As the hand-picked successor to Jeff Bezos, Andy Jassy took the reins of Amazon in July 2021, naming him president and CEO of a $1.74 trillion company with more than 1.4 million employees worldwide. After initially working as a marketing manager for Amazon’s e-commerce business, Jassy served as Bezos’ first technical advisor in the early 2000s and was instrumental in promoting the company in apart from selling books. As Bezos’ technical adviser, Jassy spent a year or two accompanying Bezos to every meeting, providing the CEO with an audio schedule and even learning how the Amazon boss approaches every decision. Jassy, who joined Amazon in 1997, also helped launch Amazon Web Services (AWS) in 2006, which now has a current rate of nearly $50 billion and is growing exponentially. After spending more than 20 years in a leadership position at one of the biggest companies in the world, Jassy still has time to pursue his life outside of Amazon. He is president of Rainier Prep, a charter school in Seattle, and co-owner of the National Hockey League team, The Seattle Kraken. In 2016, Jassy was named Person of the Year by the Financial Times.
Originally from New York, Jassy moved to Massachusetts in 1986 to attend Harvard College. During those early years, he was still unsure of his professional future and even dreamed of getting into sports broadcasting. However, he showed the first signs of business acumen when he served as publicity director for The Harvard Crimson. Jassy graduated summa cum laude from Harvard College with a degree in government in 1990. After graduating, Jassy worked for five years before returning to Cambridge for business school. His decision to enroll at Harvard Business School was based on his desire to have the widest possible network of colleagues in the professional world. In 1997, Jassy got his MBA from Harvard and didn’t have much time to celebrate.
However, if you have a clear business idea, an understanding of the product or service you want to offer, you know who the customer is, or you know who the suppliers to be, not seeing the time to move forward and confident that there will be investors, you may be able to skip the B-School, assuming you have enough capital to go with you in lean business. Without these qualifications, a B school might be a better option. This is also true for people who like job stability, income, health care and healthy meals.
Entrepreneurs often have to take risks, work long hours, wear many hats, and make all kinds of sacrifices, so to speak. food stamps at any given time. He’s not the only startup co-founder to go through this kind of life instability. Bootstrap is a business necessity. Other entrepreneurial skills and behaviors:
- Getting the resources your startup needs with little or no budget. It means learning to borrow, trade, or bargain with others without fail and preferably without shame.
- Get rid of the inconvenience of approaching people for funding. Other people need to invest before VCs.
- If you are an online startup, you may need to embrace Open Source out of necessity.
- You may also need to take advantage of the free aspect of freemium web services, at least until you can afford to pay for the services.
- Learn to delegate as your business grows.
- Exploit unpaid interns. Even better if they can work remotely.
- Leaving an office and working entirely from home.
- Learn how to bring your team together, which can be more difficult if they are isolated.
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