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About this quote

What does it mean?
Rockefeller viewed competition as harmful to social cohesion and economic stability.
In plain terms
Fighting against others for business is wrong.
What can you take from it?
Seek cooperation over rivalry for sustainable growth.

Where it applies

  • business strategy
  • industry relations
  • policy

Putting it to work

  • form partnerships
  • avoid predatory pricing
  • build industry standards

Questions to consider

  • When does competition help?
  • When does it harm?

Another view

Some competition drives innovation and consumer choice.

More from John D. Rockefeller

  1. I always tried to turn every disaster into an opportunity.

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  2. Do you know the only thing that gives me pleasure? It's to see my dividends coming in.

    Permalink to quote #8

  3. The way to make money is to buy when blood is running in the streets

    Permalink to quote #5

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