'Jeffrey Bezos\r'

' ab pop people believe a leader is both born(p) or made. When it comes to Jeffrey Bezos, I believe it is a combination of the deuce. Bezos, founder of virago. com, was born into a family ample of extraordinary people. Jeffrey’s step-father was a petroleum plan and his grandpa was the manager of the Atomic Energy citizens committee’s operations office (Bezos, Ebsco). During his childhood, Jeff was intrigued by his surroundings, frequently finding ways to alter or advance everyday items. The people and experiences throughout Bezos’ life hurt back uped him become the successful CEO he is today.Jeff Bezos, born Jeffrey Preston Jorgensen, was born on January 12, 1964 in Albuquerque, New Mexico. by and by on his p atomic number 18nts split up, his mother raised him until he was two socio-economic classs old. In 1966, Miguel Bezos came into the picture. After his mother remarried, Jeff was legally adopted and took Miguel’s suffer name. (Bezos, Eb sco) Since a undecomposed age, Jeffrey Bezos has been intrigued by the way things scat. At three years old, Jeff took a screwdriver to his crib, disassembling it into multiple distinguishs. This trend continued when later down the road he built a burglar alarm with an electronic kit his grandfather had given him (Bezos, Encycl).Bezos’ grandfather, Lawrence Preston Gise, played a bombastic part in who Jeff is today (Bezos, Ebsco). From age four to sixteen, Jeff would go past the summers living on his grandfather’s paste in Cotulla, Texas (Brandt). Here, Jeff’s grandfather put him to work doing stocks such as fixing windmills and repairing pumps. Bezos’ grandfather use his background in working on post technology and missile defense systems to help trip Jeff’s interest in similar things (Bezos, Ebsco). just now this was just the beginning. At age eight, Jeff was enrolled in a gifted program at his elementary educate in Houston, Texas.Jeff used his intelligence to wow teachers with his knowledge of computers. While n one(a) of the teachers even knew how to use a computer, Jeff and some of his friends had managed to program one. A local write by the name of Julie Ray took interest in Bezos and featured him in her restrain, Turning on wise Minds: A Parent Looks at Gifted Children in Texas. (Bezos, Ebsco) In 1978, Miguel Bezos was transferred to Miami, Florida where Jeff’s fascination with space began. Jeff went to Palmetto fourth-year high school School where he was already thinking out of the box for his time.Bezos hoped to one day become an astronaut on a shuttle that would satiate passengers from background into outer space. (Bezos, Ebsco) Bezos graduated from Palmetto High School in 1982 where he was class valedictorian. along with this honor, he legitimate recognition from the Miami Herald for his academic excellence by winning the Silver Knight Award. Upon graduating high school, Bezos began runn ing his own business with his then girlfriend in advance heading off to college. Jeff spent the summer establishing an educational summer camp for children. Bezos, Ebsco) In the fall of 1982, Jeff began perusing at Princeton University in New Jersey. He graduated summa cum laude in 1986 with a Bachelor of intelligence in Computer Science and Electrical technology (Bezos, Ebsco). After graduation, there were many opportunities awaiting Jeffrey Bezos. He proceeded to go to New York to work for Fitel, a political party that allowed him to manufacture a worldwide communications network for fiscal trading (Bezos, Encycl. ). Two years later, while Fitel was struggling, Bezos certain a job with Bankers Trust Corporation.This new job opportunity allowed him to develop software applications for the alliance’s pension fund clients. Jeffrey moved among the rankings quickly at Bankers Trust; within 10 months he became the company’s youngest vice-president (Bezos, Ebsco). B ut shortly afterwards, Bezos realized this company was not for him. The next move would prove master(prenominal) in Bezos’ path to be plan of attack an up and coming entrepreneur. In 1990, Jeffrey Bezos was hired by Wall passage financial trading company, D. E. Shaw. Bezos’ duties at D. E. Shaw included smell for new investment opportunities in areas such as insurance, software, and lucre.In 1992, Bezos proved he was capable of his role by securing â€Å"one of the most successful qualitative coin on Wall Street”. He was promoted to senior vice-president shortly after. (Bezos, Ebsco) While researching for new business opportunities in the network sector, Bezos came across some data that would help him in his decision to develop virago. com. According to these numbers, the internet was growing at an exceedingly fast rate. Jeffrey located it was a good time for his next big step. He quit his job in 1994 at D. E. Shaw and prepared to venture into the world of online transport. Bezos, Ebsco) Jeffrey Bezos began by face into what products could be sold successfully in the online retail market. He composed a list and determined that books would be the best choice. Bezos told Karen Southwick in October of 1996 that â€Å"there are 1. 5 million Eng lish-language books in print at any given time. If you take all languages worldwide, it’s about 3 million books active and in print. ” Bezos knew from his computer background that an online sorting and organizing database to purchase books would capture on. (Bezos, Ebsco) Jeffrey and his wife Mackenzie packed up and headed for the west coast.Jeffrey chose to suck his new conquest in Seattle, Washington. Seattle supplyed a king-size number of skilled workers and was located by the largest book distributing company in the get together States (Bezos, Ebsco). After experimenting with disparate names, Bezos decided to name the company Amazon after the world’s largest ri ver (Bezos, Encycl. ). Using money from investors, his savings, and his parents, Bezos launched Amazon. com in July of 1995 from his service department in Seattle. At the close of the rootage month, it is said that Bezos had received orders from customers in all litre states.The large quantity of books available on the database as well as the new features available on the site enticed many customers. (Bezos, Ebsco) Bezos and his colleagues established features that would change internet obtain forever. Amazon was the number 1 of its kind to offer one click-shopping, customer reviews, and e-mail order tick (Hoover’s). Bezos’ main focus of the site was customer satisfaction. Along with these new additions to the site, Amazon was also one of the first companies to encrypt credit card numbers, ensuring safe shopping for their customers (Bezos, Credo).Jeff Bezos helped familiarize the public with on-line shopping, and it quickly became as popular as a trip to the nerv e center (Bezos, Ebsco). After attracting 3 million customers, Bezos decided to take Amazon public in 1997. Jeffrey Bezos quickly became one of the first internet billionaires (Bezos, Credo). In 1998, Amazon broadened their history and began selling new products in order to suck up new customers. Along with books, Amazon. com began offering CDs, boob tubes, electronics, wearable, toys, and games to its millions of customers worldwide (Bezos, Ebsco). In 1999, Amazon. om hit a huge milestone when its sales crossed the billion-dollar mark. During this same year, Jeffrey Bezos was named Time Magazine’s Person of the Year (Bezos, Ebsco). What once started as a small company in Bezos’ garage in Seattle had turned into the â€Å"world’s biggest everything store”. In 2000, Amazon. com teamed up with ToysRUs. com to launch a co-branded toy and video game store. However, this new partnership would not last long. Over the next few years, Amazon would dip in an array of products. In 2002, Bezos began offering clothing sales from large retail stores such as the Gap, Nordstrom, and Land’s End.A few years later, in 2006, Amazon. com dabbled in online dry groceries. A year later the company began offering a fresh delivery service for the Seattle area. (Hoovers) In 2007, Amazon spread out once again. Bezos introduced Amazon’s new electronic portable reader, the Kindle. By 2011, Amazon announced that they sell more e-books than printed books. Along with new items such as the Kindle, Amazon began offering products and services such as self-publishing, online advertising, e-commerce platform, hosting, and a co-branded credit card. (Hoovers) Today, Amazon. om has five international websites for Canada, France, Germany, Japan, and the United Kingdom. The company has an estimated 20 million customers in one hundred sixty countries across the world (Bezos, Credo). According to Hoover’s Quick Report, Amazon. com employs 56,200 e mployees as of 2011 at all of their sites. Amazon’s efficient operating model has allowed it to get through despite downward pressure on prices. religious offering low prices to their customers has been a key success to Amazon’s business strategy (Hoovers). As a Business Management major, there are many things one can learn from looking at Jeffrey Bezos’ life.He saw a business opportunity and did everything he could to control it work. Starting off in his garage in Seattle, Bezos turned Amazon. com into the world’s largest online store. in spite of the many years of not turning profit, Bezos managed to make Amazon. com into the company it is today. By focusing on customer service, Jeffrey Bezos was able to appeal to new customers and keep the latest ones satisfied. Works Cited Bezos, Jeff (1964-). (2010). In The Hutchinson Unabridged cyclopedia with map collection and Weather Guide. Retrieved from http://www. credoreference. om/entry/heliconhe/bezos_ jeff_1964 Bezos, Jeff. (2003). In Capstone Encyclopedia of Business. Retrieved from http://www. credoreference. com/entry/capstonebus/bezos_jeff Bezos, Jeff. (2004, Jan 1). Leaders of Information Age (Bio reader Bank. Brandt, R. L. (2011, Oct 15). REVIEW — Birth of a Salesman — Behind the overturn of Jeff Bezos and Amazon: Richard L. Brandt on the Founder’s Texas Roots, the Sites jumbled Early Days, Why Negative Reviews are Allowed and the increase Use of Personalized Data. Wall Street Journal, pp. C. 1. -C. 1. http://search. proquest. com/docview/898391472? accountid=2837\r\n'