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
basis efficiency hard modern people prosperity restored sure thrift work
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.
became study works
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.
bring days entirely good greatest happiness heart hills knew perfection thinking work
I find my greatest happiness in thinking of those days in Homestead when I labored to bring a thing to perfection entirely by myself. In the evenings, I would go into the hills and look down on my work, and I knew that it was good, and my heart was elated.
best business hard investment man possibly starting time work
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.
bound closed factory man sees taking worker workers
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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Work hard. Hard work is the best investment a man can make.
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When I first went to work... I had over me an impetuous, hustling man. It was necessary for me to be up to the top notch to give satisfaction. I worked faster than I otherwise would have done, and to him I attribute the impetus that I acquired.
concern domestic foreign full margin processes produces product raw until various work works
A concern that produces its own raw materials, and works them up through the various processes until it delivers the manufactured product in the domestic or foreign market, can work on a narrower margin all around, and yet do full justice to its stockholders and employees.
adopted bethlehem business efforts managers partners san share united works
In our works at Bethlehem and San Francisco, and all over the United States, I adopted this system: I pay the managers practically no salary. I make them partners in the business, only I don't let them share in the efforts of any other man.
among civilization confidence cooperation factor matter men mention relative underlying vital willing work worked
I mention the need of cooperation and confidence among the men who work, no matter what may be their relative ranks, because it is the vital factor underlying everything. Only as we are willing to work today, work as we never have worked before, will civilization survive.
complete entire finished taken time works
The Homestead plant, taken as a whole, is complete and finished in every department. There is nothing of any consequence to be desired. It is the first time I have ever been connected with any works that I could say it is finished and complete and to my entire satisfaction.
carnegie condition dollars enjoy hard luxuries million money pleasures spare time value work
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.
bent business convincing country direction efforts great mass necessity people retaining won
Our efforts must be bent in the direction of convincing the great mass of working people of this country of the necessity of our winning and retaining our place in business and commerce. That place can be won only through the workers' own efforts and through their own efficiency.
against among evils far founded future good justice past peace possible supreme
The supreme need of the world is peace and good will among men. It must be peace founded upon justice and fairness, the righting of past wrong, and the securing of the future as far as possible against the evils of the past.