CA interย โขย 1y
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 because of the deal Cleveland became the biggest refining center and gained attention. P railroad were now in tough times. Now here starts the game, because John new that his competitiors are paying more than him so he decided to break prices And he continued it to acquire market and in order to not lose the customers other businesses followed the suit. Therefore he was the only one earning profits and many of his competitors left the business! Later he boosted the prices again and tried to become a monopolist. But soon things went bad, due to the surplus of oil and new oil fields being found in Pennsylvania they fell more, but due to the railway rebates, he continued to stay profitable whilst others weren't Until next time! Surprise ๐

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Why Israel is attacking Iran? Itโs not about nukes. Thatโs just the excuse. The real reason? Oil and the U.S. dollar. Iran sells oil cheap โ up to 30% below market โ and doesnโt use dollars. This threatens the petrodollar system, where global oil mu
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Decode This Rockefeller Quote to Join the Top 1% โHe who works all day has no time to make money.โ -ย John D Rockefeller This quote holds the key to unlocking true wealth. Those who truly understand its meaning have the potential to rise above the
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Hey I am on Medialย โขย 1y
Learn to listen. Your customers, employees and even competitors have a lot to offer When you actively listen to your customers , you understand their needs and expectations , which allows you to improve your product or service. Employees, being invo
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Building WelBe| Entr...ย โขย 9m
The business lessons from John D. Rockefeller The first billionaire in the world ! 1. Discipline and Focus: Rockefeller believed in staying committed to goals and avoiding unnecessary distractions. This focus allowed him to achieve extraordinary s
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