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Business genius and hedonist, Charles Schwab entered the steel industry as an unskilled laborer and within twenty years advanced to the presidency of Carnegie Steel. He later became the first president of U.S. Steel and then founder of Bethlehem Steel. His was one of the most spectacular and curious success stories in an era of great industrial giants. How did Schwab progress from day laborer to titan of industry? Why did Andrew Carnegie and J.P. Morgan select him to manage their multmillion-dollar enterprises? And how did he forfeit their confidence and lose the preseidency of U.S. Steel? Drawing upon previously undiscovered sources, Robert hessen answers these questions in the first biography of Schwab.
Charles Schwab was known to his employees, business associates, and competitors as a congenial and charismatic person-a 'born salesman.' Yet Schwab was much more than a salesman-he was a captain of industry, a man who streamlined and economized the production of steel and ran the largest steelmaking conglomerate in the world. A self-made man, he became one of the wealthiest Americans during the Gilded Age, only to die penniless in 1939.Schwab began his career as a stake driver at Andrew Carnegie's Edgar Thomson steel works in Pittsburgh at the age of seventeen. By thirty-five, he was president of Carnegie Steel. In 1901, he helped form the U.S. Steel Corporation, a company that produced well...
This candid essay by one of the nation's leading businessmen originally appeared in American Magazine in November 1916. In it, Charles Schwab, one-time president of Carnegie Steel, U.S. Steel, and Bethlehem Steel, offered his secrets for success. Surprisingly, he didn't believe that genius was required -- he believed in hard work. "For thirty-six years I have been moving among workingmen in what is now the biggest branch of American industry, the steel business," Schwab wrote. "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 no...
The founder and executive chairman of the World Economic Forum on how the impending technological revolution will change our lives We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history. Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see: commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides. In The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.
Advances in Catalysis
"Mr. Schwab is a genius. I have never met his equal." So stated renowned industrialist Andrew Carnegie about Charles M. Schwab, successively the president of Carnegie Steel, U.S. Steel, and Bethlehem Steel. Though an inveterate gambler and womanizer, Schwab held a smile and charisma that got him in and out of multiple adventures. This biography presents the complex legacy of the man Thomas Edison once called the "master hustler," from his start as a stake-driver in the engineering corps to his ascendancy to American steel magnate.
Business genius and hedonist, Charles Schwab entered the steel industry as an unskilled laborer and within twenty years advanced to the presidency of Carnegie Steel. He later became the first president of U.S. Steel and then founder of Bethlehem Steel. His was one of the most spectacular and curious success stories in an era of great industrial giants. How did Schwab progress from day laborer to titan of industry? Why did Andrew Carnegie and J.P. Morgan select him to manage their multmillion-dollar enterprises? And how did he forfeit their confidence and lose the preseidency of U.S. Steel? Drawing upon previously undiscovered sources, Robert Hessen answers these questions in the first biography of Schwab.
Here at last are the hard-to-find answers to the dizzying array of financial questions plaguing those who are age fifty and older. The financial world is more complex than ever, and people are struggling to make sense of it all. If you’re like most people moving into the phase of life where protecting—as well as growing-- assets is paramount, you’re faced with a number of financial puzzles. Maybe you’re struggling to get your kids through college without drawing down your life’s savings. Perhaps you sense your nest egg is at risk and want to move into safer investments. Maybe you’re contemplating downsizing to a smaller home, but aren’t sure of the financial implications. Possi...
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"A surgeon can kill you...and you'll sleep right through it." The most dramatic—and seemingly glamorous—of medical fields, surgery captivates the public's imagination. Written for inquisitive laymen as well as anyone in the medical profession, this fascinating first-person account documents the career of one of America's top surgeons. Readers accompany Sidney Schwab through medical school at Case Western Reserve University; an internship; junior and senior residencies (with a detour to Vietnam, where he won a Purple Heart); and finally his chief residency years in San Francisco. With humor and poignancy—and sometimes graphic detail—Schwab recalls memorable surgeries, surgeons, and patients. He takes care to explain, in understandable and interesting fashion, a variety of diseases, medical issues, and surgical techniques. More than just a memoir, Cutting Remarks offers a compelling look at how trauma and surgery are handled at a major hospital, and provides valuable insight into a surgeon's relationship with both peers and patients.