Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Cash is Freedom

Market Wisdom

Ten Lessons that You Can Learn from Amazon’s Jeff Bezos

The real basis of Amazon’s success is the infrastructure Jeff Bezos has created. Its Amazon Web Services division, which operates data centers for other companies and the government, reported a net profit of $79 million in October 2015. Amazon ensures package delivery, with 104 fulfillment centers in North America alone. Chain Store Age reported that Amazon’s fulfillment center network is 10 times those of its competitors. The company also operates 69 centers outside North America. While other retailers created websites, Bezos built up the infrastructure that gets the packages to the customers. Build the infrastructure before you market the products.

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