Scientific American, Volume XLIII., No. 25, December 18, 1880: A Weekly Journal of Practical Information, Art, Science,; Mechanics, Chemistry, and Manufactures. — John Shaqi
Scientific American, Volume XLIII., No. 25, December 18, 1880: A Weekly Journal of Practical Information, Art, Science,; Mechanics, Chemistry, and Manufactures.Various
Science
Scientific American, Volume XLIII., No. 25, December 18, 1880: A Weekly Journal of Practical Information, Art, Science,; Mechanics, Chemistry, and Manufactures.
Various
Science -- Periodicals; Technology -- Periodicals
financial affairs are potent factors in securing success.
How different, for example, would have been the history of our great
inventors had they all possessed that knowledge of business affairs
which would have enabled them to put their inventions in a business like
way before the world, or before the capitalists whose assistance they
wished to invoke. The history of invention is full of illustrations of
men who have starved with valuable patents standing in their
names--patents which have proved the basis of large fortunes to those
who were competent to develop the wealth that was in them. How often,
too, do we see capable and ingenious and skillful mechanics confined
through life to a small shop, or to a subordinate position in a large
shop, solely through their inability to manage the affairs of a larger
business. On the other hand, it is no uncommon thing to see what might
be a profitable business--which has been fairly thrust upon a lucky
inventor or manufacturer by the urgency of popular needs--fail
disastrously through ignorance of business methods and inability to
conduct properly the larger affairs which fell to the owner's hand.
Of course a business training is not the only condition of success in
life. Many have it and fail; others begin without it and succeed,
gaining a working knowledge of business affairs through the exigencies
of their own increasing business needs. Nevertheless, in whatever line
in life a man's course may fall, a practical business training will be
no hinderance to him, while the lack of it may be a serious hinderance.
The school of experience is by no means to be despised. To many it is
the only school available. But unhappily its teachings are apt to come
too late, and often they are fatally expensive. Whoever can attain the
needed knowledge in a quicker and cheaper way will obviously do well so
to obtain it; and the supplying of such practical knowledge, and the
training which may largely take the place of experience in actual
business, is the proper function of the true business college.
Our purpose in this writing, however, was not so much to enlarge upon
the utility of business colleges, properly so called, as to describe the
practical working of a representative institution, choosing for the
purpose Packard's Business College in this city.
Public-domain text, read in full here on John Shaqi.
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