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Andrew Carnegie’s Desire to Be Better Than the Competition

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Andrew Carnegie was an industrialist that wanted the best for others, while at the same time he would still be making profit now that was not in others interests. When he was young, he worked in a factory as other opportunities came along, he gathered as much information as he could so he too could be as successful as they were. Which led him to start a company for steel bridges and moved that to just produce steel. He wanted his product to be as affordable as possible, but still have a top product that everyone would have to have since he did not cost like other competitors.

His hard work got him to be the world’s largest corporation in the world, by showing he outdid his competitors at the time. He wanted to show that just because you are rich does not mean you can not share it. He decided to sell the company because he wanted to focus on ideas that were philanthropic and with the money he received from it he put towards donating to start building many libraries. He wanted to show to everyone you can succeed no matter who or where you are you need to believe in yourself. That is what different about him than other industrialists.

In How to Succeed in Life Carnegie started working at a young age and made his way to the top. He discusses some things about what are the right and wrongs, also what some consequences can be. Such as taking in substances whether it is alcohol or smoking especially how young people are starting to do one or the other and do not realize what that does or will eventually do if they keep it up. Carnegie says “…put all your eggs into one basket and then watch that basket, do not scatter your shot…” to put all of your precious time and energy into one project doing a million little things will get you nowhere.

To keep your eyes on the prize is what you need to put yourself on the top. As we work, we need to set aside money as time goes just like when we retire, and we look forward to being on vacation with your retirement money. We can also set it aside for items we really wanted that were on the high-end side. Always support others around you. That could be taken in a business matter or in a personal way. Such as a friend could need help and you could be right there for them. These are some ways that Andrew Carnegie says can help us succeed in life.

Bibliography

  1. Keene, Jennifer D. “Ch.16 Sec.1- 4.” Essay. In Vision of America: A History of United States, 3rd ed. Vol. 2. Pearson. Accessed February 15, 2019. https://revel-ise.pearson.com/courses/5c511662e4b069ce2dc23003/pages/a6ad218aec80aca21c9614030c8e89fae68429109?source=contents.
  2. Carnegie, Andrew. ‘How to Succeed in Life.’ In The Pittsburg Bulletin. First published in December 19, 1903. Accessed February 15, 2019. https://revel-ise.pearson.com/courses/5c511662e4b069ce2dc23003/pages/a9224799141f72f790c72f7c3080bd851cd0c2dfd?source=contents.

Cite this paper

Andrew Carnegie’s Desire to Be Better Than the Competition. (2022, May 12). Retrieved from https://samploon.com/andrew-carnegies-desire-to-be-better-than-the-competition/

FAQ

FAQ

What did Carnegie have to say about the law of competition?
In his view, the law of competition was "the law of nature," and it resulted in the "survival of the fittest."
What was Andrew Carnegie's goal?
Andrew Carnegie's goal was to earn as much money as possible and to become the richest man in the world.
What was Andrew Carnegie's view on competition?
Andrew Carnegie believed that competition was the key to success in business. He believed that businesses that competed with each other would be forced to innovate and improve their products and services, which would benefit consumers.
Why does Carnegie consider this mode less desirable?
Why does Carnegie consider this mode less desirable? Carnegie is saying here that increasing wages is not as good as wealthy people administering their wealth : “it would be wasted in the indulgence of appetite,” i.e. frivolous spending by those who are given these wages (the workers).
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