Think Long Term | Jeff Bezos

Once, when asked about Amazon's revenue growth, Bezos couldn't even remember the exact growth percentage, something rare for a CEO. When asked, why he didn't know,he said :

"I'm thinking a few years out. I've already forgotten those numbers."

Amazon retail has been around since 1994. Remember those computers and the very early days of the internet? Bezos knew back then that people would be buying products of it.

He has said that those days were some of his most difficult. He was trying to raise $1 million to get Amazon off the ground. But getting that $1 million was incredibly difficult. He said he talked to 60 people, and 22 gave him $50K.

Why was it so difficult? People didn't know what the internet was? Bezos said "the first question most of those investors had was 'what's the internet?' ." Think about that - most people didn't know what the internet was. Bezos did, and he knew people would be buying products of it. That's his vision and long-term thinking at work.

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