Jeff Bezos provides tips on how to build a better work culture

Jun 18, 2015The Editorial Staff

Following the path of the business legend Jeff Bezos, entrepreneurs get to learn the importance of building a better work culture.

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Our top choice corporate executive, Jeff Bezos, is the founder and CEO of the electronic commerce giant, Amazon.com. Sharing the growth and success stories of Amazon, we all know how the company is expanding at a breakneck speed. Amazon has expanded its e-commerce business from books, clothing lines, smartphones, tablets, and many more.

The trail of the legend.

Jeff Bezos has revolutionised the e-commerce world. But before leading this renowned online company, Jeff Bezos was already a very successful professional. He was the vice president at Wall Street investment bank, D. E Shaw & C0. At 30, he was earning a whopping six-figure salary. But it didn’t take Jeff long to visualize his secret passion and turn it into an overwhelming consumer-friendly company.

It was the year 1994 when Bezos first got the idea of starting an internet company. Within four years, Jeff established the company and started its operation; Amazon became 610 million dollars worth with over 13 million customers worldwide.

Success tips for aspiring entrepreneurs -Jeff Bezos

What metrics could make Jeff Bezos take Amazon’s growth to such an overwhelming level? During an interview, Jeff Bezos shared some of his lead ideas of business success.

First, Jeff Bezos believes recruiting the right candidates is extremely important for a start-up. He recommends setting a high hiring bar for at least the initial years of a business.

Being flexible in creative ideas is the hallmark of innovation

In a statement, Jeff Bezos said he would prefer to interview fifty candidates and employ none other than employ the wrong personnel. Jeff Bezos concludes companies should build a better work culture by recruiting the right people during the first few years. After all, these people are going to lead the others after some years.

Second, Jeff Bezos thinks entrepreneurs need a balance between being flexible and stubborn. They need to be persistent in their creative ideas and experiments, but should be flexible about details.

Third, Bezos advises corporate executives to be flexible and involve strategic company leaders and personnels when deciding corporate matters.

He explains that an inexperienced worker could be right while an experienced worker could be wrong in decisions based on facts. But for intuitive decision-making, entrepreneurs should depend on experienced personnel who can discern right from wrong through business experience.

Fourth, corporate executives don’t need to follow the blueprint always. When Jeff Bezos first thought about establishing Amazon to sell many books online, none of the publishers he approached encouraged his idea.

They didn’t appreciate the whole thought of selling books on the internet. But Jeff Bezos didn’t stick to the conventional method of selling the best seller books. His idea paid off as he could reach consumers even in their homes and offices through the internet.

Fifth, Jeff Bezos believes corporate executives should focus more on customer experiences to build a loyal bond. Jeff Bezos believes that getting out of your comfort zone to help customers out and meet every need is so critical. This gesture, he affirms, will undoubtedly help build a prosperous and healthy environment inside an organisation.

Photo Credits: brw.com/ svglobalgroup.com/ mgacade.com/ engadget.com/ money.cnn.com

The Editorial Staff

The Editorial Staff at The Business Frontal is a team of writers dedicated to bringing seasoned news stories and how-to business articles to our readers and patrons to help maximize their entrepreneurial potentials.