Who Founded Amazon.com?
Did you know, the figure of Jeff Bezos founder of Amazon.com? He is an entrepreneur in the field of technology that became one of the changing ways of shopping for American society and the world. Here’s the story of Jeff Bezos founder Amazon.com.
Jeff Bezos Founder of Amazon.com
The original young man Jeffrey Preston or known as Jeff Bezos was born on January 12, 1964. Jeff Bezos is an American entrepreneur and investor. Jeff Bezos is known as an entrepreneur in the field of technology, especially online stores or e-commerce. Some of the big moves Jeff Bezos made were he founded Amazon.com, invested in Blue Origin, and bought The Washington Post media.
Jeff Bezos’s Childhood
Jeff Bezos was born in Albuquerque, New Mexico. Jeff Bezos was born to a family with a farm. Jeff has been fond of fields related to electronics and technology. Jeff attended Princeton University, a physics faculty. Jeff graduated with summa cum laude, majoring in Electrical Engineering and Computer Science. For his achievements, Jeff was awarded Phi Beta Kappa and Tau Beta Pi.
The success of Jeff Bezos Founder of Amazon.com
After graduating from Princeton University in 1986, Jeff Bezos began his career on Wall Street as a computer expert. After that, Jeff moved to a company called Fitel, which is engaged in internet network. Jeff had moved to Bankers Trust and D.E. Shaw & Co.
Jeff Bezos founder Amazon.com’s success story began when Jeff quit his job in 1994. Jeff Bezos moved from New York to Seattle to start making Amazon’s business plan. Jeff starts work from the garage at his home. Jeff believes that the rapid development of Internet users will become a field for his new venture.
Amazon.com at the beginning is an online bookstore. This business idea emerged after Jeff Bezos discussed with John Ingram of Ingram Book and Keyur Patel. During the first two months, Amazon sold books to 50 US states and more than 45 countries. Amazon sales in the first two months reached $ 20,000 / week.
Amazon’s business plan is very unusual. Amazon.com classmates have not made a profit for more than 4 years. Amazon scored its first profit in 2001, for $ 5 million, on $ 1 billion in revenue.
So The Key to Success of Jeff Bezos Amazon.com’s founder is …
Jeff Bezos became the most influential figure in the field of technology. He managed to create Amazon.com and invest in many companies. Jeff’s wealth is estimated at no less than $ 50 billion. What lessons can we draw from the success story of Jeff Bezos founder of Amazon.com?
- Do not Stop Repositioning. One of the things that Jeff Bezos believes is never to stop experimenting. Take business decisions based on existing data.
- Dare to Find Something New (Invention). Jeff Bezos dared to risk finding something new. He invests heavily in new companies with an enormous mission.
- Long Term Thinking. Last and most important, think long term. He made the Amazon.com business not for a period of 1 or 2 years. And it’s true that Amazon.com makes a big change the way people shop online.