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As Hessen points out, if Schwab had died late in 1918, at the close of his war service, "he probably would have been given an official state funeral." By the time The Charles Schwab Corp. went public in 1987, it had a market capitalization value of $400 million. Their only significant difference in business stemmed from Schwab's desire to replace Carnegie's old-fashioned, cut-throat competition with a new ethic of compromise and conciliation. It has got to be hard knocks, morning, noon and night, and fixity of purpose.Never has there been a time in the history of the world when so much opportunity offers for the leading of a successful life as today. What would I not give to be one of your age again and have the opportunity of starting life afresh! I let younger men run these great establishments, notwithstanding the fact that I own the greater part of them.If you have any influence in the world to get you a start in life, don’t use it. When an acquaintance of Captain Bill Jones, the legendary practical genius of Carnegie Steel, gave Schwab a job in 1879 as a day laborer, he parlayed the opportunity into a succession of quick promotions that made him, in less than 20 years, superintendent of the Homestead Steel Works and then a partner and president of the Carnegie Steel Company. The money one doesn’t think about as long as you have enough to pay your bills and keep your business going.Now, in my long experiences in business life and association with men there are some fundamental things that must not be overlooked.If I were asked to say the most important things that lead to a successful life I should say that, first of all, was integrity – unimpeachable integrity.No man can ever do anything of any great value in life and have the confidence and approval of his fellow men or be successful in his undertakings with other businessmen if he doesn’t have the reputation of being a man of honor and integrity; and I don’t mean by that that a man shall be so high in the moral and social state of life that he is incapable of any action that might not be regarded as always right, but I have the highest regard for a man who, when he has done something wrong, manfully admits it and constantly sticks to the truth of integrity, however much it may seem to hurt.You can make up your mind to do one of two things: You can have a good time in life or you can have a successful life, but you can’t have both. But I don’t mind saying that forty, fifty, sixty, a hundred thousand dollars a year for these men is not infrequent.Now, I do the same with the working people. Please use the following steps to determine whether you need to fill out a call slip in the Prints and Photographs Reading Room to view the original item(s).
As Hessen points out, if Schwab had died late in 1918, at the close of his war service, "he probably would have been given an official state funeral." By the time The Charles Schwab Corp. went public in 1987, it had a market capitalization value of $400 million. Their only significant difference in business stemmed from Schwab's desire to replace Carnegie's old-fashioned, cut-throat competition with a new ethic of compromise and conciliation. It has got to be hard knocks, morning, noon and night, and fixity of purpose.Never has there been a time in the history of the world when so much opportunity offers for the leading of a successful life as today. What would I not give to be one of your age again and have the opportunity of starting life afresh! I let younger men run these great establishments, notwithstanding the fact that I own the greater part of them.If you have any influence in the world to get you a start in life, don’t use it. When an acquaintance of Captain Bill Jones, the legendary practical genius of Carnegie Steel, gave Schwab a job in 1879 as a day laborer, he parlayed the opportunity into a succession of quick promotions that made him, in less than 20 years, superintendent of the Homestead Steel Works and then a partner and president of the Carnegie Steel Company. The money one doesn’t think about as long as you have enough to pay your bills and keep your business going.Now, in my long experiences in business life and association with men there are some fundamental things that must not be overlooked.If I were asked to say the most important things that lead to a successful life I should say that, first of all, was integrity – unimpeachable integrity.No man can ever do anything of any great value in life and have the confidence and approval of his fellow men or be successful in his undertakings with other businessmen if he doesn’t have the reputation of being a man of honor and integrity; and I don’t mean by that that a man shall be so high in the moral and social state of life that he is incapable of any action that might not be regarded as always right, but I have the highest regard for a man who, when he has done something wrong, manfully admits it and constantly sticks to the truth of integrity, however much it may seem to hurt.You can make up your mind to do one of two things: You can have a good time in life or you can have a successful life, but you can’t have both. But I don’t mind saying that forty, fifty, sixty, a hundred thousand dollars a year for these men is not infrequent.Now, I do the same with the working people. Please use the following steps to determine whether you need to fill out a call slip in the Prints and Photographs Reading Room to view the original item(s).