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Show CONCENTRATE ON ONE LINE Andrew Carneajo's Reclpo for Business Busi-ness Success Calls for Individual Attention to Own Enterprise. Andrew Carnegie believed ho could manage his own capltnl better than any other person, and advised young men to conccntrato their efforts on one business. Ills opinion follows: "I believe tho truo road to pro-emt-ncnt success In any line is to mako yourself mnstcr In thnt lino. I have no faith In tho policy of scattering one's resources, and In my experience I have rarely If over mot a man who achieved prc-oralnciico In raonoy making mak-ing certainly never ono ln manufacturingwho manu-facturingwho was interested ln ninny concerns. The men who hnvo succeeded havo chosen ono lino nnd stuck to It. It Is surprising how few men appreciate tho enormous dividends divi-dends derivable from Investments In their own business. There Is scarcely a manufacturer ln tho world who hns not In his works somo machinery thnt should bo thrown out nnd replaced by Improved appliances; or. who does hot for want of additional machinery or new methods, lose moro than sufficient suffi-cient to pay tho largest dividend obtainable ob-tainable by Investment beyond his own domnln. And yet most business men wiiimi i nnvo Known invest in bank shares and In faraway enterprises, while tho truo gold ralno lies right In their own factories. I havo always tried to hold fast to this cardinal doctrine, doc-trine, that I could rnanngo my own capltal better than any other person, and much bettor than any board of directors. Tho losses which men en-counter en-counter during a business Ilfo which seriously embarrass them nro rarely In their own business, but In enterprises enter-prises of which tho Investor l not master. My advice to young men would be not only to concentrate their whole tlmo and attention on the' one business ln life In which they engage, but to put every dollar of their capital cap-ital Into It." Kansas City Times. |