2 minutes
Editorial Invest in Slovakia
This time we're going to do it a little differently! Instead of a book, we'll look at the life story of the richest man on the planet at the time. The Steel Scotsman - Andrew Carnegie.
When the teacher at school asked him to say a saying from the Bible, he told her: Watch out for the pennies and the euros will take care of themselves.
He came to prominence
He became a messenger boy for the telegraph company. Thanks to this job he had the opportunity to meet various people, especially the rich and important. He always tried to remember them so that he could greet them later on the street and thus become known.
Two faces
Andrew Carnegie was a contradictory man. On the one hand, a pioneer and progressive-minded man, on the other a relentless capitalist and technocrat. His positive legacy only fully manifested itself towards the end of his life and career. Perhaps he was thus trying to redeem himself and his conscience. His soul.
Money is not enough
He moved to New York, already a wealthy man. Yet he felt he was not happy. He didn't like just making money for money's sake.
⚖️ He deducted expenses
He also differed from his rivals by cutting expenses when the going got tough instead of reaching for profit. Watch the expenses and the profit will take care of itself - he often said.
One day off
He tried to establish a competitive atmosphere among his employees. The workers worked 12 hours a day, 7 days a week. They had only one day off a year, and that was the 4th of July.
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