Page 4 - The Notice Board NOVEMBER 2020 edition 64
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Page 4
                                                                                                November, 2020
                       What is Something that almost nobody
                       knows about ENTREPRENEURSHIP?

                                           Mr.  Scott  later  became                 proven over and over
                                           Carnegie's  mentor,  which                again  in  history  that
                                           lasted  until  1878,  when  Scott         this is true.
                                           suffered a stroke that limited  ·            College  teaches
                                           his  ability  to  work.  Despite          what has been done in
                                           this  layoff  in  interaction,  the       the  past,  not  what
                                           relationship  through  the                hasn't.  Entrepreneurs
               his  is  Mr.  Andrew
                                           previous  years  changed                  look  forward.  They
               Carnegie,  once  the
                                           Carnegie's future.                        observe  the  world
       Trichest  man  in  the
                                           The experience gained working             around  them  and
       world. He arrived in America
                                           closely  to  Scott  was  a  vital         anticipate  market
       with  no  money  and  with  no
       formal higher education. His        ingredient in his extraordinary           trends.
                                           success  in  the  steel  industry.     ·     T h e   y e a r s   a n d
       parents decided to move the
                                           Selling  his  company  to  JP             money  people  spend
       Carnegie family to the United
                                           Morgan  would  later  make                “writing  papers”
       States  in  1848  after  a  famine
                                           Carnegie the wealthiest man in            c o u l d   b e   s p e n t
       hit  the  Scottish  countryside.
                                           the world and the extraordinary
       When he arrived in America                                                    creating and starting a
                                           philanthropist he later became.
       at thirteen years old, he found                                               s m a l l   b u s i n e s s .
                                           Now,  to  answer  your  question,
       a job that would pay him $1.20                                                People  learn  much
                                           what  is  something  that  almost
       for a 70-hour week.                                                           more during one year
                                           n o b o d y   k n o w s   a b o u t
       During his free time, Carnegie                                                in  the  startup  world
                                           entrepreneurship?
       read  books  loaned  to  him                                                  than  the  whole  four
                                           This is culinary school. It's very
       from one of the local libraries.                                              years in college. Also,
                                           “similar”  to  Mr.  Andrew
       (Later in his life, he never forgot                                           chances are, it will be
                                           Carnegie's classroom.
       how important these books were      How is it similar? Chefs learn
       to  his  life,  so  he  donated  his
       money  to  building  over  2,500
       public  libraries  and  important
       educational  institutions  around
       the world.)
       When Carnegie was about 18
       years  old,  Thomas  Scott,  the
       owner  of  the  Pennsylvania
                                                                                     cheaper.
       R a i l r o a d   C o m p a n y ,
                                                                                  ·     “But  starting  a
       employed him as a telegraph
                                           by  doing.  They  test  and               b u s i n e s s   w o n ' t
       operator  at  a  salary  of  $4.00
                                           practice.  They  burn  food,  and         g u a r a n t e e   a n y
       per week.
                                           try again, and again, and again.          success!”  True.  Does
       By age 24, Mr. Scott saw great
                                           T h e y   s o m e t i m e s   c u t       any  college  guarantee
       potential  in  the  young
                                           themselves,  often  it  happens           you a job, or give you
       Carnegie, and asked him if he       again and again.                          your  money  back?
       c o u l d   h a n d l e   b e i n g    People  may  know  this,  but          No!  They  take  your
       superintendent  of  a  division
                                           hesitate to believe that … :              money and run!
       of the Pennsylvania Railroad
                                            ·     A  college  degree  is          ·     Many  people  think
       Company.  He  took  the  role,
                                                not needed to become a               that  they  need  an
       and his relationship with Mr.
                                                s u c c e s s f u l                  M B A   t o   b e   a
       Scott grew stronger.
                                                entrepreneur. It's been              successful
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