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Business Quote by Andrew Carnegie

“The sound rule in busi­ness is that you may give money freely when you have a sur­plus, but your name never-nei­ther as en­dorser nor as mem­ber of a cor­po­ra­tion with in­di­vid­ual li­a­bil­ity” quote by Andrew Carnegie
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“The sound rule in busi­ness is that you may give money freely when you have a sur­plus, but your name never-nei­ther as en­dorser nor as mem­ber of a cor­po­ra­tion with in­di­vid­ual li­a­bil­ity”

Andrew Carnegie

About This Quote

Source Speech: The World’s Columbian Exposition, 1893

We should share wealth when abundant, but avoid personal liability or endorsement in corporate matters.

In simple terms: Give surplus money, but don’t become personally liable.

Key Takeaway

Share generosity, protect yourself.

Themes

generosity risk management corporate ethics

Mood

cautious thoughtful

Type

ethical practical

When to use this quote

  • donations
  • investment decisions
  • business partnerships
  • charitable foundations

Key Concepts

limited liability philanthropy reputation management

Questions to Reflect On

  • How do you balance generosity with personal risk?
  • When should you decline corporate endorsement?
A Different Perspective

May limit personal involvement and reduce influence.

4.5 out of 5 (10 ratings)

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