ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Jeff Bezos’ 4 ‘Unusual’ Traits Helped Grow Amazon Into a $1 Trillion Company, says Amazon CEO Andy Jassy

In a recent interview with Fortune, Amazon CEO Andy Jassy said that he was "lucky" to have learned from Bezos' unique style of working.
PUBLISHED FEB 3, 2024
Jeff Bezos | Getty Images | Emma McIntyre
Jeff Bezos | Getty Images | Emma McIntyre

Jeff Bezos built Amazon from scratch and it's no secret that he is one of the leading entrepreneurs in the world today. According to the current CEO of Amazon, Andy Jassy, he is one of the most " unusual business leader of our era". In a recent interview with Fortune, Jassy said that he was "lucky" to have learned from Bezos' unique style of working. He went on to explain what sets Bezos apart and what makes his style of working so unique. 

 Jeff Bezos attends
Jeff Bezos  | Dave J. Hogan | Getty Images

"Think Big" is one of the 16 leadership principles which Bezos crafted during his time in the company. The current CEO talked about the times when he saw the people actually adhering to the principle. He talked about how the team of developers and executives bring really "great ideas" sometimes. “There aren’t too many other bigger thinkers than Jeff Bezos,” Jassy said, adding: “He always had a way of getting teams to think bigger."

Andy Jassy | Getty Images | Thos Robinson
Andy Jassy | Getty Images | Thos Robinson

The current CEO sais that he always thought that he was the one with high standards until he met Bezos. He talked about how Bezos always found a way to inspire employees to meet his expectations and produce the best work. "Watching Jeff, I have never seen anybody with higher standards," said Jassy.

He also said that Bezos has faced criticism for his high expectations time and again but he still continues to use this approach to inspire the employees at Amazon. “Really smart, motivated, talented, ambitious people will stretch to those goals,” Jassy said. He also talks about how Bezos "had a way of having really high standards, and then having everybody really stretch and aspire to those standards.”

Jassy also seemed impressed with Bezos' ability to think for the longer future. He said that he admired his ability to be “strategically patient and tactically impatient.”Jassy also talked about Bezos' stubbornness about that vision, saying, “His conviction about long-term vision and where he wants to take something, and even when people tell him it is not possible."

Jassy elaborated on how Bezos has the ability to think for future as well as the knack to take quick decisions. "Big things start small. The biggest oak starts from an acorn," said Bezos in a 2017 "Four Peaks TV" interview. " “You’ve got to be willing to let that acorn grow into a little sapling, and then finally into a small tree and then maybe, one day, it’ll be a big business on its own."

Jeff Bezos participates in an event hosted by the Air Force Association in National Harbor | Getty Images | Photo by Alex Wong
Jeff Bezos | Getty Images | Photo by Alex Wong

Another principle of Amazon say that good leaders should "seek diverse perspectives and work to disconfirm their beliefs." "I have never met someone who learns the way he does," said Jassy. He also talked about how "open and curious" Bezos is when it comes to learning about new areas and topics. “Great leaders keep listening to additional inputs—people inside of the company and outside the company—and keep adjusting their opinions and their ideas as they learn more," Jassy concluded.

MORE ON MARKET REALIST
The Democrats will make affordability a huge campaign issue ahead of the November elections.
20 minutes ago
He believes that the situation is similar to what the country witnessed before the 2008 crash.
2 hours ago
A new report suggests the investment led growth had made the rich richer and put pressure on workers
20 hours ago
The low-middle class of the country is feeling the crippling pressure of the affordability crisis
20 hours ago
Thankfully, no illness or injury has been reported yet because of the foreign objects.
21 hours ago
The OpenAI boss believes that it is impossible to scale such a model at this moment.
21 hours ago
He asked Americans to forget about the stimulus checks until the tariffs issue is dealt with.
22 hours ago
The technology will see millions out of jobs, cutting their spending power by a huge margin.
22 hours ago
He spoke about the 5% wealth tax proposed in California as a starting point.
1 day ago
Child care costs are a major concern in Pennsylvania’s 7th District.
1 day ago
The Shark Tank investor believes that the new Mayor would tax people into oblivion.
1 day ago
The President's tariffs were recently adjudged illegal by the US Supreme Court.
2 days ago
“If Wendy’s wants to stay competitive, it needs mouthwatering vegan options—not another animal on the menu,” PETA president Tracy Reiman stated.
2 days ago
With a net worth of $7.1 billion, Spielberg would have shelled out an estimated $355 million in taxes if the levy were passed. 
2 days ago
"In the meantime, it's going to be very disruptive. It's going to be painful for a lot of people," he claimed.
2 days ago
Several major companies have pointed to AI as the major factor behind their workforce reductions.
3 days ago
Reports estimate workers will soon push back against losing their jobs to AI.
4 days ago
The contestant came close to winning it all, but her mistake came right at the very end.
4 days ago
The retailer has often brought back items after a long gap, and the strategy usually always works.
4 days ago