Bezos Spots Internet Growth
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A story about how Jeff Bezos started Amazon after identifying the internet's explosive growth rate.
"When Jeff Bezos started Amazon, he noticed this crazy stat - this new thing called the internet was growing 2,700% per year. He knew he had to build something on it. He didn't know what it was, but he was starting from the trend.
The exact quote was something like 'I saw the internet was growing at 2,300% a year and I realized nothing outside of a petri dish grows that fast.' He thought 'what can I sell?' and decided to just start with books because they're easy to ship and there's a lot of them. So he could pack Amazon with almost every book he could find and thought people would buy that.
When you go where the water is flowing, as they say, and ride a wave, you don't need to be a genius to figure out what a really cool business looks like."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.