Saturday, June 22, 2013

Andrew Carnegie: The Richest Man in the World

The thing I remember about Carnegie from my history lessons was his drive to cut costs.

This didn't always go over well with people, as this documentary shows.

However, the principle holds true.  If costs are kept as low as possible, market share can be increased.  This is a method for success and ultimate domination in any field.

If you deviate from this principle, you will pay the price.  America is paying that price now.  That's why energy must be at the lowest possible cost.  With cheap energy, anything is possible.

This documentary means to be critical of Carnegie.  But I use it because it shows this principle.  Whether you agree with it or not is a matter for your own conscience.


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