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 airline said that it has made this policy change to be competitive in the market.
2 days ago
People do not usually think of Costco when planning a trip, but perhaps they should.
2 days ago
The retailer has done a fantastic job in diversifying its driver workforce and keeping them happy.
2 days ago
The host loved the answer he heard and could not help himself in that moment.
2 days ago
Those who are lucky enough to win it would have perhaps the best Christmas of anyone.
2 days ago
The FTC stated Instacart misled consumers about costs, falsely advertised free delivery, and charged membership fees without consent.
2 days ago
“We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said.
2 days ago
Kiyosaki has time and again asserted that silver is the "most accessible and affordable" investment, as everyone can afford to buy it.
2 days ago
"Excellent letter selection by Chantal! Congrats to her and her mama Norbit!!" a fan reacted.
2 days ago
It is a job that requires one to be at their most energetic on every single day they come into work.
3 days ago
The retailer hopes to make shopping experience a lot smoother for its loyal members.
3 days ago
The components in the supplement could react with nitrate found in some medicines.
3 days ago
The economy is unpredictable at the moment, and macro policies have affected their spending habits.
3 days ago
The money would be sent to him by a wealthy Israeli-American family, who have been his friends.
3 days ago
This recall, affecting retailers like Costco and Publix is classified as a class 2 recall on December 4, indicating potential health issues.
3 days ago
“Congress did not intend that agencies could pay $86 million for their workers just to sit at home,” former OPM acting director said.
3 days ago
“For 150 years, they wanted a ballroom, and we’re giving them — myself and donors are giving them, free of charge for nothing," he said.
3 days ago
Contestant Ellie Williams, who is pregnant with her second child playfully revealed she would name her son "Ryan".
3 days ago
The figure is not a small one, and many believe that they won't be able to achieve that goal.
4 days ago
For millions, up to $1,000 could be added to their healthcare premiums.
4 days ago