“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.“
Full Name : Jeffrey Preston Bezos
Nationality : American
Born : 12th January, 1964 in Albuquerque, New Mexico, U.S.
Father : Ted Jorgensen
Mother : Jacklyn Gise Jorgensen
Spouse(s) : MacKenzie Bezos
Children : 4
Jeff Bezos is the founder and CEO of Amazon. Did you know that he wrote his business proposal on a trip and that he invented it in a garage? It will please you to know that he was named the most powerful CEO in 2018. Let’s look at seven incredible facts about his life. I hope it inspires you.
7 Dominate Facts about the Most Powerful CEO in 2018 – Jeff Bezos :
1. He was a Genius
After Miami Palmetto High School he went to the University of Florida for a science training program. He received a Silver Knight Award in 1992. In 1996 he graduated from Princeton University with Bachelor of Science degrees in Electrical Engineering and Computer Science.
2. Career before Amazon
He worked at Fitel, a financial telecommunication startup where his duty was to build a network for international trade. He got promoted to head of development and later director of the customer service. In 1988 he joined the Banker’s trust as a product manager. In 1990 he joined D.E. Shaw & Co. He was promoted to its 4th senior president.
He left D.E. Shaw & Co. to start his own company. Initially, it was just an online bookstore. He named it Amazon after the Amazon River in South America. His parents funded his venture and three years later Bezos took his company public with an initial public offer. The IPO made him a millionaire for the first time.
4. He is not afraid of risks
“The best way to predict the future is to invent it”.- Alan Kay
Jeff quit his job to go and start his company. At one time he told his investors that the company might not be profitable. At that time trading online was strange. He took the risk anyway.
5. Customers come first
To have them hooked, he sold goods at a low price and ensured fast shipping. Every two years his employees work for two days at the customer care desk including him. At one point he almost shut down Amazon due to the embarrassment it caused his customers. He goes through all the emails from his customer.
6. Other Business Interests
Jeff founded Blue Origin, a space fight company in 2000. In December 2017 New Shepherd space vehicle flew and landed dummy passengers successfully. In 2013 he bought The Washington Post and steered it to profitability. Through Ventures capital vehicle, Bezos Expeditions, he makes personal investments like buying shares from different companies.
7. Power Point Presentation
He does not like proposals being presented on power point. Its use at Amazon is completely forbidden. Proposals are presented on paper. He argues that this encourages analytical thinking.
Jeff is married to MacKenzie Tuttle. They have four children, three sons, and one daughter. His brother is a volunteer firefighter. He was involved in a helicopter crash where he sustained minor injuries. He lives in Seattle Washington.
With the right frame of mind and good planning, you can achieve anything despite the season. Carry on with your dreams. Who knows you might be the next powerful CEO?