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”
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.
Share generosity, protect yourself.
Themes
Mood
Type
When to use this quote
- donations
- investment decisions
- business partnerships
- charitable foundations
Key Concepts
Questions to Reflect On
- How do you balance generosity with personal risk?
- When should you decline corporate endorsement?
May limit personal involvement and reduce influence.