Charles Schwab Livres

CHARLES M. SCHWAB (1862-1939), who became president of Carnegie Steel at age 35, was Andrew Carnegie's right hand man and was also one-time president of U.S. Steel and Bethlehem Steel. This essay, by one of the country's top millionaire businessmen, shares his secrets of success.Schwab had a deep appreciation for the common, dedicated working man and he gave the power to succeed to any employee who was willing to pay the price. Schwab pointed out that he motivated his workers by ?appeal[ing] to the American spirit of conquest in my men, the spirit of doing things better than anyone has ever done them before.??In that time it has been my good fortune to watch most of the present leaders rise from the ranks, ascend step by step to places of power. These men, I am convinced, are not natural prodigies. They won out by using normal brains to think beyond their manifest daily duty.?--CHARLES SCHWAB

"In this deeply personal memoir, Schwab describes his passion to have Main Street participate in the growing economy as investors and owners, not only earners. Schwab opens up about his dyslexia and how he worked around and ultimately embraced it, and about the challenges he faced while starting his fledgling company in the 1970s. A year into his grand experiment in discounted stock trading, living in a small apartment in Sausalito with his wife, Helen, and new baby, he carried a six-figure debt and a pocketful of personal loans. As it turned out, customers flocked to Schwab, leaving his small team scrambling with scarce resources and no road map to manage the company's growth. He recounts the company's game-changing sale to Bank of America - and how, in the end, the merger almost doomed his organization... A remarkable story of a company succeeding by challenging norms and conventions through decades of change, Invested also offers unique insights and lifelong principles for listeners - the values that Schwab has lived and worked by that have made him one of the most successful entrepreneurs of our time."-- Dust jacket flap

The founder and CEO of a powerful brokerage firm shares his in-depth knowledge of the market, helping readers develop investment strategies and goals, and teaching them how to adjust their investment plans based on life changes. Reprint. 60,000 first printing.