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The long-term growth culture of Amazon, as emphasized by Jeff Bezos, has been a significant factor in its success. From the outset, Bezos stressed the importance of long-term growth over short-term profits. This approach allowed Amazon to continuously invest in new technologies, infrastructure, and services, which helped it to stay ahead of its competitors and meet the evolving needs of its customers. This long-term perspective also fostered a culture of innovation and risk-taking within the company, which has been instrumental in its ability to disrupt various industries and achieve its current market dominance.
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From the very first shareholder letter, Bezos emphasized that long-term growth would remain at the core of Amazon's culture. If you could go back to 1997 and tell your past self what commerce was like, it would sound like science fiction. Imagine where your business will be in five, 10, even 100 years. Then make plans now so that you are on the cutting edge.
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Have you ever wondered how Amazon managed to grow from the first online bookstore to a global technology leader in just 20 years? Jeff Bezos' humble i...
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