In The Race For Success, Speed Is

Jealousy Is An Inner Consciousness Of One's Own Inferiority. It Is A Mental Cancer.

When You Delve Deep Enough, You Find That Practically Every Great Fortune And Great Enterprise In America Have Sprung From The Courageous Enterprise Of Some Individual. It Was Commodore Vanderbilt's Enterprise In Switching First From Running A Ferryboat To Running Other Ships, And Then, When He Was Well Along In Years, His Enterprise In Switching Into Railroading, That Created What Was To Become One Of The Most Notable Fortunes In The History Of The World.

The More I Move Among Workers And Factories And Other Plants, The Stronger I Become Convinced That It Is Advisable To Have As [a Company] President A Practical Man, Preferably One Who Has Risen From The Very Bottom Of The Ladder. Workmen, I Find, Have Far More Respect For Such Men Than For Collar-and-cuff Executives Knowing Little Or Nothing About The Different Kinds Of Work Which Have To Be Done By The Workers. Wherever Circumstances Call For Placing A Financier Or Lawyer Or A Papa's Son At The Head Of A Large Organization, He Should Be Made Chairman Or Some Other Title, But Not President.

For My Part, I Rather Distrust Men Or Concerns That Rise Up With The Speed Of Rockets. Sudden Rises Are Sometimes Followed By Equally Sudden Falls. I Have Most Faith In The Individual Or Enterprise That Advances Step By Step. A Mushroom Can Spring Up In A Day; An Oak Takes 50 Years Or More To Reach Maturity. Mushrooms Don't Last; Oaks Do. The Real Cause For An Enormous Number Of Business Failures Is Premature Over-expansion, Attempting To Gallop Before Learning To Creep. Sudden Successes Often Invite Sudden Reverses.

If The United States Is To Produce A Nation Of Investors-as We Must If We Are To Gain Financial World-leadership-it Is Imperative That Boards Of Directors Be So Constituted As To Adequately Represent The Interests And Inspire The Complete Confidence Of Investors Of Moderate Substance.