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
Concentrate your energies, your thoughts and your capital.... The wise man puts all his eggs in one basket and watches the basket.
Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity.
Those who would administer [charity] wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity. It were better for mankind that the millions of the rich were thrown into the sea than spent to encourage the slothful, the drunken, the unworthy. Of every thousand dollars spent in so-called charity today, it is probable that nine hundred and fifty dollars is unwisely spent - so spent, indeed, as to produce the very evils which it hopes to mitigate or cure.
I resolved to stop accumulating and begin the infinitely more serious and difficult task of wise distribution.
I wish to have as my epitaph: 'Here lies a man who was wise enough to bring into his service men who knew more than he.'
The wise young man or wage earner of today invests his money in real estate.
Concentrate your energies, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
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
Concentrate; put all your eggs in one basket, and watch that basket.
the advancement and diffusion of knowledge and understanding.
I believe that the true road to preeminent success in any line is to make yourself master of that line
You cannot push anyone up the ladder unless he is willing to climb.
No person will make a great business who wants to do it all himself or get all the credit.