How Is Andrew Carnegie Successful

One of the captains of industry in 19th century America, Andrew Carnegie, helped build the formidable American steel industry, a process that turned a poor young man into one of the richest entrepreneurs of his age ("Andrew Carnegie"). Andrew Carnegie was beneficial to America in many ways. He did this through the new technology he introduced to the steel industry, new programs, public works, and other acts of generosity he committed. However, not only did he benefit the United States, but he also preached world peace and helped to improve Europe, which indirectly benefited America. Andrew Carnegie positively affected America through not only himself, but also his “ Carnegie Steel Company.”

The Carnegie Steel Company was a successful factory, which employed many hundred of workers. Andrew Carnegie, who was the owner of the company, wanted a large successful business, which he had achieved already, but he was always looking for ways to save and make more money. By 1892, unions had been formed

The industrial leaders, Robber Barons, of the 19th century are men who are very respected and admired. Andrew Carnegie was a boy from Scotland who came over to this country with nothing. He continued to save and work his way up in the industry until he had complete control over the steel industry. John D. Rockefeller was also one who came from an ordinary home. When he saw an opportunity, he took it, along with the risks. He came to control the oil industry. Another man that took many opportunities to expand and grow was Cornelius Vanderbilt. These men saw what they needed to do to become successful and they did it. These men's' lives reflected the

Andrew Carnegie was a Scottish American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He built a leadership role as a philanthropist for America and the British Empire. Carnegie did not run his business the way it should be run according to ethical rights, he made his workers work long hours with low wages. He defined the steel industry as he brought in new technology improvements which brought in iron to steel conversions. He produced more steel than the size of Great Brittan. Carnegie became a very wealthy man after his success as an entrepreneur, but he was never greedy and always helped others with his money. His

Andrew Carnegie was one of the wealthiest men in America but his wealth didn’t come without hard work and dedication. Carnegie was born in “Dunfermline, Scotland on November 25, 1835” (Tyle). According to Laura B. Tyle, the invention of the weaving machine unfortunately pushed Carnegie’s family in to poverty “In 1848, Carnegie’s family left Scotland and moved to Allegheny City, Pennsylvania, where his father and eventually him worked in a cotton factory” (Tyle). After leaving the cotton factory “Carnegie became a messenger boy for the Pittsburgh telegraph office and eventually made his way up to telegraph operator” (Tyle). According to Laura B. Tyle “Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad, made Carnegie his secretary at the age of eighteen.” Later, Carnegie took over Scott’s position of the railroad. Furthermore Carnegie “began to see that steel was going to replace iron and by 1873 he organized a steel rail company” (Tyle). According to Laura B. Tyle he continued to build his company when he “cut prices, drove out competitors,

The market allowed a corporation to set prices at whatever price they wanted. The Americans who ran this business where wealthy and powerful. Andrew Carnegie was another one in the steel industry who became a wealthy man. Carnegie worked in a Pittsburgh cotton factory as a boy. He entered the steel business, and within the next decade dominant the industry of steel (Shi).

Andrew Carnegie is a champion of innovation, business, and philanthropy. From his birthplace in Scotland to the suburbs of Pittsburgh, Carnegie embodies one of the great stories of fulfilling the ‘American Dream.’ His tenacious spirit and intuition made Carnegie overcome his adversities and become a pioneer of knowledge and business versatility in history. Andrew Carnegie helped shape modern advancements in education and business, and without his philanthropic and professional endeavors, many of the developments in the modern world would have been difficult to obtain. By looking at Carnegie’s success in the Pennsylvania Steel Company and his eventual charitable contributions to society, one can understand how one man has contributed to a diffusion of knowledge on a worldwide scale.

     Let us first look at Mr. Andrew Carnegie. Carnegie was a mogul in the steel industry. Carnegie

Carnegie came from humble beginnings, but through his extraordinary vision he would become the richest man on the planet and would display idealized influence and inspirational motivation through his philanthropic endeavors, inspiring the nation’s richest to give to charities through the use of foundations. Carnegie was born in Scotland and moved to U.S with his family in 1848 when he was 12 years old. His father attempted to start a weaving business in America, but failed, leaving Carnegie to work in a mill for $1.20 a week (Goldin, 1988, p. 13). Carnegie would go to on to build a fortune worth almost $450 million by making investments and building a technologically advanced steel making process at a time when the U.S was using steel

Andrew Carnegie, also known as the steel king of America, was an influential businessman during the late 1800s. In addition to being a business tycoon, Carnegie was also a philanthropist. By utilizing free enterprise, Carnegie was able to create a build a fortune from the ground up. Free enterprise is "an economic system in which private business operates in competition and largely free of state control." Resources are owned by the people, instead of the government, and the government only interferes to ensure overall peace and order. Without free enterprise as an economic system, Carnegie would not have been able to become a business mogul, because he would not have been able to make his own economic decisions and build his own business.

During the 19th century, United States was starting to industrialize. The need for labor started increasing and the economy in United States started increasing. The increase in the economy was due to major inventions and technologies that prospered U.S. Andrew Carnegie was one of the major figure during the 19th century who was known for creating the steel industry. The steel industry was very important because the economy was increasing and many people started earning jobs. Andrew Carnegie became a major captain of industry during the 19th century and his invention created social, economic and political impact on many Americans.

It seems that, rapidly, business changed in the Nineteenth Century. Business transformed from a small-scale setting to a larger, more efficient standard. Workers went from being masters at their profession to unskilled workers making more products with the help of machinery. Not only had the physical aspect of business changed, but the organizational skills of being a manager were modified as well. There are many examples of businessmen that contributed to this change, but one of the most influential is Andrew Carnegie. Andrew Carnegie observed the structure of business and made modifications to meet his own needs in order to produce a successful and prosperous business. Carnegie took

Carnegie visited the Bessemer steel plants in England for the first time, introducing him to steel and how it was processed and made. In 1875, he opened his first steal plant, Edgar Thomson Works, in Braddock, PA. In 1883, he bought the Homestead Works steel mill to start his steel company.in 1889; he published his first book called “The Gospel of Wealth”. In 1899, he formed Carnegie Steel from several smaller steel companies which would later form a steel empire and monopoly. In 1901, Carnegie sold his company to J.P. Morgan, becoming the richest man in the world (“Andrew”). “He realized wooden bridges then used on railways would not do for the future. Iron bridges must soon replace them, so he organized a company in Pittsburgh to make them (Gillam 53).Andrew Carnegie gained a lot of success in his lifetime. He was successful because he was determined to make his company one of, if not the best steel companies in the world. Not only was he determined to make his business run, but he was also determined to make the world a better place by doing a lot of charity work. Even though determination is very important, stubbornness is also a great quality to have as well, even if not many people would agree.

Andrew Carnegie was a Scottish immigrant to the United States from a poor family where he later changed the steel industry through mass production. He first started employment by working in a factory where he got to experience the labor conditions. As he climbed the ladder of leadership, he was able to learn about the railroad industry and business. While working for the railroad, Carnegie made several investments. Drawn from smart choices and some luck, he was able to focus on business interests that led to Carnegie Steel Company. Through corrupt business tactics and new technological advancements, Carnegie became a worldwide known billionaire. Many people fandom Carnegie for changing the production of steel that led to further advance America while others criticize him for his treatment of workers and corrupt business strategies. No amount of money as a philanthropist later in life compensates for what he did as a business man. Andrew Carnegie is guilty as charged on the accounts of reckless endangerment, hypocrisy, and creed that defines him as a mostly robber baron.

One of the areas that proves that Andrew Carnegie was a hero was due to his business technique. Furthermore, Andrew Carnegie became an influential business man by demonstrating vertical integration. For instance, he demonstrated vertical integration by having many companies producing the same raw material (Negronida, 2017). Due to this technique, he was able to decrease the prices for consumers and create more raw materials in production. For this reason, he demonstrated a heroic trait, intelligence, and Carnegie became one of the most influential business man because of this technique. Without a doubt, he became a role model and further push the boundaries in the business field. Of course, he inserted his ideals in his business strategies. For instance, he believed darwinism is essential in business as it help decrease the prices