It was June 23, 1885 and luckily group of students at Curry Commercial College in Pittsburgh were about to hear a special guest lecturer.
It was one of the most successful men of their day: Andrew Carnegie.
He came to give a lecture called “The Road to Business Success: A Talk to Young Men”.
In the lecture he gave them advice such as: Aim for the highest, never speculate, never endorse beyond your surplus cash fund, and make the firm’s interest yours.
But I want you to hear his LAST piece of advice today.
He calls it the “prime condition of success… the great secret“.
That got your attention, huh? 🙂
The Prime Condition of Success… The Great Secret
Listen closely to what he revealed to those students that day…
“And here is the prime condition of success, the great secret: concentrate your energy, thought, and capital exclusively upon the business in which you are engaged. Having begun in one line, resolve to fight it out on that line, to lead in it; adopt every improvement, have the best machinery, and know the most about it.”
He goes to reveal why he believes this is the prime condition and the great secret. He says…
“The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere.
“‘Don’t put all your eggs in one basket‘ is all wrong. I tell you ‘put all your eggs in one basket, and then watch that basket.’”
“Look round you and take notice; men who do that do not often fail. It is easy to watch and carry the one basket. It is trying to carry too many baskets that breaks most eggs in this country. He who carries three baskets must put one on his head, which is apt to tumble and trip him up. One fault of the American business man is lack of concentration.”
- Are you juggling too many baskets?
- Who can you pass some of them off to?
Please post any comments or remarks below…
- The Very Surprising Secret To Being Successful in Any Business (baybusinesshelp.com)