JEFF BEZOS'S TOP 10 THINKING WHO MADE JEFF BEZOS BILLIONER.

JEFF BEZOS'S TOP 10 THINKING WHO MADE JEFF BEZOS BILLIONER.

        Hello friends. Today, in this article we will talk about JEFF BEZOS'S TOP 10 THINKING WHO MADE JEFF BEZOS BILLIONER. I am your friend Jaypal Thakor. In today's article, we will talk about the world's richest person who has crossed over his net worth Centibillion. [Centibillion means 100 billion.]

Friends today we will talk about Jeff Bezos. Friends, you all know Jeff Bezos is the world's richest man.

     

        Friends Jeff Bezos have become the world's richest man Their earnings have reached 141 billion dollars and they have become the world's first Centibillionaire. Jeff Bezos is such a big net worth. If we add the GDP of 125 countries, then the only one of them is Jeff Bezos's Networth.

        Friends, how can a man be so intelligent, so much money? Who started from a garage and how can it reach here today? If you want to know, then read this article whole.

        In this article, I will tell you about 10 such things about Jeff Bezos. Who made Jeff Bezos out of poverty and became the richest person in the world. What kind of strategy does he have, what kind of mindset and some will have their thought process which we do not know? Friends, today I will tell you all about in this article.

        Jeff Bezos was born in January 1964. When he was born, his mother was only 17 years old. At that time his mother used to study in school. It was only after he was born that he had learned to read too soon. In a very short time, in 1990, he had become Vice President of Merchant Bank.

        Jeff Bezos was a victim of something different from his childhood. When they were thinking they realized that the time of online marketing was coming in the future, they immediately left the job of the Vice President in the bank. And started up your company. That company's name was kept AMAZON.

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==>> 10 Things About Jeff Bezos

(1) . Customers Is The King And I Am The           Server

Friends Jeff Bezos considered his client the king and himself as his servant. Jeff Bezos used to show his client the same behavior as the king.

They kept only two ideas about their customers.

 (1) What the customer likes.

(2) What does the customer dislike.

Jeff Bezos gave importance to these two things 100%. Not that they just look at their choice. And do not look down on their dislikes.

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(2). Expect More From His Employees

Jeff Bezos keeps very expactation from his employees. They keep on expactation, but at the same time they also scold and do the same. Yet they never apologize to anyone.

Jeff Bezos says that my five lakh employees are about to take care of my 16 million customers. Because the customer is my King.

Do you know today Amazon is also known for bean de delivery if you order in the morning, order is delivered till noon. You can not even give a ration shop to your side. Even more than that, the Amazon company has given it.

(3). Make Decision With 70% Of The                    Information

Friends, this is the most important thing. Jeff Bezos says that "if you have 70% of information, then start small, if you wait for 90% or 95% information collected, you are probably slowing down."

Friends, when Amazon Prime was now imagined. Only then and only 111 days after imagination was launched. There were many collisions and modes in the way of starting it? Of course, but the way to make fast decisions is how do you advance from the competition till you wait for the right information, it will be too late.

(4). Don't Let The Process Kill The                       Progress

You might have noticed that in the company it becomes processed that their progress stops. No new changes are found. But Jeff Bezos says, "What do you like your customer to build new ideas, new tests, new innovation, new method, some alternative method, creativity, new solution, something new. ". What happened to Jeff Bezos by doing all this? Their process continued but progress has doubled.

(5). Ignore The Competition

Many businesses get caught up in what others do. More often than not, this causes them to copy their competition. In reality, serving the customer should always come first. This is how you innovate and succeed. As Jeff Bezos says , this is how Amazon Prime came to be. “Even when they don’t yet know it, customers want something better, and your desire to delight customers will drive you to invent on their behalf. No customer ever asked Amazon to create the Prime membership program, but it sure turns out they wanted it.”

(6). Long Term Vision

When Amazon started, people began investing money in it. Everyone asked Jeff Bezos: "When will profit come?" Then Jeff Bezos gave a very good answer. He used to say "I want short term profit not long term profit". They used to design them for the next 3 months, keeping in mind the vision of not 3 months but 3 years.

Jeff Bezos says, " Our Vision Is To Use This Platform To Build Earth's Most Customers Centric Company.

A Place Where Customers Can Come To Find And Discover Anything And Everything They Might Want To Buy Online".

(7). Complexify The Simple & Simplify             The Complex

Friends are getting two types of entrepreneurs now a days.

(1) complexify the simple

(2) simplify the complex

If we talk about complexify the simple, then people like Mark Zuckerberg, Elon Musk and Jeff Bezos come in. They can also explain complex things like complexify and even show them.

There are other companies which are very jambled in the roundabout to show them something bigger, and they make things even simpler, they lack clarity.

(8). Take The 10% Chance

Jeff Bezos says, "Given a 10% chance of a 100-times payout, you should take that bet every time.” Those aren’t impossible odds! You need to make bold business decisions to achieve big success. You won’t always succeed, but you can still learn things to help you achieve that big payout in the future. For example, Amazon Marketplace failed in its first two launch attempts. The third time, it worked. It has since grown to contribute to almost half of Amazon’s sales.

(9).  Every Employees Has A Hidden Owner Within

When Jeff Bezos wrote letters to all the employees for the first time, their company used to have only 614 employees, but today, more than five million employees, Jeff Bezos said, "When every employee creates an owner, then the company's speed Otherwise, the company will be slow, we do not want a servant in our company, the job is done by the people, we want the owner for the company."

(10). Become A Master Of Failure

Fear of making bad decisions often keeps companies from innovating. But as Bezos has said, “If you’re good at course correcting, being wrong may be less costly than you think.” Learn to fail fast and cheap, and correcting bad decisions won't be a problem. This will help you learn and achieve better results in the future. Felix Odigie, CEO and founder of occasions station adds, “Any failure is an opportunity to build toward bigger and better things. Why did that product fail? How could I have done better? Find answers to these questions and learn from them to set yourself up.

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