Several exciting innovations helped the company march ahead of its competitors. His efforts bore fruit, and soon emerged as the front runner in the field of e-shopping and e-commerce. Jeff had to undertake several measures to minimize the costs and maximize the profits. Jeff wanted to cash in on this idea before others too identified this opportunity.Ī had high initial sales, but suffered losses in its first few years due to maintenance costs. Books were easy to acquire, and catered to the taste of millions and billions of people across the globe. Jeff had conceptualized an online book-store, and he was keen to put his ideas into practice. The internet was in boom then and he sensed a huge potential with the growth of the World Wide Web. The book narrates the story of Jeff Bezos, who quit his lucrative job as Senior Vice President in a prominent New York investment company the reason – he wanted to start a venture of his own. Sara Gilbert, the author, brings forth the origin and rise of, specifying key milestones that shaped the company and made it a market leader in its domain. The Story of, one of the offerings in this series, narrates the tale of the largest e-commerce site that is ruling the roost today.
#The story of your life amazon series#
Jaico comes forward with its Young Readers Series to satiate our aspiring minds. We all love to read stories that motivate, and inculcate within us the desire to excel. They provide us with the courage to take risks and steer safely through challenges. They make us live, and believe in the goodness of fate. Sara Gilbert, the a Inspirations drive the world. amazon tought everyone that withe hard work and determination, anything is possible.more As amazon continued to grow, it not only could sell almost everything, Amazon introduced many gadgets such as the kindle and alexa. It seemed things began to go back up again, and in 2004, they made their first profit. He laid off 13 hundred employees and cut wages. So he had to be "Mean Bezos" to save his company from going into any more debt. The costs of those were more than how much the company was actually making. Because as his company grew, he needed bigger buildings to hold more employees and equipment. All was going very smooth (not really), but amazon still hadn't made profit yet. Once he was big enough, venture capitalists began to invest in amazon and Jeff Bezos made the amazon stock and it went public. The cycle repeated, once the business grew bigger, he hired more people and moved to a even bigger building. From there on, Bezos business grew really fast and he began hiring people, he then moved to a bigger building. The website exploded, and Jeff made lots of money, probably because no one had attempted to sell books online. The story of was created when a small businessman named Jeff Bezos decided to sell books, online. The cycle repeated, once the business grew bigger, he hired more people and moved to a eve There is plenty of information in there that I definitely did not know before. There is plenty of information in there that I definitely did not know before.
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