Amazon's Jeff Bezos: The Ultimate Disrupter
Here's an article on one of the finest business minds out there today: Jeff Bezos of Amazon. Amazon will be around for a long time because it has a solid business model and provides real value in the market-place unlike companies such as Facebook, Groupon, Pinterest, and a host of others which are nothing more than facilitators for time wasting.
He's a pro-customer, tightfisted risk-taker who is conditioning Wall Street to embrace his erratic earnings. If you're running a business with high margins -- watch out.
Amazon Is Cutting Publishers Out of the Action By Dealing Directly With the Authors
In business school they teach you to analyze the supply chain in an industry, identify the fat cats making excessive profits, and then look for ways to displace them. Jeff Bezos and Amazon are masters at this disruptive growth strategy. They first did it by displacing book stores and selling direct to the public. (I'm the first to admit that this has had its downside as I have always enjoyed my trips to bookstores. Moreover, you couldn't really call independent bookstores "fat cats," but they were vulnerable to displacement.) Next Amazon launched the Kindle creating a new Blue Ocean market for digital books and helping to save a lot trees. Continue reading