The Success Of Andrew Carnegie's Success

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Andrew Carnegie was a Scottish-born American industrialist who made millions in the steel industry and later in his life became a “major philanthropist” (History.com). Carnegie was one of the leading figures of industry of America during the 1800s turning him from a poor young boy to one of the richest and most powerful tycoon of his time. As he aged, he sold his company to one of his competitors and turned into a millionaire, probably the richest man of his age. Despite of the hardships he had as a young boy, Carnegie used his childhood experienced to become the determined, business-hungry magnate he turned out to be. Determination was the driving force behind Carnegie’s success. An ambition for riches would mark Carnegie’s success (History.com). …show more content…
Carnegie published the “Gospel of Wealth”, in which he said that rich people have “a moral obligation to distribute [their money] in ways that promote the welfare and happiness of the common man” (Bio.com). Carnegie’s way of thinking was that if a rich person dies rich, he/she dies disgraced. He could have easily given his money to charity but he decided to help out the people because he used to be like those people. By the end of his life, Carnegie donated $350 million, which in today’s world it is the equivalent to billions of …show more content…
He is considered one of the builders of America and if it were not for his success with steel, America probably would not be what it is today. It is said that Carnegie along with J.P. Morgan, Henry Ford, John Rockefeller, and Vanderbilt built the world, since they all helped to build America in different areas. Although they all contributed in building America, Carnegie was on a whole different level. Everyone else looked like a peanut compared to Carnegie. After becoming a billionaire, Carnegie decided to donate his money since he hated charities. He published many books with the most famous one being The Gospel of Wealth in which he states, “rich men have a duty to use their money to improve the welfare of the community” (History.com). There were not many people like Carnegie; he pulled himself up out of poverty. His life was amazing and his determination was ceaseless. Carnegie is definitely an inspiration to others because he suffered through child labor but with determination he built his own future from the ground up. “Here is the prime condition of success: Concentrate your energy, though and capital exclusively upon the business in which you are engaged. Having begun on one line, resolve to fight it out on that line, lead in it, adopt every improvement, have the best machinery, and know the most about it” (Andrew Carnegie).

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