Categories: Business

Jeff Bezos and his three tips for any entrepreneur

Jeff Bezos is one of the most successful people of recent years, his ability calculations And business led him to found a multinational technology company in 1994. Amazonwhich was the brand with the highest grade by 2023, totaling $299.28 billion.

This trading company electronic and computer services became known thanks to marketing what its creators realized, what was identified with slogan “A to Z” means you can find anything on its platform.

Amazon was founded in 1994.
Photo: Amazon

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Jeff Bezos has repeatedly demonstrated his enthusiasm for the business world and allowed himself to share some of his best advice when starting a business, so below we present three of them.

Make decisions quickly

The Amazon founder insists that in order to innovate in any endeavor, you need to make decisions quickly and efficiently because this is how you can make the difference between your business and others.

Staying ahead and creating a differentiator is one of the most important things to consider in any company.

Invest wisely

If you want to start a business that you truly believe in, do it wisely, make small investments wisely without spending all your resources at once.

It’s wise to keep a record of what works and what doesn’t so you know what you should invest more in next time and what things you should leave aside.

Distribute your capital wisely
Photo: Archive

Take breaks to reflect

It’s important to stop for a moment and think about how you can innovate what you do. You see the big picture, from the smallest details to the largest, everything contributes to building a thriving business.

Who is Jeff Bezos?

Jeffrey Preston Bezos is an American systems engineer and businessman born in Albuquerque, New Mexico, USA, in January 1964.

He is the founder and CEO of online retail company Amazon, of which he currently owns 7 percent. He was ranked among the richest people in the world twice: in 2015 in fifth place, and in 2017 in first place.

Bezos became the richest person in the world in 2017
Photo: Archive

What did Jeff Bezos study?

Bezos received a degree in computer science and electrical engineering from Princeton University, graduating in 1986.

His studies allowed him to acquire financial knowledge, as after graduation he received a position as a computer scientist at a Wall Street company, which years later allowed him to take a position as a financial analyst.

How was Amazon born?

During his time on Wall Street, Bezos acquired a lot of knowledge about the business world, so he decided to combine his two great talents: computing and finance.

This prompted him to create cadabra.com in 1994, which was designed for online book sales; However, in 1995, Jeff changed the company name to Amazon and gradually began introducing a wide range of products.

The company started with an investment of $300,000 and by 2018, its valuation had already exceeded $150 billion, indicating the great success it has achieved.

Amazon initially only sold books
Photo: Archive

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