The Young Man in Business
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The Young Man in Business - Edward William Bok
The Project Gutenberg EBook of The Young Man in Business, by Edward W. Bok
This eBook is for the use of anyone anywhere at no cost and with
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Title: The Young Man in Business
Author: Edward W. Bok
Release Date: March 3, 2010 [EBook #31494]
Language: English
*** START OF THIS PROJECT GUTENBERG EBOOK THE YOUNG MAN IN BUSINESS ***
Produced by Chuck Greif (from files available at www.archive.org)
THE YOUNG MAN IN BUSINESS
The Day's Work Series
THE YOUNG MAN
IN BUSINESS
BY
EDWARD BOK
BOSTON
L. C. PAGE & COMPANY
MDCCCC
Copyright, 1900
By Edward Bok.
All rights reserved
Colonial press
Electrotyped and Printed by C. H. Simonds & Co.
Boston, U. S. A.
THE YOUNG MAN IN BUSINESS.
A
well-known
New York millionaire gave it as his opinion not long ago that any young man possessing a good constitution and a fair degree of intelligence might acquire riches. The statement was criticised—literally picked to pieces—and finally adjudged as being extravagant. The figures then came out, gathered by a careful statistician, that of the young men in business in New York City, sixty per cent, were earning less than $1,000 per year, only twenty per cent, had an income of $2,000, and barely five per cent, commanded salaries in excess of the latter figure. The great majority of young men in New York City—that is, between the ages of twenty-three and thirty—were earning less than twenty dollars per week. On the basis, therefore, that a young man must be established in his life-profession by his thirtieth year, it can hardly be said that the average New York young man in business is successful. Of course, this is measured entirely from the standpoint of income. It is true that a young man may not, in every case, receive the salary his services merit, but, as a general rule, his income is a pretty accurate indication of his capacity.
Now, as every young man naturally desires to make a business success, it is plain from the above statement that something is lacking; either the opportunities, or the capabilities in the young men themselves. No one conversant with the business life of any of our large cities can, it seems to me, even for a single moment, doubt the existence of good chances for young men. Take any large city as a fair example: New York, Boston, Philadelphia, or Chicago, and in each instance there exist more opportunities than there are young men capable of embracing them. The demand is far in excess of the supply. Positions of trust are constantly going begging for the right kind of young men to