Tips for decision-making by the richest man in the world: Jeff Bezos

Jeffrey Preston Bezos is an American businessman. He is the founder and CEO of Amazon. In 2015 he was the fifth richest man in the world, and in 2017 he reached the top of the Forbes list.

In mid-2018 he held the position of the richest person in the world, being the first person to exceed 100 billion dollars. Currently his fortune is close to the figure of 150 billion being the entrepreneur who has increased his fortune.

Jeff was born in Albuquerque in 1964, four years later his father abandoned them and his mother married a Cuban immigrant named Miguel "Mike" Bezos whose family came from Villafrechós (Valladolid).

From the age of 3, her mother insisted on studying at a Montessori school, as did the founders of Google, founder of Wikipedia or even Henry Ford. Years later, Bezos decided to study electronic engineering and communication at Princeton and when he graduated he decided to move to New York to work on Wall Street.

Finally in 1995 the web amazon.com is launched and very quickly, just a few months later, they receive an investment of $ 8 million KPCB, so Amazon went public and KPCB multiplied by 55,000%. The web followed the style of those that existed at that time: gray background with links underlined in blue.

In Washington DC, the largest event of the Economic Club of the city is held annually. This year, it featured the participation of Jeff Bezos, who in front of an audience of 1,400 people spoke about how he became the business legend he is today.

In the 32nd edition of the ranking of the richest people in the world, Jeff Bezos unseated Bill Gates for the first time in 24 years. The founder of the electronic commerce platform Amazon accumulates 112,000 million dollars with what became the richest in history.

In this week, Bezos revealed details of his routine, lessons he has learned and several secrets that have helped him build his business emporium.

Apart from Amazon, the American owns emporiums such as The Washington Post and Blue Origin, a company that specializes in aerospace transport, with which he plans to build buildings in the space for the life of the future.

All this would not have been possible without your insight to make decisions , so if you want to continue your way, we leave here your advice:

"I go to sleep early and I also get up early because I like to play golf in the morning. Then I read the newspaper and I share breakfast with my children, "said the businessman.

With respect to his strategy to make good decisions, Bezos does the most important thing of the day in the morning and leaves the least key in the afternoon hours.

"Mr. Bezos prefers to schedule meetings that require high intelligence before lunch and finishes making all important decisions before 5:00 p.m."

According to Bezos, a person who occupies this type of position must make few decisions of high quality and for that it is necessary to sleep at least eight hours a day. "It's better, I have more energy and my mood is better," explained the businessman.

The employer is very careful with his time to sleep, ensuring that this keeps his head cool for everything that comes his way in his routine.

Amazon is the new "club trillion", but it was not always like that. This powerful company started as a very small online book store, Bezos himself made deals at that time, but with much effort and intelligence, today with Apple, has one of the largest valuations in the history of the United States stock market .

"Everything I've done has started small. Amazon only had a couple of employees. It must be difficult for them to remember it, but for me it is as if it were yesterday when I sent packages to the post office in the hope of being able to pay for the forklift. "

Although he did not know anything about media, he assumed the responsibility of changing the business model of The Washington Post because he knew, and much, about the Internet. But he was always aware of the historical value of the newspaper and the freedom of the press, which he defended. He talked about why his other transcendent project, Blue Origin, is "the most important" he is developing today.

Bezos also motivated small entrepreneurs to believe in this type of project. The billionaire started Amazon as an online book sales company and has made it the most powerful sales emporium today. Reaching a valuation in the bag of a trillion dollars. Together with Apple are the only public companies that have reached this figure.

Your client the most important!
The other invitation of the also philanthropist, who donated 2,000 million for an education project in recent days, was to give priority to customers over the competition. "The No. 1 thing that has made us successful is being obsessive and compulsive in the client and not in the competition."

Finally, Bezos spoke of how wealth is truly built. The stock exchange, he said, does not define a company: he recalled how during the dotcom bubble the value of Amazon skyrocketed, to plummet in less than a year, without it detracting from the mission and roots of the company. firm.

In these days where the connection with the user or consumer determines the success of your product, the owner of Amazon is very clear that doing things with the heart is the basis of everything:

"Regardless of whether we are a large company. My wish is that we keep the heart and spirit of a little girl. "

It is always inspiring to hear what an entrepreneur who has marked history as the builder of one of the most important commercial empires of our modern life has to say. If you also go that way, Jeff Bezos must surely be on your list of role models .