There is no need to be afraid of big expenses, you need to be afraid of small incomes. Motivating quotes from John Rockefeller, the first billionaire in history. "Do not be afraid of big expenses, be afraid of small incomes" (Unified State Exam Social Studies) Essays do not be afraid of big expenses

On March 20, 2017 at the age of 101, David Rockefeller, the legendary shark, died American business.

David Rockefeller is the grandson of the legendary billionaire John Rockefeller, who became the first billionaire in human history.

1. It was my parents who gave me my first insights into the importance of peace outside the United States.

2. Looking back, I see that in life I would not want any other career. Working at the bank gave me the opportunity to meet with the leaders of our world in the field government controlled, finance and business and staying in touch with many of them for four decades - no other conceivable position in any field would have given me that.

3. The law of nature cannot be circumvented, and the sooner you know the truth, the better.

4. The only way to success is to get acquainted with the facts and further work on the basis of these facts.

5. If it were possible to educate people so that they would find help in themselves, we could eliminate at the root many of the adversities of our life.

6. Beginners simply with the intention of getting rich will never achieve anything.

7. Don't be afraid of big expenses, you need to be afraid of small incomes.

8. My duty is to make a lot of money, and more more money to use the money I earned for the benefit of my compatriots in accordance with the dictates of my conscience.

9. I know of nothing more despicable and pathetic than a man who devotes all his time to making money for the sake of money itself.

10. Friendship based on business is better than business based on friendship.

11. Good management is about showing ordinary people how to get great people to work.

12. I never knew who I would be in this life, but I always knew that I was born for something more.

13. I don’t think there is another quality that is so necessary for success of any kind, as persistence. Perseverance can overcome everything, even the laws of nature.

14. Through perseverance, anything, right or wrong, good or bad, will be achieved.

15. Don't be afraid to give up the good for the great.

16. I have always tried to turn every disaster into an opportunity.

17. I would rather receive income from 1% of the efforts of a hundred people than from 100% of my own efforts.

18. The ability to deal with people is a commodity that can be bought in the same way as we buy sugar or coffee ... And I will pay for such an ability more than for anything else in the world.

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Be wise with

Undoubtedly, one cannot but agree with the opinion of Rockefeller. Indeed, the risk and money invested in a particular business are aimed at a systematic profit, the amount of which depends on the effort and materials invested. Invest more and get more.

Investing capital in order to make a profit, as everyone knows, is called an investment. A successful investment leads to big profits, so it is worth taking risks for the sake of your business. In the case of small investments, the profit will be just as small and will not cause either material or moral satisfaction. If the demand for the company's product or service decreases, together with small investments, this will lead to a crisis and bankruptcy.

Another example is the car "Pontiac" - the car of American youth. After reducing the cost of manufacturing the car, the company went bankrupt.

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Thus, it can be concluded that John Davison Rockefeller was absolutely right. Indeed, costs are an indispensable factor in any entrepreneurial activity and the future of the entire company depends on it.

 John Rockefeller was born in New York, his father was a small trader. The family soon moved to Pennsylvania.

 The mother of the future billionaire was a devout Protestant, and his father, on the contrary, loved to drink and often spent the money he earned in brothels. Rockefeller grew up unlike his father: he did not smoke, did not drink alcohol, was not fond of women and spent a lot of time at church services.

 At the age of 16, Rockefeller, without graduating from school, took a three-month course in accountants and began to work. At the age of 18, he asked his father for a loan of a thousand dollars and opened his own business - a company that was engaged in transportation.

 By the age of 30, Rockefeller was already a millionaire. At the age of 30, he created his main enterprise - the oil company "Standard Oil". There were no cars at that time, and industrial oil production was just beginning - the mineral was processed into kerosene for lamps.

 In order to motivate employees, Rockefeller at first decided to abandon wages, rewarding the collective with shares of "Standard Oil". He believed that thanks to this, people will work more actively, because they will consider themselves part of the company. And their final income will depend on the success of the business.

 When Rockefeller got married, he was already the owner of a large oil refinery. But the young family lived very modestly: in a small house, which Rockefeller rented on the cheap.

 John Rockefeller had five children - four daughters and a son. The children were brought up in severity: Rockefeller Jr, until the age of eight, wore the old dresses of his older sisters, and when John decided to buy a bicycle for the children, his wife answered him: “Having one bicycle for four, they will learn to share with each other ...” True, the wife Rockefeller herself did not hesitate to walk in her own patched dresses.
 Rockefeller actively absorbed competitors' companies, and by 1880 95% of American oil was being produced and processed under the Standard Oil brand.

 In 1890, the Sherman Act, the first antitrust law in the United States, came into force. He forced Rockefeller to split Standard Oil into 34 small companies, but he did not stop him from getting rich further. In addition to oil production, the tycoon by that time owned nine banks, six steel, sixteen railroad and six shipping companies, as well as three orange groves.

 Rockefeller's working day began at 6 am and lasted until 10 pm. Excessive workloads made the billionaire look older than his years: dropped eyelashes, receding hairline, dry, wrinkled skin, taut over the skull ...

 The billionaire was unpretentious in everyday life. Until the end of his life, his favorite delicacy was milk and cookies.

 Rockefeller spent about $ 500 million on charity during his lifetime. By the end of his life, his fortune was $ 1.4 billion, and the purchasing power of the dollar was then much higher. If we translate this amount into modern dollars, we get a gigantic figure - about 340 billion. It turns out Rockefeller was the richest man in history.

 Almost all of the largest modern oil companies- Mobile, Exxon, Chevron - went from Standard Oil.

 Rockefeller paid Church tithes all his life. In addition, the University of Chicago, Spelman College, Rockefeller University, Museum Contemporary Art, several monasteries, Rockefeller Foundation, Rockefeller Institute for Medical Research.

 The billionaire died at 97. He claimed that he lived so long because he did not undermine his health by nightly revelry.

Don't be afraid of big expenses. Be afraid of small incomes

Your well-being depends on your own decisions.

Whoever works all day has no time to earn money.

If your only goal is to become rich, you will never achieve it.

Friendship based on business is better than business based on friendship.

It's not enough just to do the right thing; the most important thing is to let people know that you are doing the right thing.

Good management is about showing the common people how to get the job done at the excellent level.

Don't be afraid to give up the good for the great.

I'd rather hire someone with enthusiasm than someone who knows everything.

I would rather receive income from 1% of the efforts of a hundred people than from 100% of my own efforts.

Dealing with people is a commodity that can be bought in the same way we buy sugar or coffee. And I will pay more for such a skill than for anything else in the world.

I don't think there is another quality that is so essential to success as persistence.

There is nothing more unpleasant than spending your whole life on pleasure.

I never knew who I would be in this life, but I always knew that I was born for something more.

I didn't want to make money. Making money was not my goal, I was aiming to build a company.

If you want to succeed, you need to tread new paths.

Charity hurts in all cases when it does not help its recipients to do without charity.

The secret to success is doing ordinary things extraordinarily well.

The way to make money is to buy when blood is pouring on the streets.

Focusing on one single goal is essential to success.

There are two steps to be taken to be happy. Find what interests you and what you can do well - and put your whole soul into it, every part of your energy and abilities.

Oil tycoon John Rockefeller shares secrets of success

The name of the American entrepreneur, philanthropist, the first dollar billionaire in the history of mankind and oil magnate John Rockefeller is known to everyone and is still considered a symbol of wealth.

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John earned his billions himself, starting from scratch, and achieved unprecedented success.

Segodnya.ua has collected 20 rules that John Rockefeller followed to achieve such results.

1. Always try to turn any disaster into new opportunity.

2. Your well-being depends on your own decisions.

3. Do not be afraid of big expenses, be afraid of small incomes.

4. Those who work all day have no time to earn money.

5. Do you know what gives you the greatest pleasure? See how the dividends come from the invested effort.

6. Don't be afraid to give up good for great.

7. Good management is about showing ordinary people how to get great people to work.

8. The ability to deal with people is a commodity that can be bought in the same way as we buy sugar or coffee. And they will pay more for such a skill than for anything else in the world.

9. If your only goal is to become rich, you will never achieve it.

10. There is no other quality so essential to success of any kind as persistence. Perseverance can overcome everything, even the laws of nature.

11. Through perseverance, anything, right or wrong, good or bad, will be achieved.

12. Friendship based on business is better than business based on friendship.

13. They would rather hire a person with enthusiasm than someone who knows everything.

14. Earn a reputation and it will work for you.

15. It is not enough just to do the right thing, the main thing is to let people know that you are doing the right thing.

Photo: instagram / john.d.rockefeller

17. No one ever guesses who they will be in this life, but you always need to know that you were born for something more.

18. I would rather receive income from 1% of the efforts of a hundred people than from 100% of my own efforts.

19. The first and foremost prerequisite for business success is patience.

20. I've always tried to turn every failure into an opportunity.

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The author of this statement argues that you should not be afraid of large investments, you should be afraid of small profits. J. Rockefeller, the famous banker and entrepreneur, raises an important problem - the development of entrepreneurship and the rational distribution of expenses and incomes in this area of ​​activity. This problem is relevant both for our country and for everything modern world... I agree with the author's statement.

As known, entrepreneurial activity- this activity is aimed at making a profit from the production and sale of goods, the provision of services. Moreover, profit is a positive difference between expenses and income. Of course, investing large funds in your business is a huge risk, an entrepreneur must "work out" them as best as possible so that there is no negative profit. It is the low income from the enterprise that can become an indicator of unprofitability and lead to its bankruptcy.

Our experts can check your essay against the USE criteria

Experts of the site Kritika24.ru
Teachers of leading schools and acting experts of the Ministry of Education of the Russian Federation.

There are many examples in history when high expenses led to the prosperity of an entrepreneur, and subsequently to the prosperity of the country as a whole. In the 17th century, the famous Russian businessman A. Demidov lived in Russia, who was not afraid to invest huge funds in the development of the mining industry in the Urals. The correct distribution of finances allowed him to raise the mining industry in Russia to a new level.

In the conditions of the modern economy of Russia, the words of J. Rockefeller also find their confirmation. According to media reports, the number of bankrupt enterprises in Russia increased sharply in the 90s. One of the reasons for this process was the catastrophic decrease in the costs of modernization and development of enterprises, which led to a decrease in profits.

Summing up a common feature, I would like to note that the famous banker and billionaire J. Rockefeller is right.

Updated: 2018-02-20

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