousness of doing your best.
Do your duty and a little more and the future will take care of itself.
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
No man will make a great leader who wants to do it all himself or get all the credit for doing it.
