Word: planned
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Dates: during 1990-1999
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...summer day in 1994, quit his lucrative job at a New York City investment firm, packed up and, with his wife driving, made a now legendary voyage to Seattle to start what he thought would be a good business. By the time he arrived there he had a plan to sell books over the Internet. Investors thought he was crazy...
...goes according to his daring--some might say outlandish--plan, this warehouse will be at capacity within the next few years and will handle everything: washing machines, cars, rubber gaskets, Prozac, exercise machines, marmalade, model airplanes, everything but firearms and certain live animals. You name it, Amazon will sell it. "Anything," says Bezos, "with a capital A." And that's the point: Jeffrey Preston Bezos is trying to assemble nothing less than Earth's biggest selection of goods, then put them on his website for people to find and buy. Not just physical things that you can touch, but services...
...goodbye to his family and headed for Seattle--a city near one of the two big book wholesalers and chockfull of the kinds of Net-savvy people he'd need to hire. MacKenzie drove a 1988 Chevy Blazer that Mike Bezos donated, while Jeff tapped out a business plan on a laptop. On that road trip West, somewhere near the Grand Canyon, Bezos called a lawyer who specialized in start-ups. What do you plan to call your company, the lawyer asked. Bezos liked the sound of Abracadabra, but the word was a little long. "So I said, 'Cadabra...
...company grew and grew and grew. It grew so fast that it surprised him how little he knew. "No plan survives its first encounter with reality," he says. One night, while Bezos was on his knees complaining about how sore he was from packing, he said to a co-worker, "You know what we need? Kneepads!" The employee looked at him like he was an idiot. "What we need," the co-worker said evenly, "is packing tables...
...will therefore be closely watched. A smaller program initiated in New York City last year, in which mathematics teachers were brought in from Austria, is getting high marks and was expanded this year. If the Chicago program shows similar success, educators expect Congress to adapt a wide-scale recruitment plan. Indeed, the U.S. actively recruits doctors, scientists and technology experts from abroad; why not raise the quality of the labor sector most often criticized by experts and parents alike...