THE LIFE AND
OF JEFF BEZOS
271234 Gaurav Pawar
271249 Priya Rajkondawar
A company shouldn't get addicted to
being shiny, because shiny doesn't last.
If you never want to be criticized, for
goodness' sake don't do anything new.
Invention requires a long-term
willingness to be misunderstood.
Jeff was born in 1964 to 19
year-old year old Jackie Bezos
and 20-year-old Mike Bezos,
an adopted father.
"The reality, as far as I'm concerned, is
that my Dad is my natural father. The only
time I ever think about it, genuinely, is
when a doctor asks me to fill out a
form," Jeff told Wired in 1999.
Lawrence Preston "Pop" Gise worked in the
space industry and supervised 26,000
his grandfather taught him how "its harder
to be kind then clever."
castrating cattle and doing other farmwork.
It wasn't all field work, though. Jeff's
grandfather was huge role model in his life.
He joined a youth pee wee football team.
Was made captain in a couple weeks because
he was the only kid who could remember all
In school, Jeff told teachers "the future of
mankind is not on this planet.”
Years later, Jeff owns a space exploration
company called Blue Origin.
• As a teenager, Jeff worked for a summer at a McDonald's. He hated it.
• So the next summer, Jeff and his girlfriend created a education camp
for younger kids. They charged $600 a pop.
M.Sc in Elect. &
1st Job: @ Fizel, a
D.E. Shaw’s Hedge
Fund… Associate to
A TO Z
Jeff, along with Shel Kaplan, built Amazon.com in a garage
Amazon's initial public offering went nuts in 1997, of course…
It turned sour in 2000- Amazon.bomb
But it survived due to 2 things:
- Jeff’s long term Vision
Amazon.com has expanded beyond selling books, to selling almost
everything, including music, video, and even its own gadget, the
Amazon Kindle. By 2009, Amazon was up 5000% since its IPO.
It stands @$29.7 billion of net worth today
JEFF’S half dozen
6 1. Be stubborn && flexible
2. Stick with 2 Pizzas
3. Be Willing to Invent
10,000 year clock / Blue Origin space company/ His patentedairbag
system for phones/ solar cooker he invented
4. Think Long Term
‘Whats the internet’ to ‘Amazon: Global’
5. Base Your Strategy on Things That Won’t Change
Whats not going to change in the next 10 years?
6. Get Started Now to Avoid Regret Later
Regret Minimization Framework.
The book mentioned him to be ‘friendly but serious’ and ‘not particularly gifted in leadership’
Jeff almost quit BANKER’S TRUST job to found a news-by-fax service startup with Halsey Minor, who would later found CNET
He wanted a woman who could "get me out of a Third World Prison.“
He eventually married an office-mate named Mackenzie. She's now a novelist and mother to 4.
Bezos and Kaplan set up a bell to ring every time Amazon.com made a sale.
vision, details https://blog.kissmetrics.com/lessons-from-jeff-bezos/
5-7 people can work wonders in innovation, autonomous ways
Everything Place= Amazon; offers/
6. To weigh options, old cool job against amazon’s risk