July 06, 2007
Business Magazine Forbes was started by Bertie Charles Forbes in 1917 .
Forbes started his own magazine “devoted to doers and doings” in 1917. Originally, he wanted to call the publication Doers and Doings, but Walter Drey, the general manager of the Magazine of Wall Street, convinced his new business partner to use his last name because it was well-known with the investment community. In the end, the phrase was incorporated into the masthead: Forbes: Devoted to Doers and Doings.
The first cover story was a competition to find the best employer in America.
Forbes had success earlier in the year with a book called Men who are making America , a collection of short biographies about businessmen, and its success allowed him to start the magazine. In 1926, Forbes followed it up with a book titled Automotive giants of America .
some famous quotes by Bertie Charles Forbes:
Vitally important for a young man or woman is, first, to realize the value of education and then to cultivate earnestly, aggressively, ceaselessly, the habit of self-education.
The man who has done his level best, and who is conscious that he has done his best, is a success, even though the world may write him down as a failure
The most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats.