Jeff Bezos And Amazon Success Story
We all hear and narrate the story of a successful man, but while narrating the story we do not tell what was the foundation of success.
Dark patches of failure in Jeff Bezos’ shining success story
July 5 is a very important day in the life of Jeff Bezos. 27 years ago in 1994, it was July 5, the day Bezos laid the foundation of Amazon. A company that started in a small place with modest resources quickly transformed into the largest company in online shopping. While starting this, even Jeff Bezos himself would not have thought that one day his name would be included in the list of the most powerful and richest people in the world, but it happened. Like an impossible dream becoming possible.
Jeff Bezos has left the post of CEO of Amazon. Now Andy Jesse is the new CEO of Amazon in his place. Although the success story of Jeff Bezos has been repeated many times. And while narrating this story, along with the brightness of success, some mention should also be made of the darkness because behind every success story there is a long series of failures and difficulties, to which success often does not do justice. Success stories only mention victory, not defeat.
When a 16 year old girl gave birth to Jeff
Jeff Bezos was born on January 13, 1964 in Albuquerque, New Mexico. At that time his mother Jacqueline Joggerson was only 16 years old and was studying in junior high school. She was expelled from school because she was pregnant and gave birth to a child. The principal said that now she cannot complete her studies in this school. Such a serious responsibility that fell on her at a young age and the difficulties it created also affected the relationship between Jeff’s parents and just a year after Jeff’s birth, Jacqueline separated from Jeff’s father Theodore Jorgeson. Theodore was a very harsh and irresponsible husband and father. After becoming a father at the age of 19, he started drinking heavily and misbehaving with Jacqueline.
Mother’s divorce and second marriage
When all this became unbearable, Jacqueline decided to get a divorce. However, even after divorce, Jacqueline’s life was not easy. At such a young age, I had a small child in my lap, no degree and no solid foundation for my career. There was no preparation to fulfill the responsibilities that had fallen upon him. But Jacqueline did not give up. She took admission in college with one year old child in her lap and worked hard to complete her studies. Jacqueline’s professor generously allowed her to bring her child with her to college. Jacqueline would take the child along. Often when she was attending class, little Jeff would sleep in his mother’s lap. Many times, even when he would open his eyes during the class, he would sit in his mother’s lap quietly, without crying or making any noise, or would make cooing noises in between. But he never disturbed the class by crying or making noise.
Three year old child and swing
In biography of Jeff Bezos, Brad Stone has written that at the age of 3, Jeff started considering himself so big that he refused to sleep in the children’s swing.
During this time, she also worked part time to meet household expenses. Jacqueline met Mike Bezos while studying in college. When Jeff was four years old, Jacqueline married Mike. Mike adopted Jacqueline’s son and even gave him his name. Jeff Jorgeson now became Jeff Bezos and he kept this identity associated with his name throughout his life.
Theodore and Jeff Bezos
Jeff had no contact or relationship with his biological father Theodore. In 2013, when Brad Stone was writing a biography of Jeff Bezos, he contacted Theodore Jorgeson. It was during this time that Brad Stone came to know that Theodore never had any relation or conversation with his son. There has been no meeting or conversation between the two for 40 years. Theodore agreed to be interviewed for this book and during the conversation he also said that he was a very bad and irresponsible father. He left both Jacqueline and Jeff alone during the most difficult phase of their lives and never returned to inquire about their well-being. However, they are definitely relieved and happy that Jacqueline again got a husband like Mike and Jeff got a father like him.
After Brad Stone’s interview, Theodore contacted his son and then there was some scope for communication and affection in their relationship. Today, there is no such distance and bitterness between them. They meet occasionally, but Jeff’s name is associated only with his stepfather Mike.
Computer science degree and investment firm job
Jeff Bezos graduated from Princeton University in 1986. This degree was in Computer Science and Electrical Engineering. Like everyone else, Jeff also started his career with a job. He certainly had a degree in computer science and engineering, but he worked in an investment firm on Wall Street. Jeff had a business mind. He knew how to sell and earn profit.
When he was in high school, he started his first business in the old vacant garage of his parents’ house. Named – ‘The Dream Institute’. During the summer holidays, Jeff ran a summer camp for students like him and earned $600. This was amazing. Obviously, Jeff had so much talent that on the pretext of teaching something new to the students of his own school and class, he could run a summer campus and earn money by charging them fees. Jeff’s parents were also surprised to see where the high school kid got so much intelligence from.
Jeff started seeing his future. He knew that no matter where he started, he had to do business.
Year 1993 and a big decision
After completing his studies, when Jeff worked in the Wall Street investment firm DE Shaw & Company, he quickly climbed the stairs of success and within 7 years he also became the Vice President there. Jeff’s future was bright in that company, but Jeff did not have to do that. He was not meant to work for someone else all his life. In 1993, he left his job and decided to start his own business.
This was the beginning of Amazon.
Jeff Bezos And Amazon Success Story
Amazon started from the same small garage of the house where Jeff organized his first summer camp in high school. Now even the parents had no doubts about his son’s talent. Father Mike agreed to lend Jeff $300,000. Jeff planned to open an online bookstore. Named it Amazon. The name of a river in sub-Saharan Africa is Amazon. The idea was that this river is flowing to all the countries. This river extends from America to Europe and Asia. With the help of many friends, acquaintances and well-wishers, testing of Amazon continued and finally that day came, an impossible dream come true
July 5, 1994. Amazon was started. As soon as the website was launched, there was a rush of people buying books online. Within a month, Amazon’s business spread to 40 countries. Within three months, books worth $25,000 started being sold every week. This was such a huge success that Jeff Bezos himself had never imagined. In the history of the entire world, no start-up had recorded such a huge success in its account within such a short period of time. Within three years, this startup had transformed into a public company and not only that, it was just a few steps away from becoming the uncrowned king of the e-commerce world.
Jeff Bezos
Trust is the foundation of every great work
Amazon’s journey, which started by selling books online, was like a dream coming true within five years, which even Jeff Bezos himself had never seen. We all know the story of his life after this. He also remains in the news from time to time for various important and unnecessary reasons. Sometimes because of narrow escape in a helicopter crash and sometimes because of the world’s most expensive divorce. Sometimes because of his new love and affair and sometimes because of some such trivial reason, which the media presents as the biggest news related to his life.
Jeff Bezos is the second most richest person in the world
His Net Worth: $215.9 Billion | Age: 60 | Country/Territory: United States | Industry: Technology
Jeff Bezos founded e-commerce giant Amazon in 1994 out of his Seattle garage.
But to be honest, none of these things are something that should be read in praise of or be ignored.
The real news is the journey itself and every step of that journey, which was not taught as the most important point of the story. When there was nothing, there was a passion and dream to do something, there was a belief.
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