Quote of the Day by John D. Rockefeller: ‘Don’t be afraid to give up the good…’

John D. Rockefeller was born in Richford, New York, and moved to Cleveland in 1853. He began his first business as a commission merchant in 1859 and built his first refinery near Cleveland in 1863. Rockefeller co-founded Standard Oil in 1870, which grew into the dominant force in the U.S. oil industry. Later, he shifted his focus to philanthropy, helping establish institutions such as the University of Chicago and the Rockefeller Foundation.