Founders: #113 A.G. Gaston (Black Titan and the Making of a Black American Millionaire)
What I learned from reading Black Titan: A.G. Gaston and the Making of a Black American Millionaire by Carol Jenkins and Elizabeth Gardner Hines ---- The grandson of slaves, born into poverty in 1892 in the Deep South, A. G. Gaston died more than a century later with a fortune worth well over $130 million [0:01] A 10 year old’s first business idea [5:35] A.G. finds a blueprint to follow: A.B. Loveman [9:00] The remarkable story of Carrie Tuggle and The Tuggle Institute [12:10] The influence of Booker T. Washington [13:35] The power of positive examples [15:27] Joining the army for discipline and opportunity / Lessons from World War I [18:32] Keep your eyes open. Study the people around you. How do they live? What makes them tick? What do they need? [25:05] A. G. Gaston was relentless [27:20] The parallels between Andrew Carnegie and A. G. Gaston [30:26] Exhausted, depressed, and hopeless right before his big breakthrough [33:38] And thus these poor devils keep themselves always under — Benjamin Franklin / Both Benjamin Franklin and A. G. Gaston valued industry and frugality [38:00] A fundamental change in philosophy for a young entrepreneur [44:30] A.G. starts a funeral insurance c
[00:00:00] Pick any sweltering day in the year 1919. On the outskirts of Birmingham, Alabama, in a small mining village, hundreds of black men are at work, side by side. Some of the men are convicts. Some are war veterans. One of these men is on the verge of taking his first step in the direction of becoming a bona fide millionaire 100 times over. A.G. Gaston started with next to nothing. His mother was a cook in the kitchen of a prominent white family. He never had more than a 10th grade education. After the war, he had taken his [00:00:41] position in the mines as a means of survival,…
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