Jeff bezos reveals 3 strategies for amazons success

Share to Twitter Share to Linkedin On Wednesday evening, hours after the stock markets had closed, Amazon founder and Chief Executive Jeff Bezos filed paperwork with the Securities and Exchange Commission that showed he had sold $1.8 billion worth of Amazon shares over the final three days of July. After taxes, he will net about $1.4 billion. Bezos sold slightly more than 900,000 shares of Amazon between July 29 and July 31, when the e-commerce behemoth’s stock price was around $1,900 a share. He still retains his title of world’s richest person, now with a net worth that Forbes calculates at $116 billion, using Wednesday’s closing share price for Amazon. Of that, about $108 billion comes from the shares of Amazon he owns. The new filings also show that Bezos has given his ex-wife, MacKenzie, 25% of his Amazon stake, or 19.7 million shares. Jeff Bezos will continue to exercise voting control over the shares of Amazon he transferred to his wife, according … [Read more...] about Jeff Bezos Sells About $1.8 Billion Worth of Amazon Shares in Three Days

There's a new Jeff Bezos biopic set to be released this summer that chronicles the Amazon kingpin's endeavor to create an online book store that eventually expanded into an e-commerce empire. Curious entrepreneurs may want to tune in if interested in a small taste of Amazon's beginnings . The biopic, dubbed Bezos , attempts to map out the early days of Amazon by following the challenges faced by the entrepreneur, played by Armando Gutierrez, in the aftermath of quitting his job at the New York-based fund D.E. Shaw. Viewers are reminded of the pain points that any young startup founder may face: access to capital, work/life balance, and poor compensation. A media representative for the film says that Bezos is based on Zero to Hero , written by Tashena Ebanks, which "was created for young readers to inspire them regarding entrepreneurship." While Bezos is most certainly not an Academy Awards contender, it does offer lessons for emerging entrepreneurs. Here … [Read more...] about New Jeff Bezos Movie Reminds Entrepreneurs of 3 Key Lessons When First Starting Out

Share to Twitter Share to Linkedin By Nathan Resnick Sending out a press release is a great way to get significant attention for your company. While the majority of journalists use press releases as a source for news, standing out in today’s digital environment can be difficult. Some news outlets receive hundreds of press releases in a single day—so it shouldn’t be surprising that 70% of journalists spend less than a minute reading each one. You don’t have much time to make an impression and get that coveted press coverage for your brand. Putting in some extra work to make sure the press release will be a smashing success before you send it out can make all the difference. What makes a great press release? 1. Your content is truly newsworthy This is the first big test: Is the topic of your press release actually newsworthy? Is it something that journalists—and the wider audience they serve—will care about? In many ways, … [Read more...] about 4 Signs Your Latest Press Release Will Be A Success

Mark is incredibly smart. He's sharp. He's educated. He pattern matches like nobody's business. Show him a problem -- any problem -- and he can quickly solve it. Yet for a long time he was, in his own words, a terrible entrepreneur . What does he credit to helping him turn the startup corner? The day he stopped only asking people in his network for advice on growth strategies, attracting financing, or brand positioning. And started asking for advice on how to manage people . Turns out his intuition is backed up by science. According to a recently published National Bureau of Economic Research working paper, entrepreneurs who received advice from peers with an active approach to managing people -- like consistently setting goals and tracking performance, providing frequent feedback, and coordinating across people, teams, and tasks -- grew 28 percent larger and were 10 percentage points less likely to fail . Makes sense, especially in startups … [Read more...] about Want to Dramatically Increase Your Chances for Startup Success? Science Says Ask for a Specific Kind of Advice

It all started years ago, when I first learned my wife and I were going to be parents : I began collecting science-based parenting advice , both here on Inc.com and in my continuously updated (free) e-book, How to Raise Successful Kids , now in its 7th edition. Here are seven of the most interesting and useful studies that I've found, along with the habits they find successful parents often practice: 1.    Teach kids to take pride in their effort, not their gifts. Of all the advice I've shared over the years, this is the habit that prompts the most replies -- not from parents who don't think it works, but from adults who realize how much sense it makes, and how much they wished their parents had practiced it. Bottom line: Don't praise your kids for their gifts. Praise them instead for their efforts. In other words, not this: "Sally, you're so good at math!" Or else, "Ethan, you're such a fast runner!" Instead: "I'm proud of how hard you … [Read more...] about Want to Raise Successful Kids? Science Says These 7 Habits Lead to Incredible Outcomes

Share to Twitter Share to Linkedin Amazon AMZN Prime will add dozens of new movies over the course of this weekend. Which begs the question: What film do I watch? Hopefully I can help. Here I’ve compiled some of the most intriguing options available. And at the end of the article, you can find a full list of every new movie (and TV show) added to Amazon this weekend. House of Gucci When Patrizia Reggiani, an outsider from humble beginnings, marries into the Gucci family, her unbridled ambition begins to unravel the family legacy and triggers a reckless spiral of betrayal, decadence, revenge — and ultimately murder. Ali With wit and athletic genius, with defiant rage and inner grace, Muhammad Ali forever changed the American landscape. Fighting all comers, Ali took on the law, conventions, the status quo and the war — as well as the fists in front of him. Ali both ignited and mirrored the conflicts of his time and ours to become … [Read more...] about The Best New Movies To Stream On Amazon This Weekend

Share to Twitter Share to Linkedin More than 40 top organizations share how they’re using data to be more profitable, innovative and resilient. Savvy leaders know when to reroute or to stay the course. Forward-focused organizations that successfully steered their way through the past couple years’ ever-shifting headwinds kept data as their North Star to become more agile and competitive. Their innovative responses to the world’s challenges made headlines as executive, security, IT and DevOps teams refactored business models, safeguarded systems and delivered fresh digital experiences to customers. Leading organizations have uncovered the secret to using data to unlock innovation, enhance security and drive resilience: Splunk. While use cases and applications may look different for every company, there are a few key areas where data is the consistent difference between flourishing and faltering: Proactive security: Premier organizations like … [Read more...] about Forging The Future: Data Innovators Reveal Their Stories

Share to Twitter Share to Linkedin How do you run a successful NGO? originally appeared on Quora : the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Sarah Evans, Founder of Well Aware and Well Beyond, on Quora : Having started two companies, one NGO and one company serving NGO’s, I’m asked this often. It’s so important to first study the area of philanthropy in which the NGO is being launched or scaled. Understanding what is already being done, what is yielding success, what is resulting in failure, and where organizations are trending helps reveal the path to meeting the mission with less friction. Another key factor that I have observed in NGO achievements is an excellent team culture. As with any company, culture can make or break your business. Particularly in NGO work, where benefits and resources are typically less, culture can play a role in … [Read more...] about How To Successfully Run A Non-Government Organization

Bhawna Sangwan, Chief Legal and Strategy Officer, Slice Card-led lending platform Slice has appointed former Amazon Pay Director and Associate General Counsel Bhawna Sangwan as its Chief Legal and Strategy Officer amidst increasing challenges to its business model after the Reserve Bank of India (RBI) asked fintechs to stop lending through prepaid cards and wallets. Sangwan has over 17 years of experience in corporate law and started her career at GE where she was instrumental in leading the compliance programme. Prior to joining Amazon Pay, she was part of Bharti Airtel's legal and compliance team. "At Airtel, she played a significant role in acquiring a payments license in 2009, took part in multiple M&A  deals, and was also one of the founding members of Airtel Money in 2008," a statement by Slice said. At Amazon Pay, Sangwan played a key role in building the fintech arm of Amazon in India - including bill payments, UPI, launched a variety of products ranging … [Read more...] about Slice appoints former Amazon Pay Director as legal chief amid new regulatory challenges

In the late 1990s, when I was running the strategy group at HP, we invited Clayton Christensen , the Harvard professor who wrote The Innovator's Dilemma and popularized the term " disruptive innovation ," to speak to us. We asked him a simple question: "How do you do disruptive innovation?" His answer surprised me: "I don't know how, I just know how to describe it." Christensen described it well. He shared compelling examples. He argued that companies, and entire industries, can be "disrupted" by unforeseen competitors -- new players that deliver products at a fraction of the cost as current options yet still meet the most important customer needs. The result? Customers leave the old way of doing things and move to the new. Existing leaders die. New leaders prevail. Disruption occurs. Although I left HP a few years after that, Christensen's words stuck with me. Disruptive Innovation is Business' Biggest Paradigm Just about everyone wants … [Read more...] about Why Disruptive Innovation Doesn’t Work and What Strategy to Use Instead