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first job
anding his first real office job at age 16, as an assistant bookkeeper with Hewitt & Tuttle, commission merchants and produce shippers. -
first business
with a business partner,john opened up his first business. John business focused on hay meat, grains and other merchants. -
John's Vision
risks, Rockefeller sensed an opportunity in the oil business in the early 1860s. -
The Start of John's Oil business
Rockefeller established his first oil refinery in Cleveland ohio -
Monopoly king
incorporated the Standard oil Company, with immediate succes. Rockefeller then began to buy out all his competitors. -
take over
Standard got into the business itself with the purchase of pipelines and terminals, setting up a system of transport for its own products. owning almost every aspect the business. Everything Rockefeller had done to this point had led to the first American monopoly, or “trust,” and it would serve as a guiding light for others in big business following behind him. -
giving back to the community
His money helped pay for the University of Chicago, donated over 80 million dollars. -
retirement
at age 56 Rockefeller decided to retire from running the everyday operations of his business