Tamude said:"The most expensive diamond is always buried in areas that are not easy to find.." Therefore, Jewish businessmen not only know how to take risks, but also know how to look at the future.
In 1880s, John Rockefeller had controlled American oil resources with his exclusive power and means. This achievement not only depends on the business philosophy he learned from his father, but also the fine learning from his mother, keep credit, be meticulous, and trust in religious morality. What's more, he benefited from the foresight and adventure he developed from his startup.
In 1859, when the first oil well exists in the defacement state in ttersville, Pennsylvania, Rockefeller, a savvy young businessman, saw the prospect of this risky business as profitable from the oil craze. He presented an extraordinary adventurous spirit in his fight with partners for an stake in Andrews Clarke.
The auction started at $500. Rockefeller offered a higher price than his opponent. When the price reached $50 thousand, both parties knew that the price had greatly exceeded the actual value of the oil company, but Rockefeller was confident, he decided to buy the company. When the other party made the final bid of $72 thousand, Rockefeller offered a bid of $72.5 thousand without hesitation, and finally defeated the opponent.
At the age of 26, Rockefeller started a very risky oil business, when his standard oil company controlled 90% of all refining oil sold in the United States in fierce competition, he did not stop taking the risk.
In 1880s, Lima discovered a large oil field. Because of its high carbon content, it was called "sour oil". At that time, no one could find an effective way to extract it, therefore, only one bucket can be sold in one corner. Rockefeller predicted that this kind of oil could one day find a way to extract it, believing that its potential value is huge, so he insisted on buying it. At that time, his suggestion was resolutely opposed by most people on the board of directors. Afterwards, he had to say, "I will take personal risks and make money to invest in this product. If necessary, take out 2 million and 3 million ." Rockefeller's determination finally forced them to agree to his decision. As a result, in just two years, Rockefeller found a way to refine this sour oil. The oil price rose from one cent to one dollar, where standard oil companies built the world's largest refinery, the profits soared to several hundred million US dollars, and our members had to admit that Rockefeller was far more adventurous than all of them.
All successful entrepreneurs are strategists. They have a strong foresight ability and their eyes are on the future. As long as they identify a target, they must continue to work until they succeed.
Introduction: 000. Talmud
Life intelligence |
Communication Intelligence |
Smart thinking |
Business Intelligence |
Successful Intelligence |
001. Pursuing the East(Excellent) 002. The "Special People" of the Emperor(Excellent) 003. You cannot starve other days for a chicken, duck, or fish meal. 004. Place your hand on the Bible 005. Keep your promise 006. No contract destruction is allowed. 007. Liquidated damages must be retaliated 008. Don't attribute your inclement to external factors. 009. Time is money 010. Good at charity and good at Fundraising |
001. Communication skills allow you to use the unlimited power of the outside world(Excellent) 002. Contact excellent people(Excellent) 003. Be able to get along with others in harmony 004. Do not do what you want 005. Be a listener(Excellent) 006. Be brave in accepting others' opinions 007. Give a chance to change |
001. wisdom is an invaluable fortune in life 002. rational decision-making and action 003. tips for solving all things 004. break the barrier stone and use it as the key (excellent) 005. think independently and doubt everything (excellent) 006. the more "impossible" the task is, the more smooth it is to (excellent) 007. use the vulnerabilities of greedy people (excellent) |
001. Understand what is a worthwhile economic risk(Excellent) 002. Making money mainly depends on knowledge and wisdom 003. Your mind is your most useful asset(Excellent) 004. Be a good player in your talents 005. Eyes on the future 006. Using others' shoes is faster than walking barefoot(Excellent) 007. Do not blindly get involved in areas you are not familiar(Excellent) 008. If you want to make money, you have to break the old predicate.(Excellent) |
001. both success and failure are a habit. (Excellent) 002. Never take it lightly 003. Efforts must be made to survive 004. A strong will helps you seize opportunities in your life.(Excellent) 005. The most important thing is to clarify the goal(Excellent) 006. All you can do is complete. What you want is God.(Excellent) 007. Try to translate your dream(Excellent) 008. Opportunities only favor prepared minds(Excellent) . Be able to withstand what is happening(Excellent) 010. endure hardships(Excellent) 011. The character should be like "sabaras" 012. Be patient and wait for success(Excellent) 013. Do it in a down-to-earth manner, and there are no unfinished tasks(Excellent) 014. Overcome Difficulties day after day |