Jeff Bezos Revealed: Building Amazon One Box at a Time

Feb. 1 (Bloomberg) -- "Bloomberg Game Changers" profiles Amazon.com Inc. founder Jeff Bezos. This program explores the story behind the founder of Amazon.com, the world's most successful online retailer and examines key moments in his life. (Source: Bloomberg)
--Subscribe to Bloomberg on KZbin: / bloomberg
Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

[@Lordradost]

Anyone else feels these US documentaries feel like the same stuff we got n the late 90's?

[@vimalcurio]

yeah right

[@jaquelinekristineschager6151]

It does have a bit of a 90's vibe 😂

[@idonothing7557]

Now that's the marker where an innovation can be unfold!

[@FataleMedia]

i think all of tv docs are in the same boat... they are getting boring following a cookie cutter aproach to production

[@nephildevil]

the low resolution doesnt improve things either

[@bissy97]

This doc was released in 2015, yet it feels like it was released in the 90s.

[@tonymoretti2347]

Per k

[@lakshmiprasad.s1551]

maybe the camera was bought in the 90s!

[@XxXx-sc3xu]

You're dumb. The video was uploaded in 2015, but the documentary itself is from the early 2000s.

[@GAURAV25855ify]

True you could tell my.the picture clarity

[@Obtaineudaimonia]

The speed of expansion at Amazon has been remarkable.

[@headiero]

Eudaimonia well thank you😊

[@EamonBoyle]

So has the decline of the actual Amazon, remarkable.

[@nmnndiaye2089]

And 3years later worth a trillion $

[@commandercaptain4664]

@@nmnndiaye2089 $0 paid to taxes.

[@DL-1]

@@headiero what will they do next?

[@Woodscraps-lr5vz]

Doc is great so far. But the journalist-crossing-their-arms-in-the-introduction thing is sooooo 1998.

[@harendrasingh_22]

yeah lol.

[@mehboobalammehboob6609]

@@harendrasingh_22 GB b

[@jlm1567]

Woodscraps1798 nothing wrong with that. Like u said Doc is great

[@nathankkarren5316]

Well now times are even more tawdry.

[@joshkaye5303]

I was gonna pick on it too... so cringy I need to briefly look away

[@ryans5476]

Amazon Web Services has been the latest and arguably largest jewel in the companies capital asset crown. The low cost of hardware components, i.e. transistors, correlated with the growing ubiquity of smart devices has been their smartest business move so far.

[@paulhaynes7522]

Well done to him. He saw an opportunity and worked hard while taking risks to achieve his goals.

[@commandercaptain4664]

While avoiding taxes and buying out or underpricing competition.

[@steffanmevel6599]

@@commandercaptain4664 he pays taxes

[@Zo-hc2fn]

let's make amazon in a physical store I explain: every store in the world is 1.0 in this store, products almost never change and the owner chose the products it is boring now, there must be a new store 2.0 in this store, products always change and people choose the products there will be via an app on the app, there is a huge catalog, people choose the products that will show up in the store the store is constantly being supplied with the products people choose

[@shanenolan085]

​@@commandercaptain4664 if the competitors COULD'VE they WOULD'VE too... don't be naive 💯

[@cryptotechbeyond133]

Amazon does what the consumer wants and takes the hit for it and gains in the long run. They changed the way companies interact with people and any company that won't change will lose.

[@carlosg218]

Investing the first 300k in a company is extremely risky. I wonder how much the net worth of his parents was at this time.

[@Jolsiuuw]

he said somewhere else it was pretty much their life savings.

[@Jolsiuuw]

Meaning that unlike what many think he didn't come from rich family. 2 people having combined life savings of 300k in their 50s or something is above median sure, but definetlynot rich. they did have a unusual seemingly absurd altough as it turns out well placed ammountof trust in their son.

[@marek0101]

This short documentary did not mention one key factor that hugely contributed to Amazon's success. Amazon's affiliate program, with it Amazon was able to put itself in front of millions of customers without spending a dime on advertising. Sure they paid commissions but after a sale was made, which was way better than paying up in front for ads and not knowing how many sales ads would generate. Brilliant if you ask me.

[@edum.6353]

One thing I admire is that he kept his profit low, his strategy is what put him where he is

[@cmccmc5878]

Intelectual 💍

[@jeffreyrichardson]

Jeff Bezos started his empire on selling books!!

[@musskeeterbump]

Reading is fundamental .

[@SK-ck9qu]

@@thebloodwolf9906 Guns too?

[@thebloodwolf9906]

@@SK-ck9qu Only rifles

[@Zo-hc2fn]

let's make amazon in a physical store I explain: all stores in the world are 1.0 in these stores, products almost never change and the owner chose the products it is boring now, there must be a new store let's call it 2.0 in this store, products always change and people choose the products there will be via an app on the app, there is a huge catalog, people choose the products that will show up in the store the store is constantly being supplied with the products people choose

[@arrongoldberg697]

Bernard Madoff start from ice cream van. LOL

[@dealerovski82]

I remember a time aournd 2005 I could order a book with shipping for dirt cheap. Now when I look at the shipping cost I almost always hit the cancel order at amazon.

[@christianalmanza3514]

Daniel Filippus prime baby!

[@angelic710]

That’s how they are profiting millions now.

[@msoldate]

Successful companies are ran by CEOs that know their business so well they could cover for anyone’s job in the company.

[@treewisps4085]

lol who are you kidding?

[@sriramravi6844]

Underrated comment. Not many understand this!

[@hitgucvkj]

Can’t help to notice the amazing similarities between the early days of the Amazon and current day Tesla.

[@dizzotizzo69]

Yep. Super boom now with Tesla and just like Amazon, there will be a bust. That will be the time to get into the stock.

[@titusm2320]

And now he's the richest man in the world. From position 30 to 1. From a net worth of $18B to $155B!

[@Menlify]

Awesome! Finally found it here. I thought it was only available at the Bloomberg website. Happy to see it one playlist.

[@MoneyBytesAI]

I too was once Time's person of the Year

[@tajtahmeena8635]

@@MoneyBytesAI me too in 2006

[@bast874]

So was I

[@yeloronce833]

I used to spent my hours in library during my school days. I am going alone every time that my friends doesn't know it. I am also reading all the Encyclopedia books in our home while my parents busy on their own business.

[@humbugswangkerton9972]

Notice one thing in common with microsft and amazon how they got started? A few $100,000s...back in the 90's which is worth more today. Not demeaning that gates and bezos don't deserve their massive success (they also worked very hard) but the difference between them and other entrepreneurs that you have never heard of is that they didn't get that initial critical capital. Many other people even before them started PC companies/internet sales....except they didn't have the cash to explode.

[@GailBecker-MSED-CM-Author]

I know I was definitely one of his first customers. When I was in college, I bought my textbooks and other assigned books from Amazon. Moreover, when I started teaching, I still bought my books from Amazon.

[@arrongoldberg697]

No one care darling. You are nothing.

[@zedrockiby]

@@arrongoldberg697 It’s pretty cool actually

[@heidijaeger2947]

Gail Becker, I was also the first customer too, bought my books there. 😉

[@elixorvideos]

The 720p that is actually 240p upscaled to 480p upscaled to 720p

[@nameramthgin6077]

Are the interviewers forcing their subjects to cross their arms during the introductions? It seems so unnatural.

[@michaelochido3244]

true it reminds us of the soccer players in the english premier league when the team line up is shown!!

[@adeseyelawal-solarin5920]

Imagine if they covered AWS in this.

[@armanke13]

No mention of AWS, 🤔

[@shanenolan085]

10:20 "Do NOT pay attention to the stock price..." and he KNEW it would go up... boss 💯💯👑

[@carscoffeeandmischief]

Today 7/16/2019. Bezo’s net worth. $164 Billion. Still wealthiest man in the world

[@sumndermakhijani9609]

Global news for future children ❤️❤️❤️❤️❤️

[@DannySullivanMusic]

Can someone zap me back to my birth with $1000 to put in Amazon shares?

[@raviranjansingh8439]

Simply amazing!

[@timepyramid2354]

"Hired two programmers to write the code" Who the fuck where they?!?!!?

[@oganarchy3667]

were*

[@jweezyf0sheezy1]

Sitting in barrels out somewhere in New Mexico.

[@LongyZ13]

It doesn't mater, that's the whole point

[@GoytaDembiya]

Jeff was already a well known programmer. He probably hired them to do a part of it. Jeff isn't like jack ma

[@nuvigroovi]

Amazon's so rich coz they raised their minimum free shipping order from $25 to $35 to $50.

[@IdLikeToSpeakToMyLawyer]

You'd have to live under a rock to think Amazon has ever turned a profit on shipping.

[@errinwright]

@@IdLikeToSpeakToMyLawyer true

[@Zo-hc2fn]

let's make amazon in a physical store I explain: every store in the world is 1.0 in this store, products almost never change and the owner chose the products it is boring now, there must be a new store 2.0 in this store, products always change and people choose the products there will be via an app on the app, there is a huge catalog, people choose the products that will show up in the store the store is constantly being supplied with the products people choose

[@crazydonkey110]

Umm you could have bought amazon stock in 2000 for $5.95 it is now listed at $1720 too bad i was only 12 in 2000 😭

[@adrianbeck1978]

Not one mention of AWS. The guy invented cloud computing for God's sake. Cloud will be bigger than everything else

[@michaelb9940]

Not invented. A lot of its success happened organically. Amazon kept growing and there came a time that he saw the need to host its own servers and well the rest is history. For instance, if you start selling books and then realize that you need to in fact buy a warehouse to store those books and the need keeps growing, then you get that "aha moment" when you realize smaller "mom pops shops" needs a facility to store their product and you rent out a portion of your huge warehouse. It happened organically and much of Amazons success is due to AWS.

[@SuperArrrgh]

I was also puzzled by the fact that AWS and cloud computing was not even mentioned.

[@hrishikeshkalshetti7299]

Thank you Bloomberg

[@aaronbrigham4743]

Amazing when you have an idea you just go for it and you don't fear the criticism wow I just learned something new thank you I'm glad I watched this.

[@ToThoseWhoVanished]

Mad energy in his eyes

[@armandocastro6914]

Such a hardworking man.

[@commandercaptain4664]

He's lazy compared to his workbase, which are pushed to meet second-long quotas.

[@ahsanmohammed1]

Can we get something on how to build a distribution network?

[@necromancer7712]

18 bln in net weoth? Last time i checked, it was 130 dude

[@g-field6687]

Thanks for the upload !

[@pamallinder3287]

My daughter went to a performing art school in scottsdale az. She ordered her books from Amazon in 1997

[@howtoshootstraighthtss4948]

Bezos means kisses in Spanish.

[@Stoneface_]

Alan Smith-Emerson lmao 😂😂🤦🏿‍♂️

[@imnotsurprised7616]

One of the guys in here sounds exactly like Tg Miller

[@ntran04299]

I'mNotSurprised! lmfao ikr am not the only one

[@cryptonative]

You forgot AWS their cloud service that is where most of their profits are coming from to date

[@prasanthconsultant]

on 2030, you will see me in the Bloomberg as a guest and as the richest person.

[@juliorosales769]

Senthil Prasanth we sure will, best go luck! Follow your goals!

[@prasanthconsultant]

@@juliorosales769 Thankyou so much ☺️

[@karmalama8642]

Bloomberg's about the entrepreneurial achievement though. Wealth's only a result of it.

[@tinorosmg9374]

I bet u 10k u won’t

[@MichaelCorleone654]

Tino Rosmg By then he won’t even have the 10k to cover the bet

[@WinnerTube]

$5 a share to $1050

[@dizzotizzo69]

$1900

[@adityakarki6234]

@@dizzotizzo69 3,727

[@pamallinder3287]

He is a haspy person, no matters! Proud to have him in Seattle 😊

[@slack.]

Stonk meme 4:38 Another stonk 16:07

[@JJs_playground]

Documentary: how many crossed arms do you want? Director: YES

[@pamallinder3287]

Hes a nice person. We need happy people in Seattle

[@FbjfjifHdgr]

ชอบกาแฟอเมซอนเจฟฟ์ เบโซส์ผู้ก่อตั้งกาแฟอเมซอน จากสาวไทย เลดี้ รัชณา อสุรินทร์ เหล่นตาทวดศรี ภาโส สวยที่สุดในซอย รักเจฟฟ์ มากยินดีต้อนรับที่บ้านโคกศรี71หมู่3อุดรธานี❤❤❤❤❤ประเทศไทย อำเภอหนองแสง❤❤❤❤🎉🎉🎉😊😊😊😊😊😊😂😂❤❤❤❤🎉🎉🎉

[@fernandetogher1333]

What a big warehouse you got, nice people.

[@sweetladyt1908]

I, too, share the love of the entrepreneurial spirit, savoir-faire and the ability to create within our passion.

[@stafonvoncamron]

I think the more money a company makes they should raise everyones pay. Share the wealth!

[@chrisghikes1693]

This documentary feels like it was written years before it was placed on KZbin. The most glaring omission is Amazon Web Services and its contribution to Amazon's bottom line. All this talk about razor thin margins, which was true for a long time, but is no longer true given the profit margins and growth that AWS provides. Maybe this fact wasn't abundantly true in 2014-15? AWS is what finally led me to invest in Amazon for the long term.

[@huashinewong7504]

like Amazon‘s service ,but too much e-commercial business website copy its mode and also include china do this too

[@stc2828]

Sounds like the other guy with the small loan of 1m dollars!

[@hamidja1537]

Thanks for sharing

[@askers_]

15:48 thats a SpaceX facility in Hawthorne, Ca. Not Blue Origins. Just sayin

[@Ugandangirl]

worlds richest now

[@deboramckale6962]

this is amazon!

[@teddy9267]

Look how many people are complaining.... probably sitting on their couch eating doritos. If you give them 300k. They will spend it at strip club next day. He created almost a trillion dollar company out of thin air. Suck it!!!!

[@_pymac4904]

Tadi Yimamu Lol 300k is many things but definitely not thin air 😂😂

[@bestprice1776]

300k in one dollar bills goes a long way at a strip club

[@cancerfour69er]

TWA.T

[@mattdamutt]

Jeff bezos is the greediest out of the top 5 richest people lol. Refuses to sign the Giving Pledge.

[@teddy9267]

@@mattdamutt I am glad he is keeping his money. we should all work hard and earn money not site around... wish and beg.

[@safewaycart]

It's me or he went to one of the few business news network buying something to re-sell to his shareholders and other investors?

[@nabilanaorin6811]

such an inspiration!!

[@guinthehouse]

Very impressive!!!

[@bryce223453]

8:05 what makes us different

[@humbabalo8754]

“Battle tank”

[@skatei]

"Rated as they 30th richest in the world with $18 billion?" Try richest person in the world with $150 billion

[@austinblackburn8095]

It's 113 billion with a quick Google search keep in mind though his net worth is just a guess the Forbes list on all billionaires are just taking public information on stocks and other information so for all we know he could be worth 80 billion or 170 billion these are just best guesses.

[@aliqazilbash5231]

Yes sir! i dont know bill is going to be weird about it.

[@TriPham-sn9jj]

If we take Amazon into manufacturing and farming and food then we get mission accomplished

[@CliveBranson]

Now the Richest man in the World Is their no stopping him

[@aarbar6615]

If you had bought 500 shares at ipo you would now be a millionaire

[@RichLifeResources]

💡 brilliant

[@onetwo11221]

oh what a charming gentleman

[@ddkin1937]

Why did they not want to disclose how many Kindles sold? That seems strange. Apple, Samsung, etc have no issue saying how many devices they sold.

[@stormshadow_3000]

Who here can say they have the confidence to be able to risk what essentially is their parents’ life savings to start a business. And who here can say they have the kind of parents who would believe and trust their son/daughter wholeheartedly. Cheers to Jeff Bezos. Cheers to all of those who leave the comfort of their 9to5 job to pursue their vision and execute like a mofo to make it a reality.

[@showemtelemtv7136]

I have such parent but they dont have such monies.

[@winforsomethingllc45]

My parents wouldn’t give me $100 if I begged every single day from 1995-today lol

[@ThePasindu]

@@winforsomethingllc45 Then fucking make it without complaining about your poor parenta

[@pamallinder3287]

We bought them for my daughter for an acting school in Scottdale az

[@pamallinder3287]

Bellevue ❤

[@j.anderson4254]

Your origin in computers sounds familiarly like Bill Gates and Microsoft.

[@pauloliversa2009]

Go for it Jeff 100%

[@mexicanlawconsultant]

JEFF BEZOS IS GENIUS GUYS. W H A T A V I S I O N !!!

[@xXJKutzXx]

Amazon is like buy n large in wall-e

[@AussieMoneyMan]

Trueee

[@bladiluqueperez6875]

Janelle R hello miss you are very very beautiful

[@shrikrishnagavhane1160]

Great Content

[@pranavgran]

Where is the AWS reference

[@pamallinder3287]

Right on

[@damilolaaduragbemi1838]

The irony of Lehman Brothers saying Amazon is extremely risky is just rich, if only they looked at themselves too.

[@GAURAV25855ify]

Both need to

[@jlaborer3945]

Money doesn't stop death...

[@MoAmmarHasan]

Made a 25 minutes video on Bezos and didn’t talk about Amazon Web Services👎

[@davidschmidt5507]

The Kindle didn't kill Borders. Amazon book selling did

[@braxtynnovinsky3459]

This is crazy I feel like amazon is newer then that

[@buffaloruffian]

Ray Liotta at 6:06

[@francinecartel1457]

Apple ripped off the Kindle idea wow crazy

[@gamerkid3278]

does any1 has a reaction paper about this movie

[@carlosgarciamoctezuma9337]

I'm watching this video because I was forced by my teacher. :(

[@DianaSanchez-vo3hc]

Same :(

[@clausandoval5120]

same

[@anikasheets9590]

same, economics class asf

[@rockgod2131]

Have an open mind and you might learn something.

[@pamallinder3287]

I like that jeff cares about other companies

[@markcarls1896]

My father gave me a small loan of $300,000.

[@NashHinton]

LunarX But these plutocrats worked so hard to get to the top. XD

[@dopemusic6414]

$500k actually if you count inflation.

[@trevorelrod4493]

Lol see if you can borrow that amount of money and accomplish what he has

[@markcarls1896]

@@trevorelrod4493 Maybe I could. You don't know.

[@VaporTrap]

whats up with the bad anti-aliasing?

[@DankDaddyz]

Vapor Trap videographers out here tryin to sound fancy 😂😂💪💪

[@suhas631]

one of the best...

[@imouto4hire]

One of the best at treating his workers like subhuman scum.

[@wagnerraymondreyesalvarez5570]

Amazing❤

[@davidsbeast1]

Sounds like tesla

[@SayLessAli]

Amazing