Rockefeller, from regular accountant to Standard Oil Manager

We spend every moment of our day, directly or indirectly, with Apple and Microsoft products, whether in our field of work or in our hobby. It is because of these influences that many of us seek the lessons of success from the lives of these great men. In this article, let’s take a look at Microsoft and Apple and look at John Davis Rockefeller (1839-1937), the founder of Standard Oil and one of the most famous American businessmen and philanthropists. Rockefeller’s life has many lessons for those who seek success. What have been the biggest common mistakes of big entrepreneurs? Many authors, in search of the secret to success, have analyzed Apple and Microsoft and other technology companies. For example, if you search the Amazon website for a book about Steve Jobs, the legendary CEO of Apple, you will get more than 14,000 results! But sometimes we get tired of reading repetitive writings about these great men. You may have felt the same way about Jobs and Gates and other technology industry leaders. But fortunately, history is full of inspiring examples. You can also find many articles about many successful entrepreneurs on the website, such as Richard Branson, Carlos Slim, Ilan Musk and others. Here are some lessons from Rockefeller’s life. When you succeed, expect criticism Rockefeller and his partners created one of the largest companies in American history. Standard Oil dominated the American oil industry in the late nineteenth century and had considerable control over railroads. Over the years, critics have sharply criticized Rockefeller’s methods and attacked his character. Although some of them were constructive and correct criticisms, most of them were exaggerated. If you want to follow in the footsteps of the elders, you should also expect sharp criticism in this direction. Did you know that Rockefeller started out as an employee? As a teenager, Rockefeller worked for a small company called Hewitt & Tuttle in Cleveland. He worked there for several years, checking the accuracy of the invoices, receiving money from customers, and helping the company grow. During this time, Rockefeller developed the beliefs that later led to his success; he gained a deep understanding of the benefits and harms of doing business. If you work in anonymity, look for ways to make the most of your situation. Doing so is challenging, but Rockefeller’s example shows that it is not impossible. Celebrate your achievements Did you know that very ambitious and accomplished people often have trouble celebrating their successes? Many believe that if you want to succeed, it may not be right to spend time celebrating! But what does Rockefeller think about this? Rockefeller celebrated Labor Day on September 26, 1855, as Labor Day, as the beginning of his long journey to financial independence. Celebrating a milestone, such as the release date of your first book or your first paycheck, energizes you and encourages you to take a stronger path. Gratitude increases your inner joy, so why not celebrate your achievements? Rockefeller maintained his assets Rockefeller was also known for managing his personal expenses. At a time when the rich were buying yachts, private wagons and expensive clothes, Rockefeller was refraining from such squandering. In our time, such an approach is called a financial defense game and is an important part of achieving success. You also have to manage your assets so it is good to get acquainted with personal financial management methods. It can be said that Rockefeller was one of the top investors in buying and holding. He never sold Standard Oil shares for decades. Instead, his wealth grew steadily over time. In contrast, his brother William paid less attention to long-term assets. Rockefeller’s life story writer Ron Chernow points out this interesting point in his book, Titan: “Because William refused to take out a loan to build his house, he sold $ 50,000 of Standard Oil shares to his brother, despite John’s brotherly advice. “William’s irrational decision played a major role in the huge difference in the wealth of the two brothers.” 71 Signs That You Have No Management In Your Money A well-planned and executed transaction can be your launching pad. Rockefeller repeatedly traded successfully with rival companies, partners, and railroads to expand Standard Oil throughout the United States. In fact, some of Standard Oil’s most loyal executives came from rival companies. Whether you are negotiating to buy a home or increasing your income through freelancing, high self-confidence and excellent trading skills are among the factors of your success. In later years, some of Rockefeller’s deals were criticized for being unfair. I think this is another great reason to learn the art of trading; Refrain from making a wrong deal.