CHANCES TO SEIZE
If you will look up the early beginnings of most rich men, you will find that they got their first start during a depression in trade. They bought from pessimists. That is always the best way to buy. That is the secret of Andrew Carnegie’s fortune of £60,000,000 and Frick’s fortune of £20,000,000 and many another great fortune. W r hen. the American steel business went-on the rocks Carnegie bought up big steel works for a song.” When the coke business went to pieces Frick borowed money and bought 10,000 coke ovens. No one else wanted them as a gift. In two years lie made bis first fortune. He made it bv buying in a panic. . . - This country! is not going to the devil. (Joods must be made and sold. There are many chances to-day for those- who dare to take them. —‘ The Efficiency Magazine.”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/NEM19310108.2.81
Bibliographic details
Ngā taipitopito pukapuka
Nelson Evening Mail, Volume LXIV, 8 January 1931, Page 8
Word count
Tapeke kupu
148CHANCES TO SEIZE Nelson Evening Mail, Volume LXIV, 8 January 1931, Page 8
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Nelson Evening Mail. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in