Andrew Carnegie

Andrew Carnegie
Industrialist
(1835-1919)

Friday, April 27, 12

Born in Scotland

His father was ﬁred
as a weaver.
Family migrated to Pittsburgh
Pennsylvania in 1848.


Was a messenger boy at Western Union,
an opportunity to move up


Do more than was expected,
so he’d get notice by his bosses.


Memorizing names, addresses and faces
of people whom frequent deliveries.
So he could cut delivery times.


Learned by himself to be
a telegraph operator

He studied the railroad’s
operation in depth.
Became so knowledgeable to
offer innovation suggestions.


1982
found
Carnegie Steel Co.


Introduced innovation for steel manufacturing
as key foundation to build America


In 1872, he learned new process from UK
to make steel better of
strength and ﬂexibility.

Steel became a key material
for building structure.


Built the ﬁrst steel mill
Named it Edgar Thomson Works,
after the president of Pennsylvania Railroad


No micromanage

His job was
to implement a progressive system,
install worthy employees
and chart an accurate course.


But always be there when bidding,
unforseen circumstances could come up.

“Everybody should do something
beyond the sphere of his duties
somethings that attracts
the attention of those over him”


“Take care of the pennies, and the
pounds will take care themselves.”


“A reputation for producing the best is a sure
foundation on which to build.”


“Doing one thing and doing it well.”


"Put all your eggs
in one basket
and then watch
that basket."


Gave 90% of his wealth
to a foundation.


“The man who
died rich
dies disgraced.”


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