The American businessman and the owner of the Amazon company, "Jeff Bezos" is the first person in history whose wealth exceeds the barrier of 200 billion US dollars.
200,000,000,000 💵
Success does not come by chance.
Jeff worked for 5 consecutive years before launching the Amazon e-commerce site after he presented his idea to nearly 60 investors and none of them agreed to finance his idea, so he decided to rely on himself and became the owner of the largest e-commerce site in the world and the richest man in history.
His beginning was when he graduated from Princeton College of Engineering and studied business administration.
"In 1994, I was 30 years old and I was a very successful employee working as a financial analyst at DE Shaw in Wall Street in New York (which includes the largest and most famous stock exchange in the world and is the center of the universe in terms of finance) with a good salary and great privileges, and it never occurred to me to establish Business special.
But one day in my work, I encountered a statistic that occupied me and changed the course of my life, which is that the Internet is growing at a rate of 2,300% annually (at that time the Internet was a new phenomenon at its time wild in its fluctuations with unknown dimensions and mysterious dimensions of the future).
But at the same time, I was severely confused by the fateful choice I faced. Should I stick to my secure and luxurious job, or leave it to pursue my new crazy dream? Will I regret leaving Wall Street or staying on it?
I tried to imagine myself at the age of 80 and in a moment of deep contemplation and reminiscence. Will I regret that I left the company in the middle of this year and overstepped my annual motivations and a large part of my salary?
And I concluded that the answer is "no," but that in that contemplative moment, not only will I not regret this movement, but I will not remember it at all.
But the spark of decision-making remained very difficult, because at its moment, such kind of decisions pose a great challenge.
I was terrified of regret in the future, and I tried to find a new angle to look at the topic, and I saw it like this, on the one hand I have this idea and if I did not try it, I will deeply regret not trying it, and on the other hand, if I tried and failed, I will not regret the failure in the experiment .
This was the moment of decisive action, and I knew I had to try, despite all the risks and suspicions.
Anything growing at such dizzying speed as the internet was going to definitely become huge, even if initial use was minimal I put that fact in mind and told myself that now I have to create a business idea on the Internet and make the growth of the Internet center around it.
After much thought and comparison, I chose books as my commercial goods, because books are very distinctive in a certain aspect; That is, the types of books are more than any other product.
I took the leap of confidence, quit my job, moved to suburban Seattle and started Amazon out of my garage.
It quickly turned out to be a wildly winning bet, as in 1997 Amazon went public (crowds investing in it by buying shares) with annual revenues of more than $ 16 million, and 180,000 customers across more than 100 countries.
Despite my optimism and my intuition about the growing phenomenon of the Internet, what happened during the past 25 years and the growth of the company's value of one trillion dollars exceeded all my expectations and even my most extreme dreams, as I was delivering the packages myself, and I was only selling books. I was hoping to establish a company, but not the company that you see today, and I certainly did not imagine for a moment that I would attain a fraction of this astronomical success. "
The secret of success is the application of business administration sciences to discover future trends and then meet consumers' needs.
