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How to Take Over the World cover image

John D Rockefeller

How to Take Over the World

NOTE

Rockefeller's Thriving Oil Strategy

Rockefeller capitalized on utilizing leftover oil to create multiple products, leading to immense profitability in the oil business and a shift away from commodities trading. He firmly believed in the potential of the oil industry, borrowing extensively to expand his refinery operations despite concerns from his partner, who saw the borrowing and expansion as risky for the still nascent industry.

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