Andrew Carnegie
Andrew Carnegie
Andrew Carnegiewas a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He is often identified as one of the richest people in history, alongside John D. Rockefeller and Jakob Fugger. He built a leadership role as a philanthropist for the United States and the British Empire. During the last 18 years of his life, he gave away to charities, foundations, and universities about $350 million– almost 90 percent of his fortune...
NationalityScottish
ProfessionEntrepreneur
Date of Birth25 November 1835
CityDunfermline, Scotland
Andrew Carnegie quotes about
That 95 per cent. fail of those who start in business upon their own account seems incredible, and yet such are said to be the statistics upon the subject.
The sound rule in business is that you may give money freely when you have a surplus, but your name never-neither as endorser nor as member of a corporation with individual liability
I began to learn what poverty meant. It was burnt in my heart then that my father had to beg for work and there came the resolve that I would cure that when I got to be a man.
Mutual ignorance breeds mutual distrust.
Touch his head, and he will bargain and argue with you to the last; Touch his heart, and he falls upon your breast.
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 a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.
If thou dost not sow, thou shalt not reap,
The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is great; but the advantages of this law are also greater still than its cost- for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.
A word, a look, an accent, may affect the destiny not only of individuals, but of nations. He is a bold man who calls anything a trifle.
Not evil, but good, has come to the race from the accumulation of wealth by those who have the ability and energy that produce it.
Upon the sacredness of property civilization itself depends-the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
The worlds civilization started from the day on which everyone received reward for labour.
The battle of life is already half won by the young man who is brought in contact with high officials; and the great aim of every boy should be to do something beyond the sphere of his duties- something which attracts the attention of those over him.
Mr. Morgan buys his partners; I grow my own.