4min chapter

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#54 The Epic Life of Cornelius Vanderbilt

Founders

CHAPTER

The Importance of Frugality in Business

Cornelius Vanderbilt was a man of frugality. He would always spend ever since his kids spend less than he earns keep his keep his expenses at the absolute minimum I don't know if Rockefeller learned it from him or he was just out like so his life but it's a huge strategic advantage to be extremely frugal in your business even when you're making tons and tons of money that is an advantage that can't be overstated because it's so counter to human nature and so this is another example of f budgeting wins. Cornelius had gone ahead after one of his boats caught in the currents of hell's gate, exploded in his face and he had gone ahead with

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