Quote by J. Paul Getty

My father said: You must never try to make all the money that's in a deal. Let the other fellow make some money too, because if you have a reputation for always making all the money, you won't have many deals.


My father said: You must never try to make all the money tha

Summary

This quote emphasizes the importance of fairness and integrity in business. The father advises against solely focusing on personal gain and urges one to consider the other party's interests as well. By allowing the other person to profit, it builds trust and fosters long-term relationships necessary for future deals. Reputation plays a crucial role in business, and if one consistently prioritizes their own profits, it may deter potential partners from engaging in future collaborations. Ultimately, the quote highlights the value of balanced and equitable transactions for sustained success in business.

Topics

Business
By J. Paul Getty
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