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In any case, Schwab once again demonstrated his capacities; as always, whenever he felt sufficiently motivated, either by intellectual curiosity or by the hope of promotion, he would plunge into any subject, however unfamiliar, and master it. Years later, Schwab recalled: You would be surprised at the variety of things I studied in those days. I even took up shorthand, and later came to know Pitman very well. I didn't take up shorthand with any idea of becoming a professional at it. It merely appeared to me to be a good thing to know-something that might come in handy .
16 On October 18, Schwab left Braddock for Homestead. He had tried to decline the assignment because he enjoyed his pOsition at Braddock, but Frick induced him to go by persuading Carnegie to give Schwab his first ownership interest in the Carnegie Steel Company, one-third of I per cent. "I hope," wrote Frick, "it will prove as profitable to you in the future as such interests have been to others in the past. " 17 Success and Scandal In the fall of 1892 Carnegie had one great desire-that "Homestead" be erased from public consciousness.
Schwab later told of his own reaction: "I Steel Titan was surprised, flattered, and asked him about the contract. " Schwab tentatively accepted, but the deal fell through when Keene would not agree to Schwab's proposal that his assistants also receive large salaries. 43 Carnegie was pleased; now his two major steel works were under the direction of the most capable steelmen in America: Jones at Braddock and Schwab at Homestead. But this arrangement ended abruptly in September 1889. One evening a furnace at Braddock jammed, and its contents could not be released.
10 Rules For Success In Small Business And Entrepreneurship