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HOW TO TURN PROBLEMS INTO FINANCIAL PROSPERITY. (PART 6)

from: 27 . 07 . 19
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WHAT ARE YOU WAITING FOR? THE ABUNDANCE IN THE WORLD IS ENOUGH TO GO AROUND

Jeff Bezos, founder, and CEO of Amazon is one of the most powerful figures in the tech world today, with a net worth of roughly $57 billion. Today his “Everything Store” sells over $100 billion worth of goods a year.

Entrepreneur and e-commerce pioneer Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. Bezos had an early love of computers and studied computer science and electrical engineering at Princeton University. After graduation, he worked on Wall Street, and in 1990 he became the youngest senior vice president at the investment firm D.E. Shaw. Four years later, he quit his lucrative job to open Amazon.com, a virtual bookstore that became one of the internet’s biggest success stories.



Bezos pursued his interest in computers at Princeton University, where he graduated summa cum laude in 1986 with a degree in computer science and electrical engineering. After graduation, he found work at several firms on Wall Street, including Fitel, Bankers Trust, and the investment firm D.E. Shaw. While his career in finance was extremely lucrative, Bezos chose to make a risky move into the nascent world of e-commerce. He quit his job in 1994, moved to Seattle and targeted the untapped potential of the internet market by opening an online bookstore.

If you paid careful attention here, you will discover that he quitted his job to solve a problem similar to what Dr. Ola Orekunrin of Flying Doctors did. People who recognize the potentials that come with problems can never end up earning a living through jobs, instead, they create jobs.

Little was heard or recorded about where he worked or what he earned before Amazon. But as soon as Amazon came into the picture, he has a net worth of $57 billion and sells well over $100 billion worth of goods annually.

Come on guys, what are you still waiting for? The abundance in the world is enough to go round my dear friend. Wake Up! Wake Up! Wake Up! There are thousand and one problems crying for solutions. The only reason why you are not yet experiencing that abundance is simply because you’ve not tasked yourself enough to come up with any solution to any problem.

“If you don’t do it, nothing is possible. If you do it, at least, you have the hope that there’s a chance.” –Jack Ma

Come up with more efficient solutions

Bezos set up the office for his fledgling company in his garage where, along with a few employees, he began developing software. The initial success of the company was meteoric. With no press promotion, Amazon.com sold books across the United States and in 45 foreign countries within 30 days. In two months, sales reached $20,000 a week, growing faster than Bezos and his start-up team had envisioned.

You will recall that it took Walmart more than 25 years to be able to have a store in every state in the Unites States of America. This is what Amazon achieved in a month and even sold books to foreign countries. Therefore, I can boldly tell you that the more efficient your solution is, the more growth your business will experience.

It’s very good to come up with solutions but don’t just start another business. It must be more effective in solving that particular problem. This was the secret of ecommerce. This is the advantage ecommerce had over the physical retail business.

Bezos continued to diversify Amazon’s offerings with the sale of CDs and videos in 1998, and later clothes, electronics, toys and more through major retail partnerships. While many dot.coms of the early ’90s went bust, Amazon flourished with yearly sales that jumped from $510,000 in 1995 to over $17 billion in 2011.

In 2007, the company released the Kindle, a handheld digital book reader that allowed users to buy, download, read and store their book selections.

In early December 2013, Bezos made headlines when he revealed a new, experimental initiative by Amazon, called “Amazon Prime Air,” using drones—remote-controlled machines that can perform an array of human tasks—to provide delivery services to customers. According to Bezos, these drones are able to carry items weighing up to five pounds and are capable of traveling within a 10-mile distance of the company’s distribution center. He also stated that Prime Air could become a reality within as little as four or five years.

Become a person that solves problems today. Be that person that sees opportunities in problems.

To be continued Tomorrow, don’t miss it.

Excerpts from the Book “Wherever There Is Problem There Is Money”. #DSABOOKS

This book can be found on dsabooksplanet.com and Amazon.com

FOR   THE   LOVE   OF   GOD,   CHURCH   AND   NATION

By Pastor Sunday Adelaja.



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