In the 2015 musical Hamilton, Alexander Hamilton is honored for advancing his career by “working a lot harder, being a lot smarter and being an entrepreneur”. On a 2016 episode of Saturday Night Live, Benjamin Franklin was featured as a fictional character invited to his first Thanksgiving dinner. And in 2018, a character on the Netflix original Set It Up evaluates his finances in an upscale restaurant and says, “I’m not a Rockefeller.”
There’s a reason these three men of power are still mentioned hundreds of years after their time in theater, television, and film: they were legends of wealth, philanthropy, and business. Whether you’re a top CEO seeking advice from the greats or an entrepreneur looking for motivation and inspiration, here are 6 famous people and some of their best business advice.
“My goal is to reflect on the degrading state of an employee or his co-workers that my assets do me to, and the riskIvoluntarily raising my life, if not my character, my position … I want to pave the way for the future. “
– –Alexander Hamilton in a letter from 1769.
Hamilton was born poor on an island in Carine and wrote this letter at the age of 12 while dreaming of something much bigger for himself and his career. A hurricane destroyed his home when he was 17, and this orphan, who was a minister at the time, wrote a report about the disaster in the local newspaper. Local salespeople recognized his talent and sent him to North America for instruction. Hamilton would later become the founding father and advocate of the American economic system, but it all started with big dreams and almost incomparable determination. Hamilton envisioned “paving the way for the future,” and that kind of steely determination is invaluable in any business.
“”[I[Yo[ICH[Yo]] I only kept the htoa bit of expressing myself in tandIn relation to modest suspicion, I never use the words “no doubt,” “no doubt,” or any other that gives optimism to an opinion when moving forward in something that can be discussed. but mtoyes good digo: ‘I admit or learn that something is so and so’; “It seems to meI“or” dutyIso thinking about ití and sofor this or that reason “; or ‘I imagine it that wayi ‘; or ‘it is so, If I am not wrong’. This htobito, i think it was of great benefit to meI “”.
– Benjamin Frankling in his autobiography from 1789.
Benjamin Franklin was one of America’s Founding Fathers and author of The Way to Wealth, but he was also a noted inventor and known to the world as the father of electricity. He attributes much of his success to being a voracious reader who was so hungry for knowledge that he kept awake to new books. He loved to debate too, so he used to never use absolute terms unless he was talking about something he was completely sure of and instead used phrases like “I think …”, “I would think … “,” I imagine … “And” if I’m not mistaken. “Franklin said that it is extremely important to speak this way because if you speak decisively and are mistaken, others would not correct you which means they would not learn anything. This intention in the language is crucial for any person who is significant in business, especially in meetings, agreements and interviews. Careful and careful speaking is a mark of intelligence as very few Things in life are completely true.
“We have brought together thousands of operators in the ftoBrica and in the mine, about which the boss may know little or nothing and for whom he is little more than a myth. All relationships between them are ended. The boxes rIGidas are formed and, as usual, mutual ignorance creates mutual distrust. Each caste does not and is not sympathetic to the otherto willing to appreciate something derogatory … There is often friction between the boss and the employee, between capital and work, between rich and poor. “.
Andrew Carnegie in his 1989 book
In his Gospel of Wealth, Carnegie explained why he would donate a portion of his income (nearly $ 350 million in 1889) to universities, bookstores, and other organizations. But in this paragraph the steel tycoon, business leader and philanthropist talks about the dark side of capitalism. While Carnegie continues to talk about how the benefits of competition outweigh the negatives, he admits that the difference between jobs and bosses (and between the working and upper classes) is significant. Any successful manager would do well to notice this and use their influence to turn this idea on its head and remain relatively accessible to both their employees and customers.
John D. Rockefeller
“The crIA deliberate, sober, and fair ethic is always valuable and should be welcomed by anyone looking to move forward. I’ve received all of the negative criticism that touched me, but I can say that nothing made me bitter or made me resentful. Nor do I want to criticize those whose conscious judgment, frankly, is different from mine.
No matter whattoLoud are the pessimists, we know that the world isto constantly improve and rtoquickly, and that’s a good thing to remember in our moments of depression or humiliation.n “”.
– John D. Rockefeller in his 1909 book.
Rockefeller was an oil tycoon, noted businessman, and philanthropist, and a permanent part of his legacy was his statue as one of the richest men in history and America’s first multimillionaire. In 1918, its value was $ 1.2 billion, which is about $ 217 billion today. But Rockefeller didn’t build his Standard Oil empire out of concern for its critics. Instead, he took criticism into account and catapulted it toward his goals, fighting to keep “negative criticism” from robbing him of his time or energy. Any business leader would do well to listen to all kinds of advice without getting lost or deviating from your goals. That said, take the advice of other droppers.
Mrs. C. J. Walker
“”I am a woman who came from the cotton fieldsn from the south. I’ve been promotedfrom thereI into the washing tub. Then I was promoted to and from the kitchenI I promoted myself into hair product manufacturing … I built my own ftoDIY on my own soil “.
– Madam C.J. Walker in a speech he gave in 1912
Madam C.J. is famous for being the first woman to become a millionaire on her own. Walker (née Sarah Breedlove) made her fortune with her successful line of hair products for black women. The hair care system he developed, which used a combination of lotions with iron combs, became known as the Walker System, and his self-promotion talent earned him the loyalty of his customers and door-to-door saleswomen. But Walker’s lineage of being the first child born free to parents who were just freed after becoming slaves meant she had to work a lot harder to build her business, starting with just $ 1.50 in capital. “Girls and women of our race shouldn’t be afraid to start a business. When patient with the industry, they are knowledgeable about business and are determined in their endeavors and business application to succeed in a wide variety of business opportunities. He’s waiting for you on the other side of the door, ”he said in the same speech.
“Power and machines, money and goods are orOnly useful if they let us live. They are just a means to an end. For example, I am not looking at the mtowho bear my name like metoKinas. If that was all there wasIwantIsomething mtos. I take it as concrete evidence for the development of a theoryIa business that i hope is something mtoI know a theoryIto business, however a theoryIwho tries to make this world a better place to live “.
– Henry Ford in his 1922 book
Ford was a business tycoon, a mass production innovator, and a founder of the Ford Motor Company. The Model T Ford is known for providing accessible cars to everyday consumers, considering that 15 million cars were sold between 1908 and 1927. While Ford was remarkably wealthy (his $ 100 million fortune in 1918 would be worth $ 1.8 billion today), he felt it was important to convey that money is only a means to freedom, and that it is outside of that end lies that means nothing. And he felt a bit the same about the rest of the stores, and he believed that any business had to be about “making this world a better place to live”. Leveraging this value could help any business leader drive their long-term success.