The Success Story Of Jeff Bezos
Jeff Bezos has an extremely inspirational success story that hooks and inspires. An individual is of Jeff Bezos, founder of the E-commerce Giant company of amazon. Amazon is the largest internet company in terms of revenues.
How To Pronounce Jeff Bezos:
Jeff Bezos belongs to America. He is an extremely intelligent, and highly creative person having compassion for his customers in his heart. Jeff’s full name is Jeffry Preston, born on 12th January 1964 at Albuquerque, Mexico. Jeff Bezos’s biological father was Ted Jorgenson-unicyclist. His parents separated in a year after marriage. His stepfather Mike Bezos born in Cuba and later shifted to Texas after he got married to his mother where he became an engineer at Exxon Oil and Gas Company.
“If you double the number of experiments you do per year you’re going to double your inventiveness.”
Jeff showed his intelligence in his childhood by making electric alarm at a very young age. However, he made his own laboratory in his garage for which his parents allowed him to do so as they saw his keen interest in science.
“Life’s too short to hang out with people who aren’t resourceful.”
Jeff was very inspired by his grandfather who was a regional director at The United States atomic energy commission. He studied at River oaks elementary school at Houston. He used to spend his vacations at his Grandfather ranch working with him on different science projects.
“One of the only ways to get out of a tight box is to invent your way out.”
His first business was a summer camp during his school. It was Miami palmetto High school where he discovered his love for computers. He excelled in his studies and got a Silver Knight Award at the University of Florida and remained a national merit scholar at university. He graduated in computer science and electrical engineering from Princeton University. After graduation, he worked with Bankers Trust and the investment firm D.E Shaw. He became vice-president in 1990.
During his job at D.E Shaw, Jeff accidentally came across the importance of the internet and understood the significance of online selling. Thus, that accident proved a turning point for him and he decided to quit his job.
After leaving his job, he opened an online bookstore for selling CDs, hardware and a list of different books in 1994 at Seattle for which he pays zero tax. He managed to raise $1 million dollars from his family and friends to set up his business. Initially, the company named as ‘’Cadabra’’ in 1994 which he changed later due to legal reasons. Jeff and his wife Mackenzie considered some other names as an alternative to Cadabra like ‘’Makeitso.com’’, ‘’aard.com’’, ‘’awake.com’’, Browse.com, Relentless.com, and Bookmall.com. Finally, they decided to name it amazon.com on the name of the longest river in the world.
“What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tailwind is now a headwind – you have to lean into that and figure out what to do because complaining isn’t a strategy.”
Jeff and his wife hired 300 people and after launching the website they directed them to ring a bell for every sale. as a result, In a month, amazon able to sell a huge number of books across all US states and around 45 countries. By 1995, per month sales reach $20000. Soon it started to hire a large number of people from competitor organizations. In 1997, amazon’s market value reached $438 million. Amazon grew by 900 percent that year. Jeff and his team worked hard to ease selling for customers. Bezos always dreamt big. Blue origin is the dream he saw one. In 2004, Jeff initiated a space flight project with the objective of making space travel affordable for ordinary people. In 2015, Blue origin succeeded to launch its first rocket to outer space.
This story motivates individuals to work hard with dedication. No matter how difficult the path is, eventually one could be able to meet his goal despite facing hardships. One must need to be consistent in his struggle. Wikipedia of Jeff Bezos
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