Description

The losses men encounter during a business life which seriously embarrass them are rarely in their own business, but in enterprises of which the investor is not the master. -from Chapter XI Much more than a book of sage business advice-though it is that, too-this extraordinary autobiography of one of the greatest American success stories is the tale of the nation's entrepreneurial spirit itself. The man who made a fortune in steel relates, in a lively and at times even poetic voice, the story of his life, from the vital lessons he learned from his "poor but honest" family about the value of hard work and a generous, liberal philosophy and his early work in telegraph and railroad offices to his investments in oil and steel and the great pleasure he took in his philanthropic causes, including setting up pensions for his steelworkers. Published in 1920, just after his death, and written as if to family and friends, this is an important reminder that there was a time in American business when a multimillion-dollar deal could be conducted on a handshake and greed wasn't good. Entrepreneur and philanthropist ANDREW CARNEGIE (1835-1919) was born in Scotland and emigrated to America as a teenager. His Carnegie Steel Company launched the steel industry in Pittsburgh, and after its sale to J.P. Morgan, he devoted his life to philanthropic causes. His charitable organizations built more than 2,500 public libraries around the world, and gave away more than $350 million during his lifetime.