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Hiral Jain

Stealth • 7m

Hey everyone, how's everyone doing today? (part 3) So, John and Clark invested in an oil business and built a refinery in Cleveland. Their unique idea of refining oil with sulfuric acid to create longer-lasting and brighter kerosene sets them apart in the market. The oil was given the nickname "BLACK GOLD." The volatile oil market saw prices fluctuate wildly due to demand and supply dynamics, sometimes selling for as low as 1 cent per barrel and other times fetching $12. Therefore they decided to only focus on refining the oil and this was the most profitable side venture. Uncertainty in the market led Clark to sell his business to John for a mere 72500$. Just as the deal was closing, a new oil reserve was discovered, relieving any fears of running out of oil. The business was coined as the Standard Oil Company and partnered with Flager, who shared his dedication to the business. However, Flager's ruthless approach, viewing business as a form of warfare, and so was adopted by John

1 replies4 likes

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Hiral Jain

Stealth • 7m

Hey everyone, it's awesome to be back with you. [this post is a continuation of a previous post, check that out before] You all remember young John, right? He wasn't fazed when his old company shut down. With enough savings and a partner named Clark

6 replies7 likes

Hiral Jain

Stealth • 7m

Hey there! Ready for the John and Flagler again! (p-5) As we have seen J&F cracked deals with both railroads and both parties were in a win-win situation. The only parties who were at a loss were P Railroads and the competitors of Standard Oil. Now

2 replies12 likes

TenderAlert

Stealth • 7m

Hi to everyone this is venkatesh recently I created a hair oil which makes strong hair ,removal of dandruff and removal of hairfall but the compition is very high in this field but no hair oil like this in the market Our hair oil mainly focus on

10 replies8 likes

Hiral Jain

Stealth • 7m

Hey everyone! Sup? Everyone among us does aspire to be a billionaire but today's let's know the story of the worlds first billionaire John D. Rockefeller, had a remarkable and tumultuous life. Born into poverty, he displayed exceptional intelligence

10 replies4 likes

Aryan patil
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Monkey Ads • 7m

ICMR classifies bread, butter, and cooking oil as ultra-processed foods: Full report https://health.economictimes.indiatimes.com/news/industry/icmr-classifies-bread-butter-and-cooking-oil-as-ultra-processed-foods-full-report/110304060

0 replies3 likes

Startup Savvy

Stealth • 9m

Nokia's first product was Toilet Paper LG's first product was Facial Cream Wipro first product was Vegetable Oil IKEA's first product was a Pen Samsung started its business by a Grocery Store So it's not that your first product is your last produc

3 replies10 likes

Shubham Soni

Stealth • 6m

How to differentiate the business from competitors, and maintain market share in a crowded and saturated market?

1 replies6 likes

Ardnim Raghuvanshi

Stealth • 1m

The recent escalation of hostilities between Israel and Iran, highlighted by Israel's airstrike in Tehran involving 140 aircraft, is creating ripples across international markets. The potential economic implications are noteworthy: 1. Market Instabi

0 replies4 likes

Ravi Ranjan

Stealth • 3m

Give the past Example of an Entrepreneurship where Product was the best in the market but yet the Business failed due to bad marketing or operations ??

12 replies6 likes

Hiral Jain

Stealth • 7m

Hey there! Stop and read the story of the ruthless world's first billionaire! (p-4) The oil market is becoming overcrowded and the secret of preparing kerosene is out. With no usp they decide to form alliances and kill their competition. At that ti