Fundamentally, the basis of all modern progress is the efficiency of labor. And the only sure road to restored prosperity is through the thrift and hard work of our people as a whole.
Charles M. SchwabRead
To my mind, the best investment a young man starting out in business can possibly make is to give all his time, all his energies, to work - just plain, hard work.
Interpretation
What this quote means
Hard work is the most valuable investment for a young entrepreneur.
In this quote, Charles M. Schwab emphasizes the importance of dedicating one's time and energy to hard work, especially for young individuals embarking on a business career. He suggests that fully committing to work is the key to achieving success and building a strong foundation in business.
Themes
Hard WorkInvestmentSuccessBusinessCommitment
In practice
Example use cases
During a motivational speech for aspiring entrepreneurs.
More from Charles M. Schwab
All quotes →We hear much of Bolshevism, much of labor unrest; at times, we hear the word 'revolution.' But these are but contagious diseases in the body of civilization, and I believe that the antitoxins of good cheer, mutual confidence, fairness and justice will ultimately cure these ills and make the world healthy and strong again.
Charles M. SchwabRead
Lead the life that will make you kindly and friendly to everyone about you, and you will be surprised what a happy life you will lead.
Charles M. SchwabRead
There is nothing a worker resents more than to see some man taking his job. A factory can be closed down, its chimneys smokeless, waiting for the worker to come back to his job, and all will be peaceful. But the moment workers are imported, and the striker sees his own place usurped, there is bound to be trouble.
Charles M. SchwabRead
A man to carry on a successful business must have imagination. He must see things as in a vision, a dream of the whole thing.
Charles M. SchwabRead
When a man has put a limit on what he will do, he has put a limit on what he can do.
Charles M. SchwabRead
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