John D. Rockefeller's 'Richest Man In America'

If the founders of American industry never believed bigger risks always lead to bigger rewards, they may have never taken the risks they did. Without these risks taken by three determined men, along with other founders of American industry, America would be different than it is today. John D. Rockefeller, Andrew Carnegie, and Henry Ford were three men who believed that the bigger the risk, the bigger the reward.

John D. Rockefeller believed bigger risks lead to bigger rewards. The title of the “Richest Man in America” was very important to Rockefeller, but he knew that there was no way to receive this title with the competitiveness of the oil industry. To receive this title, Rockefeller took a big risk hopping the big risk would lead to a

In the 1860s, Carnegie left the railroad and became a KeyStone Bridge Company partner. After a little while, Carnegie realized that bridges made of iron were much stronger than what the bridges were made of at the time: wood. Once identifying this, Carnegie began to invest in iron production. Eventually, the Eads Bridge was built, receiving the title of the world’s first bridge made of steel. At first, people were doubtful about the bridge and would not walk across it. To prove that it was safe, Carnegie walked across the bridge with an elephant. Because of this, the people’s doubts about the bridge went away, and they began to use

If John D. Rockefeller never took the big risk of creating a monopoly, he may have been pasted by competitors not only in the oil industry, but also other industries, and perhaps never have had the title as the richest man in America. Similarly, if Andrew Carnegie, never took the risk of investing in iron, he may have never been involved in the building of the world’s first steel bridge. In addition, if he didn't prove to the people that the bridge was safe by being the first to walk across it (along with the elephant), people may have had always doubted the safety of the bridge. Lastly, without Henry Ford’s risk to race the fasted driver in America, Ford may have never made a name for himself allowing him to start his own company, and cars may have not evolved into what they are today. Thankfully these three founders of American industry all took these risks, because if they hadn’t, America may have never developed in the same way it