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I have long described Amazon as a Discipline of Desires company, one which goes for increased revenues first and then thinks about ways of converting these revenues into income; should you construct it, they will come. In coining this description, I’m not being derisive however arguing that the market’s willingness to be patient with the corporate is essentially a the results of the consistency with Jeff Bezos has instructed the identical story for the company, since 1997 , and acted in accordance with it. Amazon Prime symbolizes how Amazon plays the long sport, an investment that has taken a decade to bear fruit, but one which will be the basis on which Amazon launches into new businesses. I know that there are numerous companies that mannequin themselves after Amazon, but unless these “Amazon Wannabes” can match its narrative consistency and long time horizon, it is going to stay a one of a sort.
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