Page 8 - HP3A 006 John Davison Rockefeller

support. So, he started some small was to pay him back in a year with a

business ventures on his own. He 7% interest. Many years later a 53-

would sometimes make candy to sell year old John said that that was an

to his neighbors’ children. At other important step in him learning to let

times he would do some jobs for his his money work for him instead of

neighbors. He even went on to start always working for his money. That

a small turkey farm. With this, he remains a principle in good money

was able to raise about $50 which management till today. 12-year-old

is somewhere around $1200 today John later moved with his family to

when he was just 12 years old. When Owego, New York in 1851 where

his mother realized this, she gave he attended the Owego Academy.

him an instruction which taught They moved to Cleveland, Ohio

him a vital lesson. She told him to two years later where John later

loan the money to a farmer who graduated from High school. He