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John Rockefeller

 

            
             God's Gold: The Story of Rockefeller and his Times. New York: Harcourt, Brace and Company.
             The Myth of the Robber Barons: A New Look at the Rise of Big Business in America. Herndon, Virginia: Young America's Foundation.
             Nevins, Allan (1940). John D. Rockefeller: The Heroic Age of American Enterprise. New York: Charles Scribner's Sons.
             Poole, Dr. Keith T.(2000), Entrepreneurs and Economic Growth. University of Houston.
             John D. Rockefeller.
             (July 8, 1839-May 23, 1937).
             Childhood.
             John Rockefeller was born in Richford, New York, which is about halfway between Binghamton and Ithaca on July 8, 1839. His father, William Avery Rockefeller, was a "doctor" who claimed he could cure cancers and would charge up to $25 for a treatment. He would be gone for months at a time as he wandered around the West from town to town. He would return home occasionally wherever the family was living at the time, bringing large amounts of cash with him. John's mother, Eliza Davison Rockefeller, was a very religious, very disciplined woman who taught John to work and save, and to be charitable.
             At the tender age of 12, John Rockefeller was an experienced entrepreneur. Through working for neighbors and raising turkeys for his mother, he had raised almost $50 and because of his mother's encouragement, he loaned a local farmer $50 with 7% interest payable in one year. When the farmer paid the loan back the next spring, Rockefeller was impressed. In 1904 during an interview, Rockefeller thought back on that incident and said that it taught him to let money work for him and not be a slave to money.
             Early Business Career.
             After spending some time in college where Rockefeller excelled in bookkeeping skills, he found employment with Hewitt & Tuttle, commission merchants and produce shippers. He impressed his employers with his diligence and honesty. He would not right out a false bill of lading for any reason and when it came to collecting debts, he was patient and pleasant, but would always get the company's money.


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