2. Overview
• Who is Entrepreneur
• Qualities of an entrepreneur
• About Entrepreneur
• Introduction of the company
• Amazon Stats
• How Amazon Got Started
• Inspiration
• Obstacles To Start
• Starting Capital
• Years to profitability
• Subsidiaries
• Reasons for success
• Corporate Social Responsibility
(CSR)
• Lessons for followers
3. Who is Entrepreneur ???
• A person who sets up a business or businesses
,taking on financial risks is the hope of profit .
4. Qualities of an entrepreneur
1.Disciplined
2.Confidence
3.Open minded
4.self starter
5.Competetive
6. Full name:
Jeffrey Preston Jorgensen
Date of birth:
January 12, 1964
Place of birth: Albuquerque,
New Mexico, U.S.
Residence: Seattle,
Washington, U.S.
Nationality: American
Occupation: Founder,
Chairman & CEO of
Amazon.com
7. Introduction
This startup story features Jeffrey P. Bezos,
the innovative founder of Amazon.
The company, which now generates over $61 Billion in Revenue
holds the title as the world’s largest online retailer,
was started out of Bezos’s garage at 30 years old.
8. Amazon Stats
• Industry: Online Retailing
• Annual Revenue: $61.09 Billion
• No of Employees: 97,000
• Famous For: Being the world’s largest online
retailer
10. • The year was 94′ and Bezos was working
diligently on Wall Street.
• At 30 years old, he began to see the internet
revolution take place.
• Made the decision to quit his job and start an
internet company.
11. • After making a list of the ‘top 20′ products
• he decided on books.
• because of their low cost and universal
demand.
12. Inspiration
• The 18-year-old Bezos
“said he wanted to build
space hotels,
amusement parks and
colonies for 2 million or
3 million people who
would be in orbit.”
13. OBSTACLES TO START
• 1. Brand quality, not branding
• 2. Premiumisation
• 3. A narrow subscriber base
• 4. Loyalty
• 5. A competitive market
14. Starting Capital
• The first initial start-up capital for Amazon came primarily
from his parents.
• And invested a large fraction of their life savings in what
became Amazon.
• Amazon raised a series A of $8M from Kleiner Perkins
Caufield & Byers in 1995.
• In 1997, Amazon went public to raise additional capital
17. Reasons for success
• Innovation
• Customer Service
• Execution
• Diversification
• Outstanding User Experiences
• Merging Design With Content
• An “In It To Win It” Mindset
18. Corporate Social Responsibility (CSR)
• Amazon Supporting Local Communities
• Amazon Educating And Empowering Workers
• Energy Consumption By Amazon
• Other Amazon CSR Initiatives And Charitable
Donations
19. Lessons for followers
• Be Stubborn and Flexible
• Never Stop Experimenting
• Be Willing to Invent
• Think Long Term
• Obsess About Customers
• Identify and Remove Risk
• Ask what the customer wants, then overdeliver.
• Don’t have a plan, have a vision
