Jeff Bezos: The Founder of Amazon.com Essay

In 1994, Jeff Bezos created Amazon with the idea of selling books online. Jeff Bezos was raised by his mother and stepfather, who was a Cuban immigrant that later adopted him. He quit his job on Wall Street with a New York hedge fund to work to fulfill his dream. In 1995, the dream became a reality. Bezos knew when he created Amazon, he knew what he wanted and that he wanted it to be an everything store.

470). To begin Amazon Jeff had to convince investors that his idea was profitable and one worth taking the risk to invest their money. He was able to “raise several million dollars from private investors” to start his company (Kargar, 2004). His parents who invested a substantial portion of their savings stated that “they weren’t investing in the internet they were investing in Jeff” (Academy of Achievement, 2010). Jeff had that ability to convince others to follow him and continue to do so which has shown through not only in his ability to find investors but also in Amazon’s success.

Working this start-up company Bezos focused in creating a network for international financial trade. Unfortunately, the start-up failed and Bezos’ inspiration was cut early and forced to move to Banker Trust Company. At Banker, it took only two years for Bezos to reach the Vice-President position. In 1990, after a lucrative proposition Benzos left Banker Trust to became Vice-President of D.E. Shaw & Company, a financial trading company leading the computer technology race. David Shaw, Bezos’ new employer soon discovered his VP’s innovative work skills and promoted him little after one year to Senior Vice-President. Shaw, described Bezos in an interview with Time magazine in 2003 as “sort of an entrepreneurial odd-job kind of person” (December 27, 2003). Two years later, in 1994, Bezos found himself leaving D.E. Sha to pursuit his wild Internet idea (Business, 2006).

Amazon.com, Inc., on May 28, 1996, started offering a range of products and services through on-line webpages. This new company began to offer products including merchandise and content that was purchased for resale from multiple vendors and sellers ranging from lots of third-party ways. The Amazon.com business has three different segments within its operating environment: Amazon Web Services, North America, and International make up the operating areas. The North American area for Amazon has segments that focus on the sales from retailers of consumer items or product from sellers through its website Amazon.com.

Jeff went to a liberal arts college in the north east that sounded very similar to Roger Williams. Jeff got into the PR field because of some interest exercises at his college along with some professional connections. Jeff told me that all throughout his years in school, he was always a great writer and figured that the PR field might be for him. Out of college, he started working for Porter and Nevily in the D.C area. There, Jeff did political work and campaigning from a legal standpoint. He worked on getting different laws passed along, and also made sure the community was fully aware of the what was happening. After being in that industry for numerous years he decided that politics wasn’t for him.

Amazon is the world’s largest online retailer that was launched in 1995 (Rouse, 2014). Amazon was mainly a book selling company that has enlarged its’ business by selling a variety of goods. The company sells all types of technology devices such as cell phones, games, televisions, movies, cameras, computers,

The first company, Amazon.com, has been in business since 1995 when Jeff Bezos started his

In 1994, Jeff Bezos incorporates his company under “Cadabra.com”. Then in 1995, Amazon went online and made its initial mark by selling books, and many people recall the brand by still think of the company in terms of books. Though that nots true for the most part of the journey of amazon. Amazon almost from the start, has worked to expand into additional areas—striving to become a global retailer of almost anything. Some of the main events include: 1995 books, 1998 music and DVD/video, 1999 auctions, electronics, toys,

The company I have chosen to write about is Amazon. Amazon, was launched on July 16, 1995 by founder Jeff Bezos in his two-car garage in Bellevne, Washington. When Amazon first launched as a website that only sold books, but Jeff Bezos wanted Amazon to be much more than a bookstore, he wanted it to be an everything store. This paper will answer the required questions listed below:

Jeff Bezos is the fifty two year old Chief Executive Officer and founder Amazon, the largest United States based online retailer. A critical and innovative thinker, he created his online book sales company in his garage and has led Amazon to absolute market domination, technological innovation, and has become the third riches person in the world (BBC.com, 2016). His innovative ideas, demonstrated hard work and discipline, coupled with his ability to envision the future of online retail operations, positions his company at the forefront of the market. And behind the technology, the innovation and the drive to convert cash flows into opportunity, is the underlying commitment to the customer. Jeff Bezos demonstrates the leadership practices described by James Kouzes and Barry Posner’s as the five practices of exemplary leadership, model the way, inspire a shared vision, challenge the process, enable others to act, and encourage the heart (Kouzes & Posner, 2012).

This book is about the famous and second most richest person, Jeff Bezos. Virginia Brackett gives a lot of insightful information about Jeff Bezos’s early life and how he didn’t live a smooth life as he was adopted by a Cuban-American immigrant. She then goes on to tell how Jeff Bezos got the idea of amazon and how he scaled a business of an online retail store to an enterprise worth $439.8

Amazon.com is a worldwide American-based electronic company founded in 1994 by Jeff Bezos, the actual chairman and CEO. At the beginning, Amazon was just a small online book retailer, but thanks to the development of Internet at the end of the 90s, it grew quickly into a huge online retail store. Today, in the United States, one out of three online sales are made through Amazon’s website.

After graduating he when to Stanford to pursue a Ph.D, but dropped out after two days to start his own company Zip2. Compaq purchased his company in 1999 for 341 million.

Founded in 1994 by Jeff Bezos, the company went online on the World Wide Web in July 1995.Amazon focuses on increasing its market share and revenues in the long term and maintaining competitive costs of profit margins and dividends paid to its shareholders in the short term. Amazon’s sound business fundamentals include its core business and essential revenue sector of e-commerce, a new focus on media independent of Kindle, improved profit margins from Amazon’s Web Services (AWS) as well as the management of a negative cash conversion cycle (Samonas, 2015).

Jeff graduated High School as valedictorian of his class and was accepted to Princeton University where he planned to study physics but was overwhelmed by his love and interest for computers which led him to earn his degree in computer science and electrical engineering. Intrigued by the world of finance, Jeff found employment on Wall Street with the firm D. E. Shaw which specialized in the application of computer science to the stock market, where he earned the title of being the youngest senior vice president. In 1994, Jeff noticed internet usage was increasing by 2300 percent per year and immediately viewed it as a completely untapped resource. He left his promising position at Shaw