Andrew Carnegie：Autobiography of Andrew Carnegie, Additional Excerpt 265

I believe the true road to preëminent success in any line is to make yourself master in that line. I have no faith in the policy of scattering one's resources, and in my experience I have rarely if ever met a man who achieved preëminence in money-making--certainly never one in manufacturing--who was interested in many concerns. The men who have succeeded are men who have chosen one line and stuck to it. It is surprising how few men appreciate the enormous dividends derivable from investment in their own business. There is scarcely a manufacturer in the world who has not in his works some machinery that should be thrown out and replaced by improved appliances; or who does not for the want of additional machinery or new methods lose more than sufficient to pay the largest dividend obtainable by investment beyond his own domain. And yet most business men whom I have known invest in bank shares and in far-away enterprises, while the true gold mine lies right in their own factories.

Source： https://www.gutenberg.org/ebooks/17976
Locator：Additional excerpt 265 · Verified：2026-10-19 · Verification：Short excerpt

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