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
Mr. Wonderful had said no the first time, but promptly came back after learning about the royalty.
1 hour ago
Steve Harvey had a hard time believing the contestant's answer, but she was outdone by her teammate.
21 hours ago
The duo worked very well as a team and the victory was well-deserved.
1 day ago
Mr. Wonderful was passionate about bats right from the get-go and was the only one to make an offer.
1 day ago
The pawn shop owner made a deal with the seller that he'd pay more if the gun worked.
1 day ago
Amber Lancaster handled the situation gracefully, and even congratulated the player on his impressive win.
1 day ago
The contestant, Diane, gave a couple of cheeky answers that caught Steve Harvey off guard.
2 days ago
The guest was expecting $22,000 for a Led Zeppelin album that was signed by all four members.
2 days ago
Fans shared their excitement for the upcoming season, with many hoping to see another million-dollar winner.
2 days ago
The host noted that contestant was already a crowd favorite, and his kind gesture made Josh feel like a star.
3 days ago
The item’s uniqueness kept Rick Harrison from making an offer, as there was no reference point for its value.
3 days ago
The entrepreneur 's business was immensely profitable which made her a confident negotiator.
3 days ago
The host did not hold back on his roast, but the contestant took it all in good humor.
4 days ago
The company made sure that pets were well-dressed and taken care of on the owner's wedding day.
4 days ago
The player, Leslie, decided to trust her gut instead of listening to the audience,and it really paid off.
4 days ago
The company had more than $18 million in sales in just the 12 months ahead of taping.
5 days ago
The pawn shop owner did not expect the grinder to be worth so much money.
5 days ago
The host of the show loved the answer and did not hold back on expressing his feelings.
5 days ago
The guest got a lot more than he hoped for after the expert authenticated the item.
6 days ago
Mark Cuban wanted to take over his entire business and made a generous offer, but Pizza Pack founder Tate Koenig wasn't interested.
6 days ago