Jeff Bezos

Jeff Bezos is living his best life on a yacht. Image via Twitter: @JeffBezos

Jeff Bezos shares old article calling Amazon’s business paradigm ‘silly’

Billionaire Jeff Bezos has been laughing all the way to the bank despite early predictions that his Amazon venture would be a failure.

Jeff Bezos

Jeff Bezos is living his best life on a yacht. Image via Twitter: @JeffBezos

Jeff Bezos is the world’s second-richest person — after Tesla billionaire Elon Musk — despite the fact that he was once ridiculed in a newspaper that predicted his e-commerce company Amazon would be a colossal failure.

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Jeff Bezos inspires the masses with old newspaper clipping

Many years ago, Jeff Bezos was an ordinary man with big ideas. Not everyone however thought that his plans had any real potential.

The billionaire recently took to social media where he shared a pretty inspirational post that featured a photo of an old 1999 newspaper article that ridiculed his Amazon idea while predicting that it would not be successful because “real firms will sell their products directly to its consumers” and not make use of a middleman like Bezos.

“The idea that Amazon CEO Jeff Bezos has pioneered a new business paradigm is silly. He’s just another middleman, and the stock market is beginning to catch on to the fact,” reads part of the article.

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Stellar advice from an uber-successful businessman

In the caption of his post, Bezos encourages people to take note of criticism but not be swayed by it. He also added that Amazon has gone on to be one of the world’s most successful companies despite the fact that it was ruled as “silly.”

“Listen and be open, but don’t let anybody tell you who you are. This was just one of the many stories telling us all the ways we were going to fail.

Today, Amazon is one of the world’s most successful companies and has revolutionized two entirely different industries,” he wrote.

Bezos is currently worth $191.7 billion and is certainly laughing all the way to the bank – or the moon. Whatever tickles his fancy we guess…

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