The Good Life Mentor | Jeff Bezos on Amazon, Business and Work-Life Balance @TheGoodLifeMentor | Uploaded November 2017 | Updated October 2024, 10 hours ago.
Must-See Videos on Business, Creativity & Success: goo.gl/ZBS8Te
In 1994, Jeff Bezos was a 30-year-old vice president of a New York investment firm, newly married, with a secure and prosperous future ahead of him. He decided to give it all up and drive to Seattle with his wife, in a used car, to start a business in their garage. He was betting his own savings — and his parents and friends — on a totally untried notion: that people would buy books through a little-known network of computers called the Internet.
Jeff Bezos was convinced that this global network, primarily the domain of academics and government scientists, could become a vibrant new venue for commerce, with the right product and the right plan. Almost overnight, the company Bezos started, Amazon.com, changed the book-buying habits of a nation. Bezos and his investors found their shares in the company worth billions.
As the company’s capitalization soared, Bezos embarked on a risky strategy of expansion, forgoing immediate profits to secure an ever-larger share of the Internet market, not only in books, but in music, videos, electronics, toys and clothing. At the turn of the 21st century, the Internet bubble burst, and fortunes seemingly made overnight literally vanished. Yet Amazon flowed on like its mighty namesake, still expanding, but also showing profits, while other promising start-ups faded from the scene. Once-daunting competitors had become grateful partners. The vision of Jeff Bezos had prevailed, and the world of commerce had changed forever.
Jeff Bezos is CEO and Founder of Amazon.com
An interview with the fifth richest man in the world Jeff Bezos (September 2016). In this interview Jeff discusses his thinking behind Amazon and how he got it started. Jeff also goes on to talk about growing up and how he feels lucky at the teachers and opportunities he had. Some invaluable wisdom given by Jeff is his idea that you should view big decisions as your eighty-year-old self, by doing this you will see if that fear at present time is really warranted.
Must-See Videos on Business, Creativity & Success: goo.gl/ZBS8Te
In 1994, Jeff Bezos was a 30-year-old vice president of a New York investment firm, newly married, with a secure and prosperous future ahead of him. He decided to give it all up and drive to Seattle with his wife, in a used car, to start a business in their garage. He was betting his own savings — and his parents and friends — on a totally untried notion: that people would buy books through a little-known network of computers called the Internet.
Jeff Bezos was convinced that this global network, primarily the domain of academics and government scientists, could become a vibrant new venue for commerce, with the right product and the right plan. Almost overnight, the company Bezos started, Amazon.com, changed the book-buying habits of a nation. Bezos and his investors found their shares in the company worth billions.
As the company’s capitalization soared, Bezos embarked on a risky strategy of expansion, forgoing immediate profits to secure an ever-larger share of the Internet market, not only in books, but in music, videos, electronics, toys and clothing. At the turn of the 21st century, the Internet bubble burst, and fortunes seemingly made overnight literally vanished. Yet Amazon flowed on like its mighty namesake, still expanding, but also showing profits, while other promising start-ups faded from the scene. Once-daunting competitors had become grateful partners. The vision of Jeff Bezos had prevailed, and the world of commerce had changed forever.
Jeff Bezos is CEO and Founder of Amazon.com
An interview with the fifth richest man in the world Jeff Bezos (September 2016). In this interview Jeff discusses his thinking behind Amazon and how he got it started. Jeff also goes on to talk about growing up and how he feels lucky at the teachers and opportunities he had. Some invaluable wisdom given by Jeff is his idea that you should view big decisions as your eighty-year-old self, by doing this you will see if that fear at present time is really warranted.
