A NEW WORLD'S RICHEST MAN HAS EMERGED
Hi guys, while we were busy analysing whether Buhari is alive or not, Jeff Bezos, has overtaken Bill Gates as the World's Richest Man on Planet with over $90Billion Net for the first time ever
Bezos is now the 7th person to hold the tittle of the World's richest person and the 3rd American
Jeff Bezos, founder of Amazon. He just skyrocketed his revenue simply by improving on something simple, something we all should do in our business "response time and cycle time per transaction". How long does it take for your product to either be produced to to be completely served or even reach the end user/customer?
Jeff Bezos rose from being the 19th richest man on earth with a net worth of $25billion in 2013 to become earth's richest man in 2017. Yes, he's the number one now. Not Bill Gates, not Mark Zukerberg, not Carlos Slim, not Warren Buffet, just a chilled guy that sells stuff online!
Just how did this happen?
This happened simply by his firm optimising the response time of delivering products at Amazon by 62%. Really, time is money. The feeds as at today the 2nd of May is that my uncle Jeff earned a whopping $3.3billion in 24hours because he's understood something we all know but fail to apply #improvement
Talk about #DisruptiveInnovation, talk about what I always talk about, the 4th Quadrant of the Balanced Score Card, GrowthCurve or ability to scale up all of your structure.
Jeff Bezos is also working on a start up called Blue Origin, to commercialize space travel. Now you see these guys ain't thinking in our realm or capacity..
Reading up on this guy, I can't help but hold my breath. How did he even start?
The first guy to ever invest his money on Jeff Bezos (the world's number one richest man) while starting an online business today called Amazon, didnt even know what the internet is. As of the time of investing, he had never heard of it, he just invested, not on the business, but on the person. That's another thing I have always believe in , anyone can fall off a laer by accident, but no one climb a ladder by accident. The guess was right!
Amancio Ortega, Carlos Slim Helu and Jeff Bezos are the only few people who have ever overtaken Bill Gates in the world's rich list. Although Bill Gates always has a way of bouncing back (okay, I shouldn't be analyzing these guys, I should just begin to climb up the Forbes list myself, *smiling)
The easy ability to grow should be able to answer the question, "what are you doing right now to make your customer have a better experience in what you do, what are you doing to stay valuable tomorrow, what are you doing to stay relevant in 10years?"