Of the many entrepreneurs that have succeeded in their ventures, Jeff Bezos stands in a class of his own. His major claim to fame is being the founder and CEO of Amazon.com, which first started as an online bookstore, and then proceeded to expand into other products. Amazon.com eventually became the largest retailer on the Internet and a prime example for e-commerce.
Bezos was born Jeffrey Preston Jorgensen in Albuquerque, New Mexico. His mother divorced his father shortly after his birth, and later married Miguel Bezos, who legally adopted Jeff after the marriage. As a young boy, Jeff Bezos showed in interest in science. One of his earliest science projects was rigging an electric alarm to keep his siblings out of his room. The family moved to Miami where Bezos attended high school and was valedictorian.
Anyone who is planning on starting their own business who has done the least bit of research has heard the importance of having a good business plan. And the truth is that this point cannot be reiterated enough.
A business plan is not only invaluable once you start your business, but it also helps you plan for the eventualities your business will encounter. While you might be anxious to get your business started, make sure your business plan is solid before taking any steps.
Bezos wrote up the plans for Amazon.com while making a cross-country drive from New York to Seattle. He literally started the company in his garage and left his high paying job at a New York hedge fund when he learned about the increased growth in Internet use.
The recent Supreme Court ruling that exempted online retailers from having to collect sales taxes from states where they did not have a physical presence caused his to move to Washington, since the lower population would reduce the amount of people that would need to pay sales tax.
Starting your own business is a unique experience; one that can only be accurately described by those who have already done it. And contrary to popular belief, you don't necessarily need a business degree from Cheyenne in order to succeed.
Bezos' genius had a large part to play in the reason why Amazon succeeded. He devised an unconventional business plan which did not expect to make a profit for around four to five years. Stockholders initially complained about this slow growth model, but after Amazon survived the burst of the dot-com bubble at the turn of the century, it became a massive name in online sales.
They can help you know what steps you should take and how to avoid mistakes that they made during their own experience. More than anything else, it helps to build a support network of people who know what you will be going through and how to help. So don't be shy, ask around.
Bezos was born Jeffrey Preston Jorgensen in Albuquerque, New Mexico. His mother divorced his father shortly after his birth, and later married Miguel Bezos, who legally adopted Jeff after the marriage. As a young boy, Jeff Bezos showed in interest in science. One of his earliest science projects was rigging an electric alarm to keep his siblings out of his room. The family moved to Miami where Bezos attended high school and was valedictorian.
Anyone who is planning on starting their own business who has done the least bit of research has heard the importance of having a good business plan. And the truth is that this point cannot be reiterated enough.
A business plan is not only invaluable once you start your business, but it also helps you plan for the eventualities your business will encounter. While you might be anxious to get your business started, make sure your business plan is solid before taking any steps.
Bezos wrote up the plans for Amazon.com while making a cross-country drive from New York to Seattle. He literally started the company in his garage and left his high paying job at a New York hedge fund when he learned about the increased growth in Internet use.
The recent Supreme Court ruling that exempted online retailers from having to collect sales taxes from states where they did not have a physical presence caused his to move to Washington, since the lower population would reduce the amount of people that would need to pay sales tax.
Starting your own business is a unique experience; one that can only be accurately described by those who have already done it. And contrary to popular belief, you don't necessarily need a business degree from Cheyenne in order to succeed.
Bezos' genius had a large part to play in the reason why Amazon succeeded. He devised an unconventional business plan which did not expect to make a profit for around four to five years. Stockholders initially complained about this slow growth model, but after Amazon survived the burst of the dot-com bubble at the turn of the century, it became a massive name in online sales.
They can help you know what steps you should take and how to avoid mistakes that they made during their own experience. More than anything else, it helps to build a support network of people who know what you will be going through and how to help. So don't be shy, ask around.
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At College America, our college programs are designed to provide the real-world knowledge and skills necessary to begin your career with a Degree in Business administration to start or advance a career in today's difficult marketplace with a college degree.
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