Jeff Bezos Stop Looking At Our Stock Price This Quater


Jeff Bezos - "Stop looking at our stock price this quarter".
.
During raya, I stumbled upon an interview with Jeff Bezos. I felt it was one of the best interviews I’ve seem in a long time so thought I share this with you guys. Some lessons from the wealthiest person in the world today :
.
1. Amazon didnt make money until after 9 years in business. Today, after more than 25 years, its one the most valuable companies in the world, adn reached USD1Tril market cap. And Jeff Bezos, became the wealthiest person in the world.
.
2.Amazon keep reinvesting its profits back inits business so that it has larger competitive advantage. Today, they are one of the most profitbale companies in the world.
.
3. He said he had plenty of good luck in the last 25 years in business.
.
4. In one quarter, their shares went up by 30% in just 90 days. Bezos’s response? “The result of this quarter, is coming from the cake we bake 3 years ago. And today, we are baking and preparing for another great quarter but in year 2022. “
.
5. Bobby Axelrod n Bezos - "While We keep an eye for this quarter but the other eye must look at next year, or 5 years ahead. The great never sacrifice the IMPORTANT, for what is URGENT but not necessarily important. "
.
.
The insights for me and how do I apply this in my life, are as per the following  :
.
1. Many people often look for short term results, and not willing to loose 5-10 years first. Bezos was willing to sacrifice 5-10 years so that he gains a massive advantage that will now give him a 50 year advantage. I was riding on a scooter, for the first 7 years of investing, and had over RM5k monthly passive income. I reinvested all my profits to buy more. Even today.
.
2. Many people get comfortable. 10 years ago most retailers like Macy, Best Buy and even Walmart scoffed at Amazon’s decision to  sell anything and everything. Today, they are either no longer growing at their normal pace or dying. They fail to reinvent when they had advantage 10 years ago.
.
3.People think Bezos got lucky. But he is in this business for 25 years, and sure while some element of luck exists, he was prepare to ride the luck when it came. He was IN THE GAME to benefit from that luck. Its the same with properties too. People often say we got lucky because of property bull runs, but they dont realized that a property bull run, can be created, and predictably engineered. We are in the game and if we dont get lucky, we have RM3 to RM5Mil. But if we are lucky,  we would end up with RM8 to RM10Mil. Unlucky means RM3Mil, and lucky means we make RM8Mil. Not bad kan?
.
4. Many people make decisions to move jobs today largely because of the pay, instead of the skill that that job can offer. I went from RM600 per month in salaries to 5-figures before 29 years old as I prioritize learning first instead of pay. Prioritize LEARN, and then you’ll earn.
.
5. Most people are happy to make RM50k to100k from property investments, and happy to cash that out today barely 5 years after investing. Which is sad considering its not difficult to make RM1Mil per property if they buy the right property and apply the right strategies.
.
.
So guys, I attribute Bezos success ignore and make short term sacrifices to gain serious long term advantages. While many only look on what can they gain today and tomorrow or this quarter, he thinks 3-5-10 years ahead. Thanks to this thought process, he runs one the the most valuable companies in the world , and became the richest person as a result.
.
So the next time you move jobs, or making a business decision, or making any investment decision, ask yourself this super important question —>  Is this decision will only be good for 1 quarter or 1 year, or is this decision will do well for the next 10 years ?
.
p/s : Let me know whats your biggest learning from this post please (Y)
- CnP Faizul Ridzuan


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://www.risiyusoff.com/2019/06/jeff-bezos-stop-looking-at-our-stock.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Ula Why Jeff Bezos Is Betting On This Indonesian E Commerce Start Up

Ula Why Jeff Bezos Is Betting On This Indonesian E Commerce Start Up

papar berkaitan - pada 11/11/2021 - jumlah : 200 hits
Ula Why Jeff Bezos Betting On This Indonesian E commerce Start up Follow Follow Follow Subscribe
Though Disability This Squirrel Is Smart To Draw

Though Disability This Squirrel Is Smart To Draw

papar berkaitan - pada 12/11/2021 - jumlah : 134 hits
Winkehimer Smith LOUISIANA At the time many other squirrels spent his time climbing trees A squirrel named Winkelhimer Smith chose to do activities a more artistic Winkelhimer very good at painting His works were admired by many people from...
Not Save In Bank The Money This Woman Eaten By Termites

Not Save In Bank The Money This Woman Eaten By Termites

papar berkaitan - pada 12/11/2021 - jumlah : 185 hits
The money eaten by termitesBEIJING A woman origin China loses his money after all the money his savings eaten by termites This case instantly makes she shocked Unknown woman his name it getting money amounting 42 thousand pounds from his ch...
This Man Has A Giant Testicles

This Man Has A Giant Testicles

papar berkaitan - pada 12/11/2021 - jumlah : 179 hits
Wesley WarrenLAS VEGAS A man in the city of Las Vegas United States must live in suffering because have giant testicles However now he can breathe relieved because his testicles has been removed by a doctor Wesley Warren experiencing abnorm...
This Robber Is Dead Snagged In The Chimney

This Robber Is Dead Snagged In The Chimney

papar berkaitan - pada 12/11/2021 - jumlah : 161 hits
Office Lawyer in City of DerbyDERBY The robber in England died horribly when in action Man named Kevin Gough it dead snagged in a chimney while being trying to escape When it Gough doing his action at a lawyer s office in the city of Derby ...
Not Were Treated 40 Years This Plant Still Growing

Not Were Treated 40 Years This Plant Still Growing

papar berkaitan - pada 12/11/2021 - jumlah : 128 hits
Photo MirrorCranleigh The gardener named David Latimer managed to create an amazing experiment He made a small garden is placed in the bottle after 40 years turned out the plant it thrives despite never watered David want to test a theory w...
Plunge From 15 Floors This Man Succeed Congratulations

Plunge From 15 Floors This Man Succeed Congratulations

papar berkaitan - pada 12/11/2021 - jumlah : 145 hits
Tom StilwellAUCKLAND A young man succeed congratulations after fall from an apartment building in the city of Auckland New Zealand whereas he plunge from the 15th floor Tom Stilwell actually do not have the intention to suicide 20 year old ...
Scientists Reveal The Original Colors From Fossil Beetles Oldest

Scientists Reveal The Original Colors From Fossil Beetles Oldest

papar berkaitan - pada 12/11/2021 - jumlah : 268 hits
Fossil beetlesThe latest technology could help paleontologists to reveal what kind of the original color of the oldest ancient animals aged 49 million years ago University of Bristol scientists reveal the mystery great it through their late...
What S The Difference Between A Street And A Road

What S The Difference Between A Street And A Road

papar berkaitan - pada 12/11/2021 - jumlah : 298 hits
Although both terms are often applied to the same thing a road is different from a street at least in theory Looking at the definitions and history of the usage of the words the difference is a matter of place and purpose Roads run between ...
Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology

A Sucker Punch For Rm1 000 What S The Value Of Dignity In Malaysia

Makan Malam Tiga Beranak Di Adam Kitchen

Rakyat Malaysia Jadi Tentera Upahan Di Ukraine Dipercayai Masih Hidup Kpn

Tan Sri Vincent Tan Dan U Mobile

Sabah Air Belum Mohon Lesen Perkhidmatan Udara Kata Menteri Pengangkutan

Malaysia Singapore To Jointly Nominate Chingay For Unesco List

Empat Sekawan Dipenjara Tiga Tahun Culik Budak Perempuan


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Lebai Beri Nama Isteri Penerima Zakat

Jarang Jarang Dapat Bergambar Dengan Pemimpi Nabi

Apa Itu Malaysian Dream

Sabah Lanjut Kontrak Kim Swee

Dapatkan Rawatan Estetik Kulit Bagi Hilangkan Melasma Jeragat Di Klinik Dr Bazilah

Tv Samsung Rosak Tamat Tempoh Hayat