Charles M. Schwab

(Charles Michael Schwab)

Charles M. Schwab
Charles M. Schwab
  • Born: February 18, 1862
  • Died: September 18, 1939
  • Nationality: American
  • Profession: Businessman

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A concern that produces its own raw materials, and works them up through the various processes until it delivers the manufactured product in the domestic or foreign market, can work on a narrower margin all around, and yet do full justice to its stockholders and employees. Work, Workers & The Labor Force
A man to carry on a successful business must have imagination. He must see things as in a vision, a dream of the whole thing. Business, Commerce & Finance
A man who trims himself to suit everybody will soon whittle himself away.
A man will succeed in anything about which he has real enthusiasm, in which he is genuinely interested, provided that he will take more thought about his job than the men working with him. The fellow who sits still and does what he is told will never be told to do big things.
A man, to carry on a successful business, must have imagination. He must see things as in a vision, a dream of the whole thing. A man can cultivate this faculty only by an appreciation of the finer things in life. Life ;Business, Commerce & Finance
About all that is needed to put the world on its feet are the right qualities of mind and heart on the part of all men.
All successful employers are stalking men who will do the unusual, men who think, men who attract attention by performing more than is expected of them.
Any man who goes into anything in life and does it better than the average will have a successful life. If he does it worse than the average, his life will not be successful. And no business can exist in which success cannot be won on that basis. Life ;Success ;Business, Commerce & Finance
As the train rounded the curve, the great smoking stacks of the Edgar Thomson works, the flaming converters belching forth, made such a vivid impression upon my youthful mind that it will never fade. I thought I had seen the very acme of what might be accomplished in an industrial way.
Bare hands grip success better than kid gloves. Be thorough in all things, no matter how small or distasteful! The man who counts his hours and kicks about his salary is a self-elected failure. Failure ;Success
Be friends with everybody. When you have friends, you will know there is somebody who will stand by you.
Concentrate and think upon the problem in mind until a satisfactory conclusion is reached, and then finally go ahead. If you have made a mistake, all right. Never find fault with a man because he has made a mistake. It is only a fool that makes the same mistake the second time. Time
Did you ever stop to think that a great man in life who has won great acclaim and great reputation is the very man who is willing to share and give the honor to others in the doing of things that made him great? Life
Fundamentally, the basis of all modern progress is the efficiency of labor. And the only sure road to restored prosperity is through the thrift and hard work of our people as a whole. Work, Workers & The Labor Force
Here I am, a not over-good business man, a second-rate engineer. I can make poor mechanical drawings. I play the piano after a fashion. In fact, I am one of those proverbial Jack-of-all-trades who are usually failures. Why I am not, I can't tell you. Business, Commerce & Finance
I am one of those men who believes that the best workingman ought to have the best pay.
I became interested, through reading the works of some novelist, in Egyptology and made a study of the pyramids. It was just a hobby, but I had a desire to know all I could about everything I could.
I consider my ability to arouse enthusiasm among men the greatest asset I possess. The way to develop the best that is in a man is by appreciation and encouragement.
I disagreed with Carnegie's ideas on how to best to distribute his wealth. I spent mine! Spending creates more wealth for everybody.
I find my greatest happiness in thinking of those days in Homestead when I labored to bring a thing to perfection entirely by myself. In the evenings, I would go into the hills and look down on my work, and I knew that it was good, and my heart was elated. Happiness & Unhappiness ;Work, Workers & The Labor Force
I have always believed that the aristocracy of any country should be the men who have succeeded - the men who have aided in upbuilding their country - the men who have contributed to the efficiency and happiness of their fellow men. Happiness & Unhappiness
I mention the need of cooperation and confidence among the men who work, no matter what may be their relative ranks, because it is the vital factor underlying everything. Only as we are willing to work today, work as we never have worked before, will civilization survive. Work, Workers & The Labor Force
I was once asked if a big business man ever reached his objective. I replied that if a man ever reached his objective he was not a big business man. Business, Commerce & Finance
I will not be in the position of having management dictated to by labor.
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. Life
If you are going into any manufacturing establishment, don't go there by reason of any influence you may have. Start upon your own merits, and start in some lowly position, no matter what it is. Be a laborer, if you will. I don't know but that is the best way to start.
I'm making better than two million a year, but it's hard work. The luxuries and pleasures I enjoy in my spare time keep me in condition to do that work. Carnegie and Frick have more money than I have, but I'm getting more value for my dollars than they are. Time ;Money, Coins & Minting ;Work, Workers & The Labor Force
In my own house, I rigged up a laboratory and studied chemistry in the evenings, determined that there should be nothing in the manufacture of steel that I would not know.
In our works at Bethlehem and San Francisco, and all over the United States, I adopted this system: I pay the managers practically no salary. I make them partners in the business, only I don't let them share in the efforts of any other man. Business, Commerce & Finance
In the long run, no nation can prosper unless the world prospers.
Labor should be recognized as entitled to consult with management in the mutual interest. Labor cannot be driven, and business cannot be successful unless the men employed in it are enthusiastic and loyal. That loyalty cannot be obtained with a big stick; it must be based upon fair dealing and sympathy. Sympathy ;Business, Commerce & Finance
Lead the life that will make you kindly and friendly to everyone about you, and you will be surprised what a happy life you will lead. Life
Let us suppose you become a craneman. Suppose you become a clerk in a lawyer's office. Give the best that is in you. Let nothing stand in the way of your going on.
Make your employer feel truthfully that you are sincere with him; that you are going to promote his interest; that you are going to stand for the things which he represents; that you are proud of being a member of his staff, and there is nothing that will reap you a richer reward. Loyalty above all!
Many men fail because they do not see the importance of being kind and courteous to the men under them. Kindness to everybody always pays for itself. And, besides, it is a pleasure to be kind.
Men make opportunity. Every great industrial achievement has been the result of individual effort - the practical development of a dream in the mind of an individual.
Money is often a matter of chance or good fortune and is not the mark of a successful life. It is not the thing that brings a throb of pleasure or a thrill into my life. And I would not pose as a successful man if that were to be the measure. Life ;Money, Coins & Minting
Most talk about 'super-geniuses' is nonsense. I have found that when 'stars' drop out, successors are usually at hand to fill their places, and the successors are merely men who have learned by application and self-discipline to get full production from an average, normal brain.
My own experience is that there is no real effort in life that is not done better under encouragement and approval of our fellow men. Life
My own idea is that if the men hold any meetings or attempt to form any organization, we should be prepared to be fully informed of all that goes on and unhesitatingly discharge any men connected with this movement. In this way, our peace will be secure for a long time, and it will be easily done if taken at the start. Time ;War & Peace
Our efforts must be bent in the direction of convincing the great mass of working people of this country of the necessity of our winning and retaining our place in business and commerce. That place can be won only through the workers' own efforts and through their own efficiency. Business, Commerce & Finance
Personality is to a man what perfume is to a flower.
Set out with some definite purpose in life and accomplish that purpose. There is little that the human mind can conceive that is not possible of accomplishment. The thing to do is to make up your mind what you are going to drive for, and let nothing stand in the way of its ultimate accomplishment. Life
The aristocracy in the future is not one of wealth or university education, but the aristocracy of the men who have done something for themselves and their fellow men. Education, Learning, Knowledge & Training ;Future
The Bethlehem profit-sharing system is based on my belief that every man should get exactly what he makes himself worth. This is the only plan I know of which is equally fair to the employers and every class of employee. Someday, I hope, all labor troubles will be solved by such a system. Hope
The captains of industry do not keep on working for the sake of making money, but for the love of completing a job successfully. Love, Romance, Marriage & Sex ;Money, Coins & Minting
The first essential in a boy's career is to find out what he's fitted for, what he's most capable of doing and doing with a relish.
The fundamental principles of prosperity in every country are so well understood that they need but little if any discussion. They are so simple that with the proper cooperative action the American people collectively can easily place this wonderful country of ours in the position that it is so well qualified to hold among the nations of the world.
The hardest struggle of all is to be something different from what the average man is. I don't believe in 'super-men,' for the world is full of capable men, but it's the fellow with determination that wins out.
The Homestead plant, taken as a whole, is complete and finished in every department. There is nothing of any consequence to be desired. It is the first time I have ever been connected with any works that I could say it is finished and complete and to my entire satisfaction. Time
The man who has done his best has done everything.
The men who miss success have two general alibis: 'I'm not a genius' is one; the other, 'There aren't the opportunities today there used to be.' Neither excuse holds. The first is beside the point; the second is altogether wrong. Success
The real test of business greatness is in giving opportunity to others. Many business men fail in this because they are thinking only of personal glory. Business, Commerce & Finance
The supreme need of the world is peace and good will among men. It must be peace founded upon justice and fairness, the righting of past wrong, and the securing of the future as far as possible against the evils of the past. Future ;War & Peace
There is no royal road to a successful life, as there is no royal road to learning. It has got to be hard knocks, morning, noon, and night, and fixity of purpose. Education, Learning, Knowledge & Training ;Life ;Morning
There is nothing a worker resents more than to see some man taking his job. A factory can be closed down, its chimneys smokeless, waiting for the worker to come back to his job, and all will be peaceful. But the moment workers are imported, and the striker sees his own place usurped, there is bound to be trouble.
There's no limit possible to the expansion of each one of us.
To my mind, the best investment a young man starting out in business can possibly make is to give all his time, all his energies, to work - just plain, hard work. Time ;Work, Workers & The Labor Force
We hear much of Bolshevism, much of labor unrest; at times, we hear the word 'revolution.' But these are but contagious diseases in the body of civilization, and I believe that the antitoxins of good cheer, mutual confidence, fairness and justice will ultimately cure these ills and make the world healthy and strong again.
We make our own labor unions. We organize our labor into units of 300, and then the representatives of these 300 meet together every week. Then every fortnight they meet with the head men.
What little success I may have won in life I attribute to the loyalty I had for a dear old friend who was my first steel master, whom you perhaps have never heard of: Captain Bill Jones. Life ;Success
When a man has put a limit on what he will do, he has put a limit on what he can do.
When I first went to work... I had over me an impetuous, hustling man. It was necessary for me to be up to the top notch to give satisfaction. I worked faster than I otherwise would have done, and to him I attribute the impetus that I acquired. Work, Workers & The Labor Force
When you start in life, if you find you are wrongly placed, don't hesitate to change, but don't change because troubles come up and difficulties arise. You must meet and overcome and conquer them. And in meeting and overcoming and conquering them, you will make yourself stronger for the future. Life ;Future
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. You have got to make up your mind at the start which of the two you are going to have. Life ;Time
You can tell a workingman you like him, but he knows whether you are sincere or not. You can't make him believe you are interested in his welfare unless you are.

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