Academy of Achievement Logo
Home
Achiever Gallery
Keys to Success
Achievement Podcasts
About the Academy
For Teachers

Search the site

Academy Careers

 
Jeff Bezos 2001, Founder & CEO, Amazon.com

Get the Flash Player to see this player.

Permalink: Email Video

Jeff Bezos 2001 Video

Founder & CEO, Amazon.com
Introduction

"I'm going to go do this crazy thing. I'm going to start this company selling books online."

In 1994, Jeff Bezos was a 30-year-old Vice President of a New York investment firm, newly married, with a secure and prosperous future ahead of him. He decided to give it all up and drive to Seattle with his wife, in a used car, to start a business in their garage. He was betting his own savings -- and his parents' and friends' -- on a totally untried notion: that people would buy books through a little-known network of computers called the Internet.

Jeff Bezos was convinced that this global network, primarily the domain of academics and government scientists, could become a vibrant new venue for commerce, with the right product and the right plan. Almost overnight, the company Bezos started, Amazon.com, changed the book-buying habits of a nation. Bezos and his investors found their shares in the company worth billions.

As the company's capitalization soared, Bezos embarked on a risky strategy of expansion, forgoing immediate profits to secure an ever-larger share of the Internet market, not only in books, but in music, videos, electronics, toys and clothing. At the turn of the 21st century, the Internet bubble burst, and fortunes seemingly made overnight vanished overnight. Yet Amazon flowed on like its mighty namesake, still expanding, but also showing profits, while other promising start-ups faded from the scene. Once-daunting competitors had become grateful partners. The vision of Jeff Bezos had prevailed, and the world of commerce had changed forever.



View More Podcasts
Each of the symposium presentations are excerpts from the 48-year history of International Achievement Summits. The audience is comprised of hundreds of promising young people selected to attend by the Academy.
Filter by: Most Recent, By Name
The Hon. Tom Daschle 2005, Former Senate Majority Leader

The Hon. Tom Daschle 2005

Former Senate Majority Leader
Olivia de Havilland 2001, Two Oscars for Best Actress

Olivia de Havilland 2001

Two Oscars for Best Actress
Michael Dell 2008, Dell Computer Corporation

Michael Dell 2008

Dell Computer Corporation
David Doubilet 2008, Pioneer of Undersea Photography

David Doubilet 2008

Pioneer of Undersea Photography
Dr. Sylvia Earle 2008, Undersea Explorer

Dr. Sylvia Earle 2008

Undersea Explorer
Dr. Shirin Ebadi 2005, Nobel Prize for Peace

Dr. Shirin Ebadi 2005

Nobel Prize for Peace
Nora Ephron 2007<br />(Part 1), Author and Filmmaker

Nora Ephron 2007
(Part 1)

Author and Filmmaker
Nora Ephron 2007<br />(Part 2), Author and Filmmaker

Nora Ephron 2007
(Part 2)

Author and Filmmaker
Paul Farmer, M.D., Ph.D. 2009<br />(Part 1), Founder, Partners in Health

Paul Farmer, M.D., Ph.D. 2009
(Part 1)

Founder, Partners in Health
Paul Farmer, M.D., Ph.D. 2009<br />(Part 2), Founder, Partners in Health

Paul Farmer, M.D., Ph.D. 2009
(Part 2)

Founder, Partners in Health
Sally Field 2008, Two Oscars for Best Actress

Sally Field 2008

Two Oscars for Best Actress
Aretha Franklin 2003, Rock and Roll Hall of Fame

Aretha Franklin 2003

Rock and Roll Hall of Fame
Dr. Ian Frazer 2007, Developer, Cervical Cancer Vaccine

Dr. Ian Frazer 2007

Developer, Cervical Cancer Vaccine
Tom Friedman 2007<br />(Part 1), Pulitzer Prize-winning Journalist

Tom Friedman 2007
(Part 1)

Pulitzer Prize-winning Journalist
Tom Friedman 2007<br />(Part 2), Pulitzer Prize-winning Journalist

Tom Friedman 2007
(Part 2)

Pulitzer Prize-winning Journalist
Tom Friedman 2007<br />(Part 3), Pulitzer Prize-winning Journalist

Tom Friedman 2007
(Part 3)

Pulitzer Prize-winning Journalist
Vince Gill 2009, Country Muisc Hall of Fame

Vince Gill 2009

Country Muisc Hall of Fame
Arthur Golden 2007, Best-selling Novelist

Arthur Golden 2007

Best-selling Novelist