Charles M. Schwab
Charles M. Schwab
Charles Michael Schwabwas an American steel magnate. Under his leadership, Bethlehem Steel became the second largest steel maker in the United States, and one of the most important heavy manufacturers in the world...
NationalityAmerican
ProfessionBusinessman
Date of Birth18 February 1862
CountryUnited States of America
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To my mind, the best investment a young man starting out in business can possibly make is to give all his time, all his energies, to work - just plain, hard work.
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Work hard. Hard work is the best investment a man can make.
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There is no royal road to a successful life, as there is no royal road to learning. It has got to be hard knocks, morning, noon, and night, and fixity of purpose.
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Fundamentally, the basis of all modern progress is the efficiency of labor. And the only sure road to restored prosperity is through the thrift and hard work of our people as a whole.
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I'm making better than two million a year, but it's hard work. The luxuries and pleasures I enjoy in my spare time keep me in condition to do that work. Carnegie and Frick have more money than I have, but I'm getting more value for my dollars than they are.
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There is nothing a worker resents more than to see some man taking his job. A factory can be closed down, its chimneys smokeless, waiting for the worker to come back to his job, and all will be peaceful. But the moment workers are imported, and the striker sees his own place usurped, there is bound to be trouble.
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The real test of business greatness is in giving opportunity to others. Many business men fail in this because they are thinking only of personal glory.
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Men make opportunity. Every great industrial achievement has been the result of individual effort - the practical development of a dream in the mind of an individual.
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I became interested, through reading the works of some novelist, in Egyptology and made a study of the pyramids. It was just a hobby, but I had a desire to know all I could about everything I could.
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I have always believed that the aristocracy of any country should be the men who have succeeded - the men who have aided in upbuilding their country - the men who have contributed to the efficiency and happiness of their fellow men.
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Let us suppose you become a craneman. Suppose you become a clerk in a lawyer's office. Give the best that is in you. Let nothing stand in the way of your going on.
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The man who has done his best has done everything. The man who has done less than his best has done nothing.
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You can never really get away - - you can only take yourself somewhere else.
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For my own part I am more interested in my work than its mere money value.