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Charles Schwab Quotes

in Mindset

Charles Robert Schwab

Charles Schwab quotes: the billionaire’s best on enthusiasm, investing, leading, succeeding, and more.

“One can succeed at almost anything for which he has enthusiasm.”

“The hardest struggle of all is to be something different from what the average man is.”

“Nothing is more fatal to success than taking one’s job as a matter of course.”

“You’ve got to take the road you need to take, and only you can make that calculation.  Not your dad, not your friend.  You have to take it if you feel it instinctively.”

“Passion is the great slayer of adversity.  Focus on strengths and what you enjoy.”

“You’ve got to start with your gut, with something you are really passionate about, for a good reason.  You won’t get there by sitting in a closet and thinking, ‘Boy I know the world must want this.'”

“A man, to carry on a successful business, must have imagination.  He must see things as a vision, a dream of the whole thing.”

“Bare hands grip success better than kid gloves.”

“The man who has done less than his best has done nothing.”

“Lead the life that will make you kindly and friendly to everyone about you, and you will be surprised what a happy life you will lead.”

“Everyone’s got it in him, if he’ll only make up his mind and stick at it.  None of us is born with a stop-valve on his powers or with a set limit to his capacities.  There’s no limit possible to the expansion of each one of us.”

“The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.”

“The best place to succeed is where you are with what you’ve got.”

“It may be in seemingly unimportant things that a man expresses his passion for perfection, yet they will count heavily in the long run.”

“When a man has put a limit on what he will do, he has put a limit on what he can do.”

“The man who trims himself to suit everybody will soon whittle himself away.”

“Don’t limit investing to the financial world.  Invest something of yourself, and you will be richly rewarded.”

“We are all salesmen every day of our lives.  We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact.”

“I quickly learned that if I kept at it and plowed right through the rejections I would eventually get somebody to buy my wares.”

“The way to get things done is to stimulate competition.  I do not mean in a sordid, money-getting way, but in the desire to excel.”

“I’m sure luck helps every successful entrepreneur.  But it doesn’t come without a lot of preparation and hard work.”

“At the end of every day, having a clientele that speaks well of you, that’s the largest source of business.  I don’t care what kind of business you’re in.  Clients referring us to their friends or relatives is so much more powerful than any advertising we could ever do.”

“It’s fun to play around.  It’s human nature to try to select the right horse.  But for the average person, I’m more of an indexer.  The predictability is so high.  For 10, 15, 20 years you’ll be in the 85th percentile of performance.  Why would you screw it up?”

“Kindness is more powerful than compulsion.”

“I consider my ability to arouse enthusiasm among men the greatest asset I possess.  The way to develop the best that is in a man is by appreciation and encouragement.”

“Three men were laying brick.  The first was asked: ‘What are you doing?’  He answered: ‘Laying some brick.’  The second man was asked: ‘What are you working for?’  He answered: ‘Five dollars a day.’  The third man was asked: ‘What are you doing?’  He answered: ‘I am helping to build a great cathedral.’  Which man are you?”

“There is nothing else that so kills the ambitions of a person as criticisms from superiors.  I never criticize anyone.  I believe in giving a person incentive to work.  So I am anxious to praise but loath to find fault.  I have yet to find a person, however great or exalted his station, who did not do better work and put forth greater effort under a spirit of approval than he would ever do under a spirit of criticism.”

“All successful employers are stalking men who will do the unusual, men who think, men who attract attention by performing more than is expected of them.”

“I have always felt that the surest way to qualify for the job just ahead is to work a little harder than any one else on the job one is holding down.”

“I like to think in terms of giving people an understanding of why they should have the same passion as I do – why their life has purpose working here and why they should believe as much as I believe.  I want them to seek a higher level of satisfaction above just making a salary.”

“If more persons would get so enthused over their day’s work that some one would have to remind them to go out to lunch there would be more happiness in the world and less indigestion.”

“The nasty little secret was that I couldn’t read worth a darn.  In my case, I still read very slowly to this moment.”

“I couldn’t read.  I just scraped by.  My solution back then was to read classic comic books because I could figure them out from the context of the pictures.  Now I listen to books on tape.”

“I did all kinds of things as a young person to try to make money.  I had a chicken operation – I sold chickens.  I can remember going to high school football games as a 10 year old and gathering Coca-Cola bottles, ‘cuz you’d turn them in and get a nickel.  I wanted not to remain idle.”

“I did as much as I could: raising chickens, pushing an ice-cream cart, bagging walnuts, driving a tractor on a beet farm, working on the railroad.  I think this eclectic career helped me a lot in life.”

“I was about 13 when I started thinking about the stock market.  My dad helped me a little bit.  I’d see it in the Santa Barbara News-Press.  These prices would change every day – what was that all about?”

“I bought all the books, but I probably knew on the first day that law school wasn’t for me.  I didn’t give up until about 10 days.  I don’t think I really told my father.  I really didn’t like my father knowing my things were not successful.”

“I am like a chef.  I like to taste the food.  If it tastes bad, I don’t serve it.  I’m constantly monitoring what we do, and I’m always looking for better ways we can provide financial services, ways that would make me happy if I were a client.”

“Many times I can see a solution to something differently and quicker than other people.  I see the end zone and say, ‘This is where I want to go.'”

“The fact that I was out here and scrambling around as a little entrepreneur with no resources was fortuitous.  I wasn’t encumbered by those old guys telling me what to do.”

“There was a guy by the name of Charles Schwab.  Actually, Charles M. Schwab.  I read a lot about him, and I always hoped I was related, but I wasn’t.  He was a steel magnate.  He worked for J. P. Morgan; then he started Bethlehem Steel.  But he had no children, unfortunately, and it turned out I wasn’t a relative.”

“I was once asked if a big business man ever reached his objective.  I replied that if a man ever reached his objective he was not a big business man.”

“If there’s not enough money in the bank account, you don’t spend it.”

“Just because a stock is down doesn’t mean it’s a great buy.”

“Sometimes my mistake has been hesitancy about acting on the decisions I’ve made.  When’s the best time to invest?  It’s today, not tomorrow.”

“I never knew the word ‘billion’ when I was a kid.”

“I use the word ‘passion’ a lot when I talk to young people.  In every pursuit I’ve been on, I’ve had a lot of passion behind it.  It continues to motivate me every day on what I like to do and where I’m going.”

“I feel good every day about helping people invest; helping them achieve financial independence.”

Related quotes you might like: Michael Bloomberg’s.

About the author: Cory Johnson likes hip-hop, comedy, cold beer, curvy women and writing. His net worth is $11 million. Here’s how he did it.

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