This essay will argue the contrary. Vanderbilt may be regarded as one American’s greatest businessmen, but he was actually a heartless, evil businessman. Vanderbilt shut down the largest railroad station. Because he shut down the largest railroad, causing a lot of chaos, he shouldn’t be considered a good man. Vanderbilt was a well-known success story. But, most people don’t realize that he began by borrowing 100 dollars from his mother to pilot a passenger boat around an island. He started out with steamboats before building the railroad. However he was not a good worker.
Vanderbilt was well-known as being the most accomplished man. But he got his start by borrowing 100 from his mother. Vanderbilt inherited this characteristic from his mother. He would spend less than he earns and save the difference for later. He was very responsible with his money. He spent and invested wisely, but he also looked for value in every penny he spent. Vanderbilt didn’t take on any debt to grow his empire. He never borrowed any money. He never borrowed money. He didn’t die until the end. His wealth and wealth were never displayed. Vanderbilt made his fortune in steamboats and loaned his money to businessmen. He also bought real estate and stock in private companies. Grand Central Station, one the biggest train stations in the country, was his personal investment. Although he didn’t have a lot of money to start his business, he was selfmade. His healthy habits, which he kept up throughout his life (living below his means) helped him maintain his health. Vanderbilt died with an estate worth approximately $100,000,000. This was in 1877. That was back in 1877. He was a man who let others talk and listened to what others had to say. However, he did not allow criticism to influence his decisions or to effect them. He was also known for being a great judge of character. He valued people of high character. He would fight those who were dishonest, untrustworthy, and he did so with them. Vanderbilt was known for his integrity and honesty. He didn’t want to be held accountable for his words. Vanderbilt is a man who has high integrity. Vanderbilt spent his life building relationships that would allow him to access doors that weren’t closed. He found Thomas Gibbons who was a successful, wealthy individual in the steamboat business and spent his first decade as Gibbons’ employee. Gibbons taught him everything he knew about business and helped to mold him. Gibbons would be his only employer. Vanderbilt realized that to be successful, you have to create a group of disciples who believe in your vision.
Vanderbilt was openly supportive of new technologies, like the steamboat, as well as new business models, such the corporation. Vanderbilt had all his earnings invested in the steamboat and loaned his money to other businessmen. He did not hesitate to take calculated risk. He even took his entire estate to the risk in order to save his Union Trust investment towards the end. Vanderbilt was also a keen competitor. He fought his rivals as if he were at war, cutting fares to make them go out of business. Vanderbilt was never satisfied with his goals. He would find himself in serious financial trouble several times. He was persevering and unrelenting. He started his first business in the late 1820s. He built steamships and operated ferry lines throughout the New York area. By being shrewd, aggressive, he rose to the top of the industry and engaged in fierce farewars with his opponents. His rivals often paid him large sums of money to stop him from competing with him.
