The Project Gutenberg EBook of The Young Man in Business, by Edward W. Bok

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Title: The Young Man in Business

Author: Edward W. Bok

Release Date: March 3, 2010 [EBook #31494]

Language: English

Character set encoding: ASCII

*** START OF THIS PROJECT GUTENBERG EBOOK THE YOUNG MAN IN BUSINESS ***

Produced by Chuck Greif (from files available at www.archive.org)

[Illustration: book-cover

THE YOUNG MAN IN BUSINESS

THE DAY'S WORK SERIES]

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