•
Work for a cause, not for applause.
• Live life to express not to impress.
• Do not strive to make your presence noticed, just make your
absence felt
Has
the water entered my ship?
In
1923, nine of the wealthiest people in the world met at Chicago's
Edgewater Beach Hotel. Their combined wealth, it is estimated, exceeded
the wealth of the Government of the United States at that time.
These
men certainly knew how to make a living and accumulate wealth. Attending
the meeting were the following men:
1.
The President of the largest steel company,
2. The President of the largest utility company,
3. The President of the largest gas company,
4. The President of the New York Stock Exchange,
5. The President of the Bank of International Settlements,
6. The greatest wheat speculator,
7. The greatest bear on Wall Street,
8. A member of President Harding's cabinet,
9. The head of the World's greatest monopoly.
That's
a pretty impressive line-up of people by anyone's yardstick. Yet,
let’s examine what happened to them 25 years later:
1.
The President of the then largest steel company (Bethlehem Steel
Corp), Charles M Schwab lived on borrowed capital for five years
before he died bankrupt.
2. The President of the largest utility company, Samuel Insull,
died penniless!
3. The President of the then largest gas company, Howard Hubson,
went insane.
4. The then President of the New York Stock Exchange, Richard Whitney,
was sent to jail.
5. The President of the Bank of International Settlement, Leon Fraser,
committed suicide.
6. One of the greatest commodity traders (Wheat Speculator), Arthur
Cutten, died insolvent.
7. The greatest “bear” on Wall Street, Jesse Livermore
committed suicide.
8. The member of the US President’s Cabinet (the member of
President Harding's cabinet), Albert Fall, was pardoned from jail
just to be able to go home and die in peace.
9. The President of the then world’s greatest monopoly, Ivar
Krueger, committed suicide.
What
they forgot was how to "make" life while they got busy
making money!
Money
in itself is not evil. It is only a medium of exchange. We need
two kinds of education. One that teaches us how to make a living
and the second how to live.
Many
of us get so engrossed in professional life that we neglect our
family, health, social responsibilities. And when asked why we do
it, we would reply "For our family".
However,
our kids are sleeping when we leave home. They are sleeping when
we come home! 25years later, we’ll turn back and they’ll
be gone to pursue their own dreams and lives.
Take
a Lesson from a Ship:
Without
water, a ship cannot move. It needs water but if the water gets
into the ship, it will face existential problem. What was a “means
of living” becomes a “means of destruction”.
Similarly,
we live in time where earning is a necessity but let not the earning
enter our hearts. For what was once a means of living will surely
become a means of destruction for us as well!
So
take a moment to ask yourself: “Has the water entered my ship?” |