We might be entering--or already be experiencing--the age of revolutionary entrepreneurs. Amazon CEO Jeff Bezos and former Apple CEO Steve Jobs are just two of the names who brought their start-ups to large, successful companies still thriving today.
“Love it or hate it, and there are reasons to do both, [Bezos] is building the next incredible technology and business franchise. It’s not just retailing, but it’s digital devices and these enterprise services that everybody in Silicon Valley is using now,” Brad Stone, author and senior writer at Bloomberg Businessweek, said Tuesday on Morning Joe.
In his new book, The Everything Store: Jeff Bezos and the Age of Amazon, Stone discusses the creation of the world’s largest digital retailer and how Bezos revolutionized shopping. It was released in stores on Tuesday.
“I think Amazon in large part has gotten to where it is today because Bezos just doesn’t accept anything less than the top performance from the people around him,” Stone said Tuesday during a web-exclusive Afternoon MoJoe interview. The company currently employs 90,000 workers and rivals Wal-Mart as a store.
Bezos founded the Seattle-based company in 1994 and it went online as Amazon.com a year later. It began as an online bookstore and has since expanded to sell other products and web services. He has led the retailer into several risky ventures, including the creation of the Kindle and cloud computing.
“They made a ton of mistakes, but they got to all those categories very early, and as a result became kind of the everything store,” Stone said on the show.
The company is expected to rake in $75 billion by the end of 2013, compared to last year’s $61 billion.
Be sure to watch other web-exclusive interviews and roundtable discussions right here in the Afternoon MoJoe section of the website.
Watch more of Stone's interview on Morning Joe: