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Who Was Andrew Carnegie As An Entrepreneur

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Andrew Carnegie, Entrepreneur and Businessman

“Real generosity toward the future lies in giving all to the present.” This quote by Albert Camus represents the core of Andrew Carnegie. Though he is often identified as the greatest entrepreneur of the 20th century and one of the most ruthless businessmen in history, Andrew Carnegie was also blessed with a generous heart, which is most revealed by the fact that he gave away almost 90% of his wealth. Like everything though, Carnegie had to begin somewhere. That somewhere was Scotland. Born on November 25, 1835 in Dunfermline, Scotland to William and Margret Carnegie, Andrew’s childhood began as a simple one. His father was a weaver in Dunerfermline and, although successful, his earnings allowed his family to live a basic but comfortable life. William hoped to pass down his trade to Andrew when he came to age, so he began to expand his business in anticipation of the additional labor, but this dream was not to be. …show more content…

The power loom was brought to Dunfermline, shortly following Andrew’s birth, and William lost all of his business to the identical machine produced products that were cheaper and more readily available. Because he was only skilled in a single craft, William could no longer find work to put food on the table. Andrew always remembered this one flaw in his father and set out to make sure he did not plummet to the same fate, living by the motto that “those unable to control their fortunes can be set adrift in the

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