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Random Reminiscences of Men and Events, Excerpt 43
About this time I began to go out and solicit business--a branch of work I had never before attempted. I undertook to visit every person in our…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 44
These experiences with my father remind me that in the early days there was often much discussion as to what should be paid for the use of money.…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 45
This estimable lady was violently opposed to loaners obtaining high rates of interest, and we had frequent and earnest arguments on the subject.…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 46
I have usually found that important alterations in public opinion in regard to business matters have been of slow growth along the line of proved…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 47
One can hardly realize how difficult it was to get capital for active business enterprises at that time. In the country farther west much higher…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 48
The holder of the mortgage had long demanded that he should be paid, but somehow even the interest was barely kept up, and the creditor finally…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 49
It would be surprising if in an organization which included a great number of men there should not be an occasional employee here and there who acted…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 50
It has been said that I forced the men who became my partners in the oil business to join with me. I would not have been so short-sighted. If it were…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 51
In the summer of 1907 I visited again the room at the top of the Standard Oil Company's building, where the officers of the company and the heads…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 52
For years the Standard Oil Company has developed step by step, and I am convinced that it has done well its work of supplying to the people the…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 53
This plan of selling our products direct to the consumer and the exceptionally rapid growth of the business bred a certain antagonism which I suppose…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 54
This is a very interesting and important point, and I have often wondered if the criticism which centred upon us did not come from the fact that we…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 55
Every week in the year for many, many years, this concern has brought into this country more than a million dollars gold, all from the products…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 56
None of us ever dreamed of the magnitude of what proved to be the later expansion. We did our day's work as we met it, looking forward to what we…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 57
The enterprise being so new and novel, on account of the fearfulness of certain holders in reference to its success, we frequently had to take…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 58
The 60,000 men who are at work constantly in the service of the company are kept busy year in and year out. The past year has been a time of great…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 59
Another thing to be remembered about this so-called "octopus" is that there has been no "water" introduced into its capital (perhaps we felt that oil…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 60
Beyond question there is a suspicion of corporations. There may be reason for such suspicion very often; for a corporation may be moral or immoral,…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 61
The dangers are that the power conferred by combination may be abused, that combinations may be formed for speculation in stocks rather than for…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 62
In the hearing of the Industrial Commission in 1899, I then said that if I were to suggest any legislation regarding industrial combinations it would…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 63
I am far from believing that this will adversely affect the individual. The great economic era we are entering will give splendid opportunity to…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 64
The great business interests will, I hope, so comport themselves that foreign capital will consider it a desirable thing to hold shares in American…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 65
I may speak thus frankly, because I am an investor in many American enterprises, but a controller of none (with one exception, and that a company…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 66
I confess I have no sympathy with the idea so often advanced that our basis of all judgments in this country is founded on money. If this were true,…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 67
In reading the newspapers, where so much is taken for granted in considering things on a money standard, I think we need some of the sense of…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 68
In my early days men acted just as they do now, no doubt. When there was anything to be done for general trade betterment, almost every man had…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 69
Then, again, we had the type of man who really never knew all the facts about his own affairs. Many of the brightest kept their books in such a way…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 70
My ideas of business are no doubt old-fashioned, but the fundamental principles do not change from generation to generation, and sometimes I think…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 71
Many men of wealth do not retire from business even when they can. They are not willing to be idle, or they have a just pride in their work and…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 72
Some of these men, however, are so absorbed in their business affairs that they hardly have time to think of anything else. If they do interest…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 73
During the years when I was just coming to man's estate, the produce business of Clark & Rockefeller went on prosperously, and in the early sixties…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 74
In 1865 the partnership was dissolved; it was decided that the cash assets should be collected and the debts paid, but this left the plant and the…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 75
I had made up my mind that I wanted to go into the oil trade, not as a special partner, but actively on a larger scale, and with Mr. Andrews wished…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 76
The story of the early history of the oil trade is too well known to bear repeating in detail. The cleansing of crude petroleum was a simple and easy…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 77
These were the problems which confronted us almost at the outset, and this great depression led to consultations with our neighbors and friends in…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 78
This enterprise, conducted by men of application and ability working hard together, soon built up unusual facilities in manufacture, in…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 79
Several years ago, when asked how our business grew to such large proportions I explained that our first organization was a partnership and afterward…
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Leadership · Entrepreneur memoirs
Random Reminiscences of Men and Events, Excerpt 80
We soon discovered, as the business grew, that the primary method of transporting oil in barrels could not last. The package often cost more than the…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 1
One Hogmanay night[2] an old wifey, quite a character in the village, being surprised by a disguised face suddenly thrust in at the window, looked up…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 2
My Grandfather Morrison was a born orator, a keen politician, and the head of the advanced wing of the radical party in the district--a position…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 3
I have not passed so far through life without receiving some compliments, but I think nothing of a complimentary character has ever pleased me so…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 4
As my father succeeded in the weaving business we removed from Moodie Street to a much more commodious house in Reid's Park. My father's four or five…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 5
Dunfermline has long been renowned as perhaps the most radical town in the Kingdom, although I know Paisley has claims. This is all the more…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 6
In the performance of these duties I was often late for school, but the master, knowing the cause, forgave the lapses. In the same connection I may…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 7
This is something of a commentary upon the truth that war breeds war, that every battle sows the seeds of future battles, and that thus nations…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 8
One of the trials of my boy's life at school in Dunfermline was committing to memory two double verses of the Psalms which I had to recite daily.…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 9
My first business venture was securing my companions' services for a season as an employer, the compensation being that the young rabbits, when…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 10
The arrival at New York was bewildering. I had been taken to see the Queen at Edinburgh, but that was the extent of my travels before emigrating.…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 11
The great question now was, what could be found for me to do. I had just completed my thirteenth year, and I fairly panted to get to work that I…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 12
Anything low, mean, deceitful, shifty, coarse, underhand, or gossipy was foreign to that heroic soul. Tom and I could not help growing up respectable…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 13
Soon after this Mr. John Hay, a fellow-Scotch manufacturer of bobbins in Allegheny City, needed a boy, and asked whether I would not go into his…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 14
One evening, early in 1850, when I returned home from work, I was told that Mr. David Brooks, manager of the telegraph office, had asked my Uncle…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 15
The interview was successful. I took care to explain that I did not know Pittsburgh, that perhaps I would not do, would not be strong enough; but all…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 16
I had only one fear, and that was that I could not learn quickly enough the addresses of the various business houses to which messages had to be…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 17
The great event of the day in Pittsburgh at that time was the arrival and departure of the steam packet to and from Cincinnati, for daily…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 18
There were at that time not half a dozen "carriage" people in the town; and not for many years after was the attempt made to introduce livery, even…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 19
My position as messenger boy soon made me acquainted with the few leading men of the city. The bar of Pittsburgh was distinguished. Judge Wilkins was…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 20
One great excitement of this life was the extra charge of ten cents which we were permitted to collect for messages delivered beyond a certain limit.…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 21
With all their pleasures the messenger boys were hard worked. Every other evening they were required to be on duty until the office closed, and on…
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Leadership · Entrepreneur memoirs
Autobiography of Andrew Carnegie, Excerpt 22
Colonel James Anderson--I bless his name as I write--announced that he would open his library of four hundred volumes to boys, so that any young…
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Leadership · Entrepreneur memoirs