Saturday, January 4, 2014

Digging for the Good

Andrew Carnegie was one of the richest men in the world at the beginning of the 20th century. He made his millions with keen business acumen and a sharp eye for developing the skill and effectiveness of the people around him. In fact, at one point, he had 43 millionaires working for his companies -- an unheard of occurrence back then. Depending on what index you look at, one million dollars in 1910 is the equivalent of between $25,000,000 (using the consumer price index) and $481,000,000 (as a percent of the US gross domestic product)!

Carnegie was once asked by reporter how he managed to hire 43 millionaires. He responded that none of them were millionaires when he hired them but observed that, "You develop millionaires the way you mine gold. You expect to move tons of dirt to find an ounce of gold, but you don't go into the mine looking for the dirt—you go in looking for the gold."

How often have we seen the "dirt" in other people and assumed that was all there was? How often do we stop digging and move on? Strip mining for gold creates holes in the earth thousands of feet wide and hundreds of feet deep using equipment larger than houses. Our personal gold digging landscape may look only like a sea of gopher holes in the grass.

The difference between the holes is belief. Gold miners dig broad and deep because they know gold is there. If it's easy to see potential gold in someone, we tend to dig deeper too. However, look for the gold in everyone, and not just the easy-to-see stuff. Invest and get digging!

 

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