![]() ![]() Obsession rather than competitor obsession, eagerness to invent and pioneer, willingness to fail, the patience to think long-term, and the taking of professional pride in operational excellence. They share a distinctive organizational culture that cares deeply about and acts with conviction on a small number of principles. Under the surface, the two are not so different after all. But beyond that, there is a connection between Is it only a coincidence that two such dissimilar offerings grew so quickly under one roof? Luck plays an outsized role in every endeavor, and I can assure you weve had a bountiful supply. One is famous for brown boxes and the other forĪPIs. One serves consumers and the other serves enterprises. Superficially, the two could hardly be more different. Organically without significant acquisitions into meaningful and large businesses, quickly. Whats going on here? Both were planted as tiny seeds and both have grown Also this year, Amazon Web Services is reaching $10 billion in annual sales doing so at a pace even faster Bezos, 57, will blast into space on July 20 when Blue Origin's New Shepard rocket makes its first flight with a crew, bringing along his younger brother Mark, an investor and volunteer firefighter.This year, Amazon became the fastest company ever to reach $100 billion in annual sales. "We've done crazy things together, and then made them normal," Bezos wrote, outlining a list of Amazon innovations: "Customer reviews, 1-Click, personalized recommendations, Prime's insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more."įirst up, the richest person in the world by Forbes' estimate will fulfill his childhood dream of traveling to space. ![]() In a blog post to employees earlier this year, Bezos said he planned to devote more time to side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns. Bezos also attracted attention last month after a report by investigative news outfit ProPublica, citing leaked IRS documents, said he paid a "true tax rate" of only 1.1% as his wealth surged by $127 billion between 20. ![]()
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