Competitiveness and Development of Small and Medium-sized Commercial Banks

Author: Paul Getty (USA) / Sub-book editor
Publisher:
Publish Date: 2003-12-01
Features: Without exception, there is only one way to make big money in commerce—do what you are familiar with. Businessmen cannot ignore the central goal of all businesses—to produce more and better goods or services for more people at lower prices. Frugality is a necessary condition for business success. "Make money first—consider spending later" is the best creed for those who achieve success. Businessmen should never overlook or miss any legitimate expansion opportunities. Businessmen must personally manage their affairs. Businessmen must be willing to take risks. No matter how much wealth a person accumulates, as long as they are a businessman, they must always use their wealth as a tool to improve the lives of the public. Among all the wealthy, Paul Getty (J.Paul Getty) stands out as one of the most unique. He received a highly educated background and his personal philosophy and way of dealing with others were also deeply profound. Before his death, he was one of the wealthiest people in the United States, and possibly in the world. Born in California, Paul Getty's childhood aspirations were to become a writer or join the U.S. Department of State, and he hoped to achieve both. After graduating from high school, he traveled to Europe for three months. As a result, he later learned to speak four different languages. After spending some time at the University of Southern California, he transferred to the University of California, Berkeley. This is one of the top ten best schools in the United States, but it still did not satisfy him, so he transferred to Oxford University in England. He said Oxford's economics and politics program was the best in the world, and he found the education he received there immensely beneficial throughout his life. He enjoyed history and literature. He said that for a businessperson, a broad knowledge of the humanities is fundamental because it sharpens your vision, enriches your imagination, and enhances your understanding of the overall situation. Paul Getty was one of the wealthiest people in the United States, and possibly in the world. The book includes his life experiences, more of his understanding of wealth and his successful maxims. He said that there is no absolute formula for success in business, but there are certain principles that, if followed, can greatly increase the chances of success.