The true industrial revolutionaries understood that production and profitability was about more than product—it was about people, too. Our last Mindset Mastery post, and the following few, lead up to this essential point—that there has to be a balance and an element of humanity in business that feeds the mind and the soul if you want to achieve the highest levels of success.
Happiness And Contentment
The watchwords of the post-Depression era continue to be the watchwords of today’s business and work environment: human happiness and contentment; employers and business leaders who understand this and treat their workforce accordingly can attest to the fact that when this state of mind has been attained, production takes care of itself, more effectively than anything that has ever been accomplished where it was not, or where people could not mix faith and individual interest with their labor.
Because of the need for faith and cooperation in operating business and industry, it is both interesting and profitable to look at an event that provides an excellent understanding of the method used by industrialists and businessmen to accumulate great fortunes, by giving before they tried to get.
The event chosen for this illustration dates back to 1900, when the United States Steel Corporation was being formed. As you read the story, keep in mind these fundamental facts and you will understand how ideas have been converted into huge fortunes.
Six Steps To Success
First, know this–the huge United States Steel Corporation was born in the mind of Charles M. Schwab, in the form of an idea he created by using his imagination! Second, he mixed faith with his idea. Third, he formulated a plan for the transformation of his idea into physical and financial reality. Fourth, he put his plan into action with his famous speech at the University Club. Fifth, he applied, and followed-through on his plan with persistence, and backed it with firm decision until it had been fully carried out. Sixth, he prepared the way for success by instilling in himself a burning desire for success.
If you are one of those who have often wondered how great fortunes are accumulated, this story of the creation of the United States Steel Corporation will be enlightening. If you have any doubt that men can Think and Grow Rich, this story should dispel that doubt, because you can plainly see in the story of United States Steel, the application of a major portion of the thirteen principles described in this book.
This astounding description of the power of an idea was dramatically told by John Lowell, in the New York World-Telegram; it has been reprinted here with his permission.
Building Up To Greatness
I’ll have to ask you to be patient for just a post or two as we and Hill build up to this great story of unparalleled success. While you wait, put some thought to those points made here today—that the best of successes is born from just a thought, and that an enacted plan, backed with the right mix of faith, persistence, and desire, can become a historically great endeavour. All you need to plant the seed for your own great history of success is to have the faith that just one solitary idea can turn the tide for you.
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