Wednesday 11 January 2017

Self-Made Millionaire Knew the Value of Hard Work

"The man who does more than he is paid for will soon be paid for more than he does." 
(Napoleon Hill)

A few years after we bought our house, Rob and I had a small hole developping in the backyard.  It turned out the soil was eroding due to the eavestrough drain.  We hired someone to lengthen the eavestrough pipe and bury it underground.  On the appointed day, it was drizzling rain.  At the appointed time, the man never showed up.  Rob phoned him to inquire and his response was:  "You don't expect me to work in the rain!"  

Nothing replaces hard work.  Self-made millionaire Andrew Carnegie knew that.  The Scotsman immigrated to America in 1848 almost penniless.  By 1901. he was the richest man in the world.  How did he establish his empire?  

As a teenager, Carnegie worked at a textile mill. Later, he worked as a telegrapher.  At 18, he became a personal secretary of a top manager of the railroad.  At 30, he was already the head of the Pittsburgh railroad.  In 1861, Carnegie invested in oil.  By 1873, he helped build the the steel business.  By 1900, he was making $40 million dollars in profits.  In the Gospel of Wealth (1889) Carnegie had written: "The man who dies thus rich dies disgraced."  Keeping to his word, he donated $350 million of his profits to worthy causes, including $60 million to build 3000 libraries across North America and the United Kingdom.

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