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Home » Entrepreneurship » Famous Entrepreneurs

John D.Rockefeller

Source: wcam.com
Topic: Famous Entrepreneurs

Sort Desciption: the story of John D. Rockefeller and the qualities that helped him ... John D. Rockefeller lived nearly 100 years, and what a century he saw! ...

Content Inside: T he name Rockefeller has been a staple of American politics and philanthropy for the past 130 years, but few young people know the story of John D. Rockefeller and the qualities that helped him create the oil industry, become the richest American ever and endow some of the most ambitious and generous philanthropic ventures in history. John D. Rockefeller lived nearly 100 years, and what a century he saw! Born in 1839, he witnessed the Civil War, World War I, the Great Depression and the beginnings of World War II. Raised in an age of steam power, his death in 1937 came while rocket tests tore German skies and the automobile asserted its cultural dominance in America. But Rockefeller was not a mere witness to these events; he shaped history through innovative development and marketing of petrol-chemicals. Sadly, our modern ambivalence toward oil and wealth obscure important lessons we could draw from his work ethic, imagination, perseverance, leadership skills and charitable nature. A N I MPORTANT E ARLY L ESSON Like most men of great achievements, Rockefeller was blessed with a strong mother. Her religious conviction and disciplined approach to daily life forged his values; she taught him to work hard, save his money and give generously to charities. By the age of 12, he had saved $50 quite a sum in 1851 which he loaned to a farmer at seven percent interest. When the farmer paid him back, Rockefeller recalled in 1904, The impression was gaining ground with me that it was a good thing to let the money be my servant and not make myself a slave to the money. In other words, Rockefeller learned early in life that money is a tool, not an end in itself. In school, his natural facility in mathematics shone, but otherwise he was an average student. Fortunately, he attended schools so good that even average students received a very good education. At 16, he learned basic bookkeeping, mercantile customs and fundamentals of banking. From his father, he learned how to write b ...

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