How Is Pride Hurting Your Small Business?
Today voters in the United States have the right to elect two senators from each state in an open, free election. That has not always been the case. Until the 17th amendment to the constitution was adopted April 8, 1913, each state legislature simply appointed two people to serve them in the United States senate. The change in the law was largely made because of one man, William A. Clark.
Clark was born in Connellsville, Pennsylvania before traveling to Colorado with a brief stop in Iowa. In Colorado he learned skills in quartz mining and finally traveled to Montana. Once in Montana he made his fortune in banking forcing many mines to declare bankruptcy and repossessed their mining properties. He quickly became one of the richest men in America, tied with John D. Rockefeller.
As Clark became wealthier he was elected to the legislature of Montana. He served as the President of the Constitution Conventions in Montana in 1884 and again in 1888. His fellow legislators elected him to serve them in Washington DC after the death of their current senator. Soon, however, questions began to be asked about his appointment and the Senate launched an investigation. What they found was that Clark had bought the votes that got him to the Senate. In return the Senate refused to allow him to serve. He returned to Montana and was rightfully elected to the Senate in 1901. Mr. Clark remarked that he never liked a man that he could not buy. Mark Twain called the man a miserable example of the American dream. On his death bed, he felt remorse over his life.
This story could end here, but what we do in our lives and with our businesses have long lasting impacts. At the same time that he was rightfully elected to the Senate, he married his second wife. He was 64 at the time and married a young 23 year old girl that had been placed in his custody. He had a daughter whom he named Hauguette Marcelle Clark born in June 1906. Upon his death a large portion of his estate was left to this lady. She owned a mansion in Santa Barbara, California. She owned another home in the South and for years lived in some of the richest real estate in America, an apartment on Fifth Avenue in New York City. Yet, she was not happy in any of them. She was embarrassed by how her family had gotten their money. For the last 20 years of her life, she locked herself away in different hospitals refusing to see anyone but her lawyer and her doctor. She had no need to be in the hospital, and her only companions were a large doll collection. She chose to be so hidden from the world that her room did not even appear on many hospital maps.
When you look at your business do you feel like you have accomplished something good? Probably you do, and rightfully so, but take just a minute and ask yourself what legacy you are leaving behind you. Will it be the legacy of William Clark who so embarrassed his heiress that she wanted to hide from the world or is it a legacy that helped the world?