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through the experience of men and women in every calling.
He believed the formula should be taught in all public schools and colleges, and
expressed the opinion that if it were properly taught it would so revolutionize the
entire educational system that the time spent in school could be reduced to less
His experience with Charles M. Schwab, and other young men of Mr. Schwab’s
type, convinced Mr. Carnegie that much of that which is taught in the schools is
of no value whatsoever in connection with the business of earning a living or accumulating riches. He had arrived at this decision, because he had taken into his
business one young man after another, many of them with but little schooling,
and by coaching them in the use of this formula, developed in them rare leadership. Moreover, his coaching made fortunes for everyone of them who followed
his instructions. In the chapter on Faith, you will read the astounding story of
the organization of the giant United States Steel Corporation, as it was conceived
and carried out by one of the young men through whom Mr. Carnegie proved that 3 NAPOLEON HILL THINK AND GROW RICH his formula will work for all who are ready for it. This single application of the
secret, by that young man-Charles M. Schwab-made him a huge fortune in both
money and OPPORTUNITY. Roughly speaking, this particular application of the
formula was worth six hundred million dollars. These facts-and they are facts
well known to almost everyone who knew Mr. Carnegie-give you a fair idea of
what the reading of this book may bring to you, provided you KNOW WHAT IT
IS THAT YOU WANT.
Even before it had undergone twenty years of practical testing, the secret was
passed on to more than one hundred thousand men and women who have used it
for their personal beneﬁt, as Mr. Carnegie planned that they should. Some have
made fortunes with it. Others have used it successfully in creating harmony in
their homes. A clergyman used it so effectively that it brought him an income of
upwards of $75,000.00 a year.
Arthur Nash, a Cincinnati tailor, used his near-bankrupt business as a “guinea
pig” on which to test the formula. The business came to life and made a fortune
for its owners. It is still thriving, although Mr. Nash has gone. The experiment
was so unique that newspapers and magazines, gave it more than a million dollars’ worth of laudatory publicity.
The secret was passed on to Stuart Austin Wier, of Dallas, Texas. He was ready for
it-so ready that he gave up his profession and studied law. Did he succeed? That
story is told too.
I gave the secret to Jennings Randolph, the day he graduated from College, and
he has used it so successfully that he is now serving his third term as a Member
of Congress, with an excellent opportunity to keep on using it until it carries him
to the White House.
While serving as Advertising Manager of the La-Salle Extension University, when
it was little more than a name, I had the privilege of seeing J. G. Chapline, President of the University, use the formula so effectively that he has si...
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This note was uploaded on 11/13/2012 for the course ACCOUNTING 225 taught by Professor Austin during the Spring '12 term at American.
- Spring '12