American founding father Alexander Hamilton (1755-1804) was born on this day in the British West Indies. A respected patriot and lawyer, his familiar face is seen every day on the $10 bill.

He once said, "The loss of liberty to a generous mind is worse than death."

The esteemed financier was George Washington's chief of staff during the Revolutionary War and served bravely in combat. Hamilton believed in a strong central governement, was elected to the first Continental Congress, and was an advocate for the Constitution. His noted adversaries, Thomas Jefferson and John Adams, opposed his Federalist views.

"Power over a man's subsistence is power over his will," Hamilton said.

Appointed as the first Secretary of the Treasury, Hamilton inherited the new nation's weak and fractured economy. He held the position for six years, aggressively creating the framework for his department's fiscal requirements and establishing the national mint and bank. He protected American manufacturers from foreign competition with import taxes.

"Why has government been instituted at all? Because the passions of men will not conform to the dictates of reason and justice, without constraint," he said.

Killed in duel with Aaron Burr, Hamilton said of his fame, "Men give me credit for some genius. All the genius I have is this. When I have a subject in mind. I study it profoundly. Day and night it is before me. My mind becomes pervaded with it... the effort which I have made is what people are pleased to call the fruit of genius. It is the fruit of labor and thought."

Strive for excellence, not perfection.