...started from zero. The genius behind this is Jeff Preston. Jeffrey Preston Bezos was born in January 12 1964, in Albuquerque New Mexico. To his mother who was a teen mom, Jacqueline Gise Jorgensen, and to his father,Ted Jorgensen, who was a bike shop owner. His mother gave birth to him when she was only seventeen years old. His father didn’t even show up to his birth and divorced his wife a few months after Jeff was born. After the divorce Jacqueline met up with a Cuban immigrant named Miguel Bezos. Who was a person that studied in the university of New Mexico and got a degree in welding. He is also known for working with the major gas company Exxon. Bezos attended River Oaks...
Words: 1144 - Pages: 5
...Jeff Bezos Amazon.com You would like to know more about how Jeff Bezos of Amazon.com transformed his idea for an online bookstore into a successful e-business. Write a one-page report describing how Jeff Bezos used his entrepreneurial abilities to create Amazon.com. “Jeffrey showed intense and varied scientific interests at an early age. He rigged an electric alarm to keep his younger siblings out of his room and converted his parents' garage into a laboratory for his science projects.” http://www.achievement.org/autodoc/page/bez0bio-1 “He entered Princeton University planning to study physics, but soon returned to his love of computers, and graduated with a degree in computer science and electrical engineering.” http://www.achievement.org/autodoc/page/bez0bio-1 In Jeff’s younger years he was still very committed to success and was very focused on his personal studies. Soon after graduating from Princeton University Jeffrey Bezos found employment at D.E. Shaw and quickly rose to the Vice President of the company. Soon after, he was faced with the challenge of looking into a new opportunity. He wanted to create a more efficient route to ordering products. http://www.achievement.org/autodoc/page/bez0bio-1 NEED TO TALK ABOUT SCALIBILITY!!! That he start first with books and had other product just recently “Books were the commodity for which no comprehensive mail order catalogue existed, because any such catalogue would be too big to mail; perfect for the Internet...
Words: 558 - Pages: 3
...------------------------------------------------- Jeff Bezos & amazon Biography November 8, 2014 Adil maswala: 500571747 ENT 526 - 041 PROFESSOR STEVE TISSENBAUM November 8, 2014 Adil maswala: 500571747 ENT 526 - 041 PROFESSOR STEVE TISSENBAUM Jeff Bezos and Amazon – Background and Personal Fit Jeffrey P. Bezos was born on January 12th 1964, in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgenson and his biological father, Ted Jorgenson. Their marriage lasted a little over a year. Jeffrey’s mom remarried when he was 4, with a Cuban immigrant, Mike Bezos, who was then his step-farther (bio., n/a). In his childhood, Jeff was very interested in how things worked. He turned his parent’s garage into a laboratory and rigged electrical alarms outside his room, to keep his younger siblings from entering. He was an excellent student in high school, becoming a valedictorian in his class. At a very young age, he started his own, first business called the Dream Institute which was an educational summer camp for fourth, fifth and sixth graders (bio., n/a). Bezos graduated from Princeton University in 1986, with a degree in Computer Science and Electrical Engineering, after which he worked for several firms on Wall Street. He found his wife, Mackenzie, working for and investment firm called D.E Shaw, where he was also named youngest vice president in 1990. In 1994, he took a risky move, leaving the financial industry and moving...
Words: 293 - Pages: 2
...If you have you been missing Honey Boo Boo on TV, the wait may soon be over. Entertainment Tonight, Nov. 4, 2015 reports that Alana Thompson posted the announcement on her Facebook page of their upcoming show beginning in December. They did not sign with TLC, but their program promises that people will be able to watch them in a totally real setting and no mad-up plots or scripts. The statement said, "OK for everyone it was asked if we are going to be back on TV, the answer is yes and it will be very soon." "It will not be [on the] TLC network but it will be announced as we were told with People on Tuesday. I will be able to get out more details soon but we are excited as it will air starting in December. But it will not be [a] Here Comes...
Words: 399 - Pages: 2
...Jeffrey P.Bezos : An entrepreneur leader Jeff Bezos was born in Albuquerque, New Mexico and from an early age he showed his mechanical attitude developing intense and varied scientific interests. Considering this fact, his parents sent him to a special program for gifted children, where Jeff could develop his love for gadgets (Byers, 2006). When his family moved to Florida, he discovered his ‘great passion’, computers, so he abandoned his studies in Physics and got a degree on Computer science and Electrical engineering (Sherman, 2001). After his studies, Jeff Bezos started working for Bankers Trust, and at the age of 26 he became the youngest Vice President of the company (Byers, 2006). When he noticed in 1994 that internet usage was increasing by 2300% a year (Hämäläinen & Saarinen, 2007), he started planning his next step, which was Amazon.com. Amazon made his appearance in 1995 with 3 micro stations in Bezos’ garage (Robinson, 2009) and its activity was to sell books. Today Amazon.com is one of the most preferable internet retail platform, where customers can find DVD’s, CD’s, MP3 downloads, books and toys. According to Economist (2000), Amazon.com is the most visited internet retail platform in USA and one of the top 3 in Germany, UK, France and Japan. The impact of Amazon.com Amazon.com is today the largest electronic retail worldwide (Anon., 2012). According to J. Bezos (Wired Magazine, December, 2011), Amazon is a cultural pioneer which lives to disrupt...
Words: 1967 - Pages: 8
...Jeff Bezos: Inventor of E-Commerce Biography of Jeffrey P. Bezos Chairman and CEO of Amazon.com Jeffrey P. Bezos was born on January 12, 1964 in Albuquerque, New Mexico. He displayed an outstanding mechanical aptitude, even from an early age. As a teenager, Jeffrey’s family moved to Miami, Florida. His love for computers started in his early high school years and eventually became valedictorian of his class. Furthering his education, he entered into Princeton University to study physics, but soon switched majors and graduated with a degree in computer science and electrical engineering. After graduation, Bezos started working on Wall Street for the start-up company, Fitel. After a few observations about the Internet and its trends, he decided to go out on his own and take a chance with his own company. With that, the well-known Amazon.com was born. Bezos should be looked at as an inspiration to not only other entrepreneurs out there, but to anyone who has a great idea and runs with it. Without Jeffrey’s intuition, determination, and exceptional knowledge about the Internet, Amazon.com might not be the great success that it is today. There was no Internet commerce to speak of still in 1994. One day Bezos noticed that the Internet usage was increasing by 2,300 percent a year. He saw an opportunity for a new sphere of business, and immediately began considering his possibilities. He knew the only way to seize the opportunity was to go into business for himself. He and...
Words: 767 - Pages: 4
...Jeff Bezos Jeff Bezos founder of Amazon.com was born Jeffrey Preston Jorgensen January 12, 1964 in Albuquerque, New Mexico to Jacklyn Gise Jorgensen and Ted Jorgensen who were married just over a year. His mother was a teenage mother who later married when Jeff was five to Miguel Bezos who legally adopted him. Miguel Bezos was born in Cuba immigrated to the United States alone at age 15, worked his way through the University of Albuquerque. After the marriage, the family moved to Houston, Texas, and Miguel became an engineer for Exxon. Jeff attended River Oaks Elementary in Houston from 4th to 6th grade. His maternal grandfather was a retired regional director of the U. S. Atomic Energy Commission in Albuquerque, New Mexico. Jeff Bezos spent most of his summer of his youth working with his maternal grandfather at the ranch where his grandfather retired to. He showed intense and varied scientific interests at an early age by rigging an electric alarm to keep his younger siblings out of his room as well as making the garage into a science laboratory for his projects. Later his family moved to Miami, Florida where he attended high School at Miami Palmetto Senior High School. While in high school he participated in the student’s science training program at the University of Florida which helped him receive a Silver Knight Award in 1982. When he enrolled at Princeton University he planned to pursue a degree in physics which he later changed to Electrical Engineering and Computer...
Words: 741 - Pages: 3
...F11MANA3001 Jeff Bezos 104 Get your Wikispaces Classroom now: (https://www.wikispaces.com/t/y/classroomswitch/banner/1/) the easiest way to manage your class. Jeff Bezos 104 (/Jeff+Bezos+104) Edit 35 (/Jeff+Bezos+104#discussion) 25 (/page/history/Jeff+Bezos+104) … (/page/menu/Jeff+Bezos+104) Jeff Bezos It takes a lot of guts to leave the comforts of your stable job on Wall Street, then move your family halfway across the country and invest all of your parents’ life savings to start up a new business with merely a 10% chance of success. However, Jeffrey Preston Bezos, later wellknown as “Jeff” Bezos, decided to make the gamble. “I knew that if I failed I wouldn’t regret that, but I knew one thing I would regret is not trying.” With this philosophy in mind, Bezos created Amazon.com in 1995. Initially, Amazon was just an online bookstore. Over the years though, Amazon diversified its merchandizes and began to sell DVDs, videos, MP3 players, video games and electronics, etc. The humble business, which kicked off in Bezos’s garage, has become a giant online retailer today, shipping a vast range of products to customers around the world. The inspiration for Amazon sparked off when Bezos discovered an amazing phenomenon: internet usage was increasing by 2300% a year. This statistic set off an alarm in his head. He began to brainstorm ideas on how to build a business plan around this growing industry. After doing some research, Bezos decided that books would be the ...
Words: 3474 - Pages: 14
...Amazon’s growth and diversification of business and specialization, and make recommendations about what Amazon could have done differently.) When asked to discuss the pros and cons of Amazon’s growth and diversification of business and specialization, one finds it difficult to criticize Amazon for anything they have done so far. Amazon is leading the way in terms of growth and diversification. Amazon has a solid business plan and mission statement in place which they strive to adhere to at all times and at all costs. Jeffrey Bezos, founder and CEO of Amazon, is straight-forward in his approach to the shareholders as well as his customers, employees and business partners. Mr. Bezos initially began his company in 1994 with a business plan that initially “was unusual: the company did not expect a profit for four to five years. Its "slow" growth provoked stockholder complaints that the company was not reaching profitability fast enough” (Unknown, 2011). Bezos stuck to his guns by insisting that profit was not the main focus in the early years. Eventually, in late 2001, the company saw its first profit. In...
Words: 2424 - Pages: 10
...Jeff Bezos, founder of Amazon.com Life and work story of Jeff Bezos Career Pathways Period of Time Came to this new-established firm after graduate from university Fitel 1986 1990 Worked as a computer science specialist then pointed as a senior vice president D. E. Shaw & Co. 2013 Purchased the newspaper section for $250 million cash of TWP The Washington Post Introduced Amazon.com to public and successfully made $20,000 sales in a week and kept improving the site till now Amazon 1995 2007 Establish an aerospace company, which is aiming to build up human existence in outer space by developing new technology in space flight Blue Origin Jeff bezos was born in Albuquerque, New Mexico on 12th January 1964 with full name of Jeffrey Preston Bezos. He ever turned his parents’ garage into a laboratory and makes cordage of electrical contraptions around house. He pursued his interest by studying computer science and electrical engineering at Princeton University, New Jersey, United States. On that time, computer science was in high demand to study market trends. Being graduated from university, Bezos started to work in Fitel, new firm that tried to establish network for international trade. Then he was hired by D. E. Shaw & Co., a global investment firm based in New York City, America and shortly he became a senior vice president in 1990. On July 16, 1995, Bezos opened Amazon.com, named from the South American river which has endlessly...
Words: 1767 - Pages: 8
...Introduction Jeffrey Preston "Jeff" Bezos is an American business magnate and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales. In 2013, Bezos purchased The Washington Post newspaper. Background Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen. Bezos's parents were married less than a year, and when Bezos was four years old his mother married his step-father Mike Bezos, a Cuban immigrant. As a child, Jeff Bezos showed an early interest in how things work, turning his parents' garage into a laboratory and rigging electrical contraptions around his house. As a teenager, his family moved to Miami where he developed a love for computers and excelled in school, becoming the valedictorian of his class. While in high school, he attended the Student Science Training Program at the University of Florida, receiving a Silver Knight Award in 1982. In high school, he also started his first business, the Dream Institute, an educational summer camp for fourth, fifth and sixth graders. Bezos pursued his interest in computers at Princeton University, where he graduated summa cum laude in 1986 with a Bachelor of Science...
Words: 2627 - Pages: 11
...Amazon.com Evolution Team B October 2, 2010 BIS/219: BUSINESS INFORMATION SYSTEMS Instructor Mohamed Hassan Axia College of University of Phoenix Amazon.com Evolution Less than two decades ago a man named Jeff Bezos had a vision of selling books online, and that he did. Amazon.com was established and started selling books online quite well. Since then, Amazon has become the largest online retailer selling a wide variety of products and services. In the past few years, the e-commerce company has become more than just a leading retail giant; it has become a technological platform. Even though Amazon is the largest online retailer, it still has competition and has to produce innovative ideas and advanced technological strategies to compete with the other online giants. Amazon.com is no longer just a place to purchase books online; it is becoming a one-stop-shop for consumers and businesses alike. Amazon is a fortune 500 E-commerce retail company that includes business to business as well as business to customer relations. Amazon was founded by Jeffrey P. Bezos, previously a financial analyst for the New York hedge fund D.E. Shaw & Company, who in 1994 started a wild business plan to become the world’s biggest book store (NY Times, 2010). In July 1995 Amazon.com was born and people were able to purchase their books online. The website started out with the goal to be the Earth’s biggest bookstore offering books, music and movies. Since the...
Words: 1170 - Pages: 5
...customer base. Jeff Bezos, the founder of Amazon, had great confidence in the World Wide Web even before the dot.com boom. He used the internet as the core of Amazon's business model. Amazon customers are able to search inside the book before buying it, read customer ratings on products of interest, and purchase products at low prices. Amazon initial target market is an online book consumers, proved to be very lucrative. In addition, the expansion into more diverse product offerings beyond books, such as music, DVD & video, toys, electronics, home improvement and auctions only served to increase the company’s product list. Branching into other areas such as automotive, apparel, jewelry, office equipment, and recreational merchandise, to name a few, is necessary to achieve Amazon’s goal of providing every type of product. Amazon has identified an aggressive marketing strategy to broaden the companies target market, expand the product positioning to all consumer goods, focus distribution outlets through the top ten web sites and price items at a low but profitable margin. Determine the impact if Amazon.com had split up and become a family of brands (for example, “Amazon” for books, “Supertoys” for toys, etc.), each with a different public face but all run by the same parent company. After reading Amazon ‘s letter to shareholder, annual report and proxy statement have convince me into their ability to be successful even if they spit up. Jeff Bezos said “Invention is in...
Words: 655 - Pages: 3
...Buyers 2.3 Rivalry Among Existing Competitors 2.4 Bargaining Power of Suppliers 2.5 Threat of Substitute Products or Services 3. Amazon’s Value Chain 4. Conclusion 5. References Case Report - Amazon 1. AMAZON IN BRIEF Amazon.com, an American company, started the journey 1994 in a small garage based in Seattle, Washington. Today, twenty years later Amazon has become the world's largest web retailer with a predicted revenue around $100 billion in 2014. The founder Jeffrey Bezos, a former Wall Street broker, started Amazon.com by selling books online from the garage in Seattle through the website Amazon.com; With a mission to provide everything for everyone. The company is one of the most customer-centric company in the world and every decision taken by Amazon, started with the key question; What is the value for the customer? - to provide the costumer with the best possible experience of Amazon. Jeffrey Bezos did not care about profit or return to the shareholders; the main focus has always been to provide the costumers with the most enjoyable experience. By offering a wide range of products and services to the lowest possible price and a fast and convenient delivery. Over the years, the selection of products and services have expanded enormously from just books to provide the customer with almost everything. Amazon has today the biggest selection on Earth’s. In the case report, a closer look on the current situation of Amazon's...
Words: 1690 - Pages: 7
...Copyright Act of 1976, the scanning, uploading, and electronic sharing of any part of this book without the permission of the publisher is unlawful piracy and theft of the author’s intellectual property. If you would like to use material from the book (other than for review purposes), prior written permission must be obtained by contacting the publisher at permissions@hbgusa.com. Thank you for your support of the author’s rights. For Isabella and Calista Stone When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices. —Jeff Bezos, commencement speech at Princeton University, May 30, 2010 Prologue In the early 1970s, an industrious advertising executive named Julie Ray became fascinated with an unconventional public-school program for gifted children in Houston, Texas. Her son was among the first students enrolled in what would later be called the Vanguard program, which stoked creativity and independence in its students and nurtured expansive, outside-the-box thinking. Ray grew so enamored with the curriculum and the community of enthusiastic teachers and parents that she set out to research similar schools around the state with an eye toward writing a book about Texas’s fledgling gifted-education movement. A few years later, after her son had moved on to junior...
Words: 120163 - Pages: 481
