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    Get Started: Jeff Bezos

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    Vrutika Shah (207050592001)
    Jeff Bezos is an intelligent and methodical entrepreneur who created Amazon and turned it into a billion dollar business through his unique leadership, critical thinking, obsession with customers, and passion for innovation. The document outlines four key business lessons that can be learned from Bezos: get started without procrastinating; make customers the top priority; be willing to invent new ideas and solutions; and be stubborn about your vision but flexible about implementation details.

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    Get Started: Jeff Bezos

    Uploaded by

    Vrutika Shah (207050592001)
    219 views3 pages
    Jeff Bezos is an intelligent and methodical entrepreneur who created Amazon and turned it into a billion dollar business through his unique leadership, critical thinking, obsession with customers, and passion for innovation. The document outlines four key business lessons that can be learned from Bezos: get started without procrastinating; make customers the top priority; be willing to invent new ideas and solutions; and be stubborn about your vision but flexible about implementation details.

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    Jeff Bezos

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    Jeff Bezos is an intelligent and methodical entrepreneur who created Amazon and turned it into a billion dollar business through his unique leadership, critical thinking, obsession with customers, and passion for innovation. The document outlines four key business lessons that can be learned from Bezos: get started without procrastinating; make customers the top priority; be willing to invent new ideas and solutions; and be stubborn about your vision but flexible about implementation details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    219 views3 pages

    Get Started: Jeff Bezos

    Uploaded by

    Vrutika Shah (207050592001)
    Jeff Bezos is an intelligent and methodical entrepreneur who created Amazon and turned it into a billion dollar business through his unique leadership, critical thinking, obsession with customers, and passion for innovation. The document outlines four key business lessons that can be learned from Bezos: get started without procrastinating; make customers the top priority; be willing to invent new ideas and solutions; and be stubborn about your vision but flexible about implementation details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Aside from his analytical mindset, 

    Jeff Bezos, the founder and CEO of


    Amazon, is methodical and a highly intelligent entrepreneur.

    Not only did he create the everything store, but Bezos’ entrepreneurial
    prowess is second to none. His unique leadership qualities, critical thinking
    skills, obsession with customers, and passion for innovation have
    contributed to turning Amazon into a billion dollar retail business. Plus,
    they have helped him win big in his other ventures: aerospace and
    newspaper.

    Here are four business lessons entrepreneurs can learn from this business
    magnate.

    Get Started

    Many would-be entrepreneurs get stuck in the bondage of procrastination,


    thinking that building a company requires millions of dollars, an MBA
    degree, and a ton of time, energy, and resources.

    But it doesn’t.
    Bezos didn’t start Amazon after earning an MBA degree from Harvard
    Business School. He didn’t build Amazon after receiving millions of dollars
    from investors. He didn’t launch Amazon after spending tons of hours
    writing the company’s business plan.

    Amazon + Whole Food and what that means


    for customers
    Instead, the quick-to-laugh brainiac entrepreneur drafted the Amazon’s
    business plan as his wife drove him off to Seattle—the company’s
    headquarters—to breathe life into his crazy Internet idea. Through his
    Regret Minimization Framework (the idea that it’s better to try now than to
    regret not trying later), Bezos launched Amazon in a garage without much
    thinking and took off, which is a great lesson that every entrepreneur
    should learn.

    Customers are Kings

    “Focusing on the customer makes a company


    more resilient,” said Bezos.
    His point is this: your business exists because of your customer.
    Therefore, everything you do must appeal to the consumer.

    Founders often spend time tweaking their company’s landing page,


    designing a fancy logo, branding their business…but they ignore the most
    important aspect that will power their startup…customers.

    They shouldn’t be ignored, because they’re the kings, and everything you
    do must appeal to them. Bezos said in his interview with Charlie Rose,
    “We’re not competitor obsessed, we’re customer obsessed. We start with
    the customer and we work backward.”

    That speaks volumes to Amazon’s success at not only attracting new


    customers but also retaining the existing ones.

    Be Willing to Invent
    Bezos is a masterful inventor. In 1994, Amazon started as an online
    bookstore and 23 years later, the ecommerce site has turned into
    everything store, selling everything you can think of: CDs, tissues, greeting
    cards, shoes, vegetables, and even Amazon Web Service(s).

    Be Stubborn and Flexible at the Same Time

    The one thing that makes or breaks an entrepreneur’s business is the


    entrepreneur himself.

    Founders who give up easily can never realize their vision, and founders
    who don’t bend to new technology and trends or adjust to customer needs
    will eventually fail. Entrepreneurs need to be both stubborn and flexible at
    the same time, no matter what.

    When referring to his company, Bezos said, “We are stubborn on vision.


    We are flexible on details.” Why?

    “If you’re not stubborn, you’ll give up on


    experiments too soon,” said Bezos. “And if
    you’re not flexible, you’ll pound your head
    against the wall and you won’t see a different
    solution to a problem you’re trying to solve.”

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