{"id":4148,"date":"2015-03-12T00:00:25","date_gmt":"2015-03-12T07:00:25","guid":{"rendered":"http:\/\/learnbyblogging.com\/?p=4148"},"modified":"2015-03-11T21:05:12","modified_gmt":"2015-03-12T04:05:12","slug":"book-review-the-everything-store-jeff-bezos-and-the-age-of-amazon-by-brad-stone","status":"publish","type":"post","link":"https:\/\/learnbyblogging.com\/?p=4148","title":{"rendered":"Book Review: &#8220;The Everything Store: Jeff Bezos and the Age of Amazon&#8221; by Brad Stone"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/Uzk7FKTdyXM\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>I listened to the audiobook in some random order for some reasons. This is the first time that happened. Don&#8217;t know why. In any case, I was confused by the sequence of event in this memoir. I had to go back to the hardcopy and reread the book.<\/p>\n<p>This book is all about Jeff Bezos and the rise of his grand Everything Store, Amazon. You get to know a little of the history of Amazon and a little of this man Jeff Bezos, his working styles and visions for the company. <\/p>\n<p>What gets me is that he was already pretty well off as an investment banker in a &#8220;quants&#8221; shop and he decided to quit it and start this company from scratch after catching the Internet fever. Very gutsy!<\/p>\n<p>Something about Jeff Bezos<br \/>\n1. Jeff&#8217;s being passionate being customer-centric is admirable. However, convincing the investors to stay with him while he scaled the company up does take some persuasion and good sale job.<\/p>\n<p>2. He flexed his muscle with strong tactics in driving his competitors into being bought at a bargain price when it most counts.<\/p>\n<p>3. His biological father lost touch with him since young age and wasn&#8217;t reconnected until after he became famous. He had the same laugh as his father.<\/p>\n<p>4. He burned out many of his early executives because of his hard driving management style and possibly the lack of stock appreciation in those days due to the dot com bust.<\/p>\n<p>Interesting company cultures:<br \/>\n1. Being &#8220;cheap&#8221; and thrifty sets the tone of the company like Walmart.<br \/>\n2. Reading prose\/write-up instead of listening to PowerPoint presentation in a meeting. <\/p>\n<p>3. The interaction with eBay (trying to buy eBay) and Walmart (sold to Walmart) were possibilities that never yield fruits.<\/p>\n<p>4. The Amabot replaced the editorial staff. Why do you need the editorial staff when you have all the customers do the work for you.<\/p>\n<p>In handling the &#8220;narrative fallacy,&#8221; I believe the author did a pretty good job in presenting the material in the most objective way. The book is worth the read if you want to know what it takes to start a company and make it to a behemoth while facing continuous criticism from the Wall Street about profitability.<br \/>\nI got to know Jeff Bezos, this amazing person.<\/p>\n<p>A fairly good read over all.<\/p>\n<p><iframe<\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I listened to the audiobook in some random order for some reasons. This is the first time that happened. Don&#8217;t know why. In any case, I was confused by the sequence of event in this memoir. I had to go back to the hardcopy and reread the book. This book is all about Jeff Bezos &hellip; <a href=\"https:\/\/learnbyblogging.com\/?p=4148\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Book Review: &#8220;The Everything Store: Jeff Bezos and the Age of Amazon&#8221; by Brad Stone<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4148","post","type-post","status-publish","format-standard","hentry","category-book-reviews"],"_links":{"self":[{"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/posts\/4148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4148"}],"version-history":[{"count":7,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/posts\/4148\/revisions"}],"predecessor-version":[{"id":4171,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=\/wp\/v2\/posts\/4148\/revisions\/4171"}],"wp:attachment":[{"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learnbyblogging.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}