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TRANSCRIPT
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Jeff Bezos:
Jeff Bezos is an American technology entrepreneur and founder of e-commerce giant
Amazon.com. Entrepreneur and e-commerce pioneer Jeff Bezos was born on January 12
1!"# in Albu$uer$ue %ew &e'ico.
(is father was an engineer and his mother a housewife. As a child he spent his summers at
his grandfather)s ranch in *e'as. Jeff Bezos+ grandfather ,awrence reston ise wor/ed
as 0egional irector at the .3. Atomic Energy 4ommission. (e played a big role in Jeff+s
life and was the one who got him interested in computers.
Jeff has a passion for fi'ing things and figuring out how things wor/ and turning his
parents) garage into a laboratory.(e was always one step ahead of others as e5ident by his
desire to be a 6space entrepreneur7 from a young age. Bezos had an early lo5e of
computers and studied computer science and electrical engineering at rinceton ni5ersity.
After graduation he wor/ed at se5eral firms on 8all 3treet such as 9itel Ban/ers *rust
and the in5estment firm .E. 3haw and in 1!! became the youngest senior 5ice president
at the in5estment firm .E. 3haw. 9our years later he $uit his lucrati5e ;ob to open
Amazon.com a 5irtual boo/store that became one of the internet)s biggest success stories.
A&A
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When Amazon was started initially, its name was Cadabra as in
"abracadabra but One day Jef Bezos was talkin to his lawyer on !hone
about some leal issues #he lawyer misheard the name o$ Com!any name
as "Cada%er" #his made Jef to decide to chane his com!any&s name Jef
started by oin throuh words in dictionary 'e settled on Amazon as it
meant e(otic and diferent )ust as he wanted his store to be Jef Bezos
chaned its name to Amazon #he reason behind is that al!habetically this
name stands at the to! when listed somewhere 'e also thouht that i$
someone !re!ares an al!habetized list o$ com!anies, Amazon will come on
to! #his will hel! it to et a lot o$ !re$erence amon users Because in those
days search enines showed results in al!habetical order and "A" was listed
*rst and +econdly, Amazon i%er is the earth biest ri%er and he want to
make his store )ust like the same -Amazoncom launched with the taline
".arth&s biest book store"/
Amazoncom sold its *rst book $rom Jef Bezos& +eattle area arae in July o$
0112 #he book was 3luid Conce!ts 4 Creati%e Analoies5 Com!uter 6odels
o$ the 3undamental 6echanisms o$ #houht
Amazon logo
*he Amazon logo was created to represent the message that it sells e5erything from A to the arrow connects the two letters? and also represents the smile that customers would
e'perience by shopping on the Amazon.com 8eb site >the arrow becomes a smile?.
3tatistics and facts about Amazon
Amazon.com is an international e-commerce company offering online retail
computing ser5ices consumer electronics digital content as well as other local
ser5ices such as daily deals and groceries.
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According to recent industry figures Amazon is the leading e-retailer in the nited
3tateswith more than @@.!! billion .3. dollars in 21# net sales.
*he ma;ority of the company+s re5enues are generated through the sale of
electronics and other products followed by media and other acti5ities.
0ecently the Amazon reported that it has more than 2 million acti5e customer
accounts worldwide. ue to Amazon+s global scope and reach it is also considered
one of the most 5aluable brands worldwide.
4ustomer+s 5oice is constantly heard inside the Amazon
Bezos is 5ery accessible to his customers with an easy-to-find email address
;effamazon.com. 8hen customers send Bezos an email complaining about something
Amazon-related Bezos forwards the message to the appropriate person at the company.
*he only addition Bezos ma/es to the email is one character: CDC
C8hen Amazon employees get a Bezos $uestion mar/ e-mail they react as though they)5e
disco5ered a tic/ing bomb. *hey)5e typically got a few hours to sol5e whate5er issue the
4E= has flagged and prepare a detailed e'planation for how it occurred a response that
will be re5iewed by a succession of managers before the answer is presented to Bezos
himself. 3uch escalations as these e-mails are /nown are Bezos)s way of ensuring that the
customer)s 5oice is constantly heard inside the company.C
Jeff Bezos+ oweroint prohibition
68hen you ha5e to write your ideas out in complete sentences complete paragraphs it
forces a deeper clarity.7f you e5er get into aflowof writing you+ll notice something
amazing happens. Four brain produces thoughts and ideas faster than your fingers can
http://www.statista.com/statistics/293089/leading-e-retailers-ranked-by-annual-web-e-commerce-sales/http://www.statista.com/statistics/293089/leading-e-retailers-ranked-by-annual-web-e-commerce-sales/http://www.statista.com/statistics/266282/annual-net-revenue-of-amazoncom/http://www.statista.com/statistics/266290/amazons-consolidated-net-revenue-by-department/http://www.statista.com/statistics/266290/amazons-consolidated-net-revenue-by-department/http://www.statista.com/statistics/237810/number-of-active-amazon-customer-accounts-worldwide/http://www.statista.com/statistics/237810/number-of-active-amazon-customer-accounts-worldwide/http://www.statista.com/statistics/269851/the-100-most-valuable-brands-2012/mailto:[email protected]://en.wikipedia.org/wiki/Flow_(psychology)http://www.statista.com/statistics/266282/annual-net-revenue-of-amazoncom/http://www.statista.com/statistics/266290/amazons-consolidated-net-revenue-by-department/http://www.statista.com/statistics/266290/amazons-consolidated-net-revenue-by-department/http://www.statista.com/statistics/237810/number-of-active-amazon-customer-accounts-worldwide/http://www.statista.com/statistics/237810/number-of-active-amazon-customer-accounts-worldwide/http://www.statista.com/statistics/269851/the-100-most-valuable-brands-2012/mailto:[email protected]://en.wikipedia.org/wiki/Flow_(psychology)http://www.statista.com/statistics/293089/leading-e-retailers-ranked-by-annual-web-e-commerce-sales/http://www.statista.com/statistics/293089/leading-e-retailers-ranked-by-annual-web-e-commerce-sales/ -
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type them. Fou+re totally in the zone. t+s an e'citing yet frantic e'perience because you
want to write down all of the thoughts so you don+t forget them.
n Amazon board meetings are structured around a " page narrati5e memo. t in5ol5es the
presenter preparing a #-" page memo written as a document not a oweroint
presentation. *he first 2 minutes of a meeting is spent reading the document $uietly as a
group. After 2 minutes the group then discusses the content of the memo often
$uestioning the presenter 5ery diligently but the idea here is to truly debate the points
made in the memo and let truth win out through a 5ery healthy debate. At the end
recommendations are discussed and decisions are made. 3o 6*hin/ comple' spea/
simple7. t is hard wor/ to prepare well enough to be able to spea/ simple.
7resent
8n early 9ecember :;0controlled machines that can !er$orm an array o$ human tasks=to
!ro%ide deli%ery ser%ices to customers Accordin to Bezos, these drones areable to carry items weihin u! to 2 !ounds, and are ca!able o$ tra%elin
within a 0;>mile distance o$ the com!any&s distribution center
E5er since he was a child he was immensely interested in aerospace. n 2 he started a
space company Blue =rigin with the 5ision to bring down the cost of space tra5el so
e5eryone can go into the space.
Bezos made headlines worldwide on August G 21H when he purchased the 8ashington
ost and other publications affiliated with *he 8ashington ost 4o. which owns the paper
and other entities for I2G million cash.