A Friendship Founded on Business

John D. Rockefeller

7/8/1839 - 5/23/1937

Businessman, Philanthropist

A friendship that is created from working together is better that starting a business with a friend.

Thoughts regarding this quote: In a friendship-based on business, decisions tend to be made based on merit, rather than personal preferences. Preservation of the Friendship: By prioritizing the business aspect, friends can protect their personal relationship. Disagreements in business are less likely to escalate into irreparable personal conflicts.

Rockefeller, aged 86, wrote the following words to sum up his life: I was taught early to work as well as play.
My life has been one long, happy holiday;
Full of work and full of play—
I dropped the worry on the way—
And God was good to me everyday.

If you want to learn more about JD Rockefeller, I suggest you reading about him on Wikipedia: https://en.wikipedia.org/wiki/John_D._Rockefeller

• https://www.linkedin.com/pulse/start-up-secret-10-make-friendship-model-business-ken-gosnell-afc
• https://www.repmanblog.com/repman/2010/09/a-friendship-founded-on-business-is-better-than-a-business-founded-on-friendship.html
• https://www.forbes.com/quotes/5191/

We do not know of any books that JD wrote. If you have a suggestion please feel free to share with us by writing to info@lifehacktees.com

Google AI Overiew: This quote, often attributed to John D. Rockefeller, means that it's generally better to build a friendship with someone after establishing a business relationship with them, rather than starting a business with someone solely because you are already close friends, as business decisions might strain the friendship if not handled carefully.

Key points about this saying:

Prioritizing business interests:
The idea is that when business is the primary focus first, decisions can be made more objectively, without letting personal feelings cloud judgment.

Potential for conflict:
Starting a business with a friend can lead to disagreements about work matters which could damage the friendship if not managed well.

Clear boundaries:
By establishing a professional relationship first, it can help set clear boundaries between personal and business matters.