You Should Know The Hardships Behind The Tale Of Richest Man On The Planet - Jeff Bezos Inspiring Story
Jeff Bezos’ life is a story full of unimaginable twists and turns. But his creative mind and the invisible hand of fate, no doubt his futuristic approach towards businesses as well, made him the richest man on the planet.
Jeff Bezos was Born on the 12th of 1964 in Mexico and later his parents were divorced and his mother married to Miguel Bezos later his family moved to Texas where he completed his schooling and finished his graduation in two specializations in electrical engineering and computer science from Princeton University and now he is the founder, chairman and former CEO of Amazon. A pioneer in uplifting the e-commerce platform and which is playing a uniquely significant role.
According to the year 2016 analysis, he is the 3rd wealthiest person in the whole world having a net worth of $66.7 Bn. He also owns a privately funded aerospace manufacturer and owned a newspaper publishing named ' The Washington '.
He also loves to travel in space and he planned for a space start-up ' Blue origin '. He wants to commercialize space travel and he kept this company very secretly for a few years and later in 2006. When he purchased the Washington newspaper it is worth $225 million in cash under Nash holdings LLC. In 2014 he made changes and lifted it as an online payment barrier and he owned an investment company named 'Bezos expeditions' where he invested in many platforms including Google.
Journey of Amazon
Jeff founded Amazon in 1964. First, he thought of starting an internet enterprise company, and then when he thought of internet usage in the world will be increasing by 2,300 a month Bezos forthwith recognized the expansive possibilities of commerce online and started exploring the chances of developing an online business around it.
He jotted down a listing of twenty potential products that control the potential to sell through the web. once reviewing the list, books clad to become the apparent choice! Primarily owing to the number of titles that existed. Jeff noticed that even the biggest superstores may stock solely a mere fraction of what the accessible books and a “virtual” bookshop may provide several titles.
And it absolutely was decided! Jeff passed up a fat bonus, packed his better half, and their dog, and headed for a cross-country drive from the big apple to the urban center. MacKenzie drove throughout the trip, whereas Jeff jotted down the business set up and commenced vocation prospective investors.
Bezos had worked very hard from the beginning of Amazon he started with a little investment of $1 million from family and friends in a rented garage and it went on after few years he finally launched the title Amazon and it is one of the largest open book stores and it has become successful.
Bezos expanded the business to many sectors with partnerships of eBay bid and many. Amazon’s first profit was $5 million.
Since the stock price is being raised and he owns 18% of Amazon. Bezos like a shot recognized the expansive prospects of commerce online and began exploring the probabilities of developing a web business around it.
He jotted down a list of twenty potential products that management the potential to sell through the online. once reviewing the list, books clad to become the apparent choice! Primarily as a result of the number of titles that existed. Jeff detected that even the most important superstores could stock entirely a mere fraction of what the accessible books and a “virtual” shop could give many titles.
And it fully was decided! Jeff passed up a fat bonus, packed his wife, and their dog, and headed for a cross-country drive from the massive apple to the city. MacKenzie drove throughout the trip, whereas Jeff jotted down the business discovered and commenced vocation prospective investors.
He did many startups, investments, and never gave up and tried for every time and finally succeeded.