1) Andrew Carnegie- David Nasaw
-What surprised me the most was: His gain of wealth through the now illegal process of insider trading
-The thing I admired most was: Carnegie's advocacy for world peace
-The thing I least admired was: his use of unethical methods like manipulating deals and shares by printing false certificates
-Carnegie encountered adversity and failure when he bought two British patents on new railway making methods that proved to be useless. He lost a great deal of money from this but learned from the mistake and continued with his steel business.
2) Carnegie's Competencies were: a high aptitude for math and an impeccable memory
3) Confusing part: The concept of insider trading was foreign to me at first and took a bit of personal research to wrap my head around.
4) Two questions:
-When did you feel closest to giving up and why didn't you?
-Once you rose to prominence as a tycoon what drove you towards philanthropy?
I chose these questions mostly out of curiosity for some of the personal fuel behind Carnegie's public decisions
5) Carnegie's pinion of hard work: I believe Carnegie believes in the idea of well-positioned hard work. as a former accountant and railroad manager, he likely experienced a lot of tough work without particularly large yields but by channeling his talents into the right areas he saw great success. I share this idea, recognizing the need for hard work to get anywhere significant but also working smarter and not harder so your efforts aren't wasted in areas they're not needed
Hey Brandon! I find it interesting that you believe that Andrew Carnegie believed in hard work yet he gained his wealth illegally. Does this mean he believes in hard work but it does not mean it always has to be ethical? Considering Carnegie’s other qualities, do you believe that his business would still become successful if he had not used unethical methods to support his company? Just want to know more about your opinions!
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