John D. Rockefeller: Earn Percent of
on Saturday, May 25, 2024Meaning of John D. Rockefeller Money Quote: saying Rather Earn Percent of 100 People’s Efforts. John D. Rockefeller said:
“I would rather earn 1% off 100 people’s efforts than 100% of my own efforts” — John D. Rockefeller
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John D. Rockefeller was an American business magnate and philanthropist who founded the Standard Oil Company, which dominated the oil industry and was one of the largest companies in the world in the late 19th and early 20th centuries.
In this quote, Rockefeller is expressing his belief that it is better to earn a small percentage of many people’s efforts rather than all of the profit from just his own work alone. By leveraging other people’s labor and talents through organization and cooperation, one can accomplish much more and build a larger and more profitable business enterprise than through individual effort alone.
This philosophy emphasizes teamwork over individual achievement and highlights Rockefeller’s view of the importance of empowering employees to contribute to massive business success and growth.