Who would have thought that we will have an E-commerce venture like Amazon.com? The brain behind Amazon, its CEO, and Founder Jeff Bezos is one of the charismatic entrepreneurs presently.
So, in 1994, he quit D.E. Shaws to start his own online book store. A computer science graduate from Princeton University, Jeff started his career as a banker on The Waw and began his own virtual bookstore. He decided to name it Amazon, an online book retailer company which soon expanded and focused on more products and services.
By 1998, the site was famous for selling books online and it encouraged the users to post their own review of the books and offer discounts. Soon, it became an online virtual store for selling products like CDs, music and electronics and hardware.
Jeff is well known for his analytical as well as calculated methodical interpretations. He has certainly inspired millions of entrepreneurs and startups that started from nothing and is on the verge of becoming the richest man in the world.
According to Forbes’ list of the richest people in the world in 2019, Jeff leads the list with a net worth of $131 billion followed by Bill Gates and Warren Buffet with the net worth of $96.5 billion and $82.5 billion each.
Here’s a look at the lessons that every startup should learn from Bezos’ business philosophies: