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Tuesday, December 15, 2020

Thomas Edison, who illuminated the world, never gave up


The great American inventor and businessman Thomas Elva Edison was born on 11 February 1847. His name is 1,093 patents. Which reflects their hard work. Today the world considers their inventions iron. The great scientist who went through poverty in childhood never lost courage. At the same time, the discovery of electric bulbs is considered his greatest discovery.


Know these interesting things about Thomas Edison ...   


- He had to work hard in inventing the electric bulb. Edison failed to make bulbs more than 10,000 times. To which he said, 'I have never failed, but I took out 10,000 such paths which could not work for me'.

- Edison had built his first laboratory at just 10 years of age. His mother gave him a book in which many chemical experiments were given. Edison liked this book and spent all his money on chemicals and did all these experiments.

- Thomas Edison needed money to continue his experiments in childhood. He used to sell newspapers and vegetables in the train to earn money.

- When any of his experiments were to be completed, he would continue for 4-4 consecutive days till the end of this experiment without sleeping. Also, while working, we often forgot to eat our food.

From 1879 to 1900, Edison had done all his major discoveries and he had become a scientist as well as a wealthy businessman.

- For the first time, it cost 40 thousand dollars to make bulbs.

- He developed a carbon thread filament with high resistance, which could last up to 40 hours.

- To see 40 electric light bulbs burning, 3 thousand people gathered. After that, after opening the Pearl Street Power Station in New York City, electricity was started to be delivered to the customers.

- Thomas Edison rescued a 3-year-old child from under the train at the age of 14. The father of that child thanked Edison. Also taught Edison how to run a telegram machine. Later, Edison also got a job at a station about running telegrams somewhere. He got his job done at night, so that he could get more time for experiments.

- Thomas Edison died on 18 October 1931.

- There is a famous saying ''Tomorrow is my exam, but i don't care because not a single sheet of paper can decide my future''. These days most of the student follow this saying. these quote has also been called by the famous scientist Thomas Edison  

AUTHOR- BANTI GROVER

Sunday, December 6, 2020

THE SUCCESS STORY OF JEFF BEZOS: WHICH MADE AMAZON DEBUT IN 1994.

 Today is the richest person in the world 

If the intention is good and the courage is strong, the success will surely kiss one day 

 Started Amazon in 1994


 Bezos was started Amazon in 1994 from a garage. Then he used to sell old books only. After this its website also came up in july 1995. According to Amazon's report, about 2 years later, by the end of 1997, the company had 1.5 million customers in more than 150 countries. 

Losses in early years 


The company had to loss in first some years. The company lost more than 16 lac in first year, but later every year there was profit. according to annual reports of company. The company got revenue of 19.63 lac crore and over 81 thousand crore was gained.

Profit since 2005


The company got revenue of 1.64 crore in 1995 and lost 0.96 crore. Company got revenue of 11868 crore rupees in 2000 and lost 0.96 crore. But company made the profit in year 2005 which continued to grow daily. 

The largest company in the world in terms of market capitalization

If we talk about Amazon's in terms of market capitalization, that it has reached 10 trillions dollar less than 25 years. In this case Amazon is the second largest company in the world after Apple. The market capitalization of company was 3600 crore in september 1997. Which reached the level of Rs 2.40 lac crore and in july 2011 it was 4.70 lac crore and in july 2017 it was 32.50 lac crore. After it almost doubled to 68 lac crore by september 2018. At the same time in august 2020, it crossed the 125.80 lac crore mark. 

First name was not Amazon

Jeff was not the first to think of the company's name as Amazon. He was so attracted by the name of ''Aabra Ka Dabra''  that he wanted to name the company as '' Kadabra'' his lawyer however, refused to do so. after this he liked to name ''Relentless'' but it did not work, then he named it Amazon.

Works on the core of customer satisfaction

company

In the year 2005, the company started the Amazon prime membership which gave the company a new height. Bezos has always worked on the basis mantra of customer satisfaction for which the company has also done many experiments 

After 2018, it is the richest man in the world

If you talk about Jeff Bezos wealth ,since 2018 he is the richest man in the world till now.However,  Microsoft co-founder Bill Gates has been the richest man for the longest time from 1999 to 2007 for 8 years. Bill Gates topped the forbes list, while 2008 it was Wareen Buffelt in the first place on the list. But 1 year later, Gates achieve this position again. From 2010 to 2013, carlos slim topped four consecutive years. At the same time, in 2014 the Gates top again came out on top. 
Bill gates and Jeff Bezos have a net worth

According to Forbes, in the years 1999, when the total assets of Bill Gates was 3.65 lac crore the same Bezos was 43000 crore their wealth has fluctuated greatly. By 2015, Bill gates was more network more than Bezos. Gates net worth in 2015 was 5.05 lac crore while the net worth of Bezos was about half i.e., 2.24 lac crore rupees. But the wealth of Bezos has more than 2018. Bezos's net worth 6.12 lac crore, 6.79 lac crore and 8.58 lac crore respectively in 2018,2019, and 2020. At the same time Bezos's net worth was 7.61 lac crore, 9.17 lac crore, and 15.17 lac crore rupees. 

Salary was around 60 lac in 2019

Bezos has more than 70 million shares of Amazon. It means he has 15.1 %  shares in Amazon. In 2019, he received 81,840 dollar (60 lac) in salary. Apart from this he also received composition of 16 lac dollar i.e. around Rs 11.50 crore.

Bazos's property boom in the corona period 

According to reports of consulting firm comparison, on one hand, most of the reach have suffered due to lock down in the corona crisis, while Amazon's business has grown rapidly. Due to this, the wealth of Bezos has also increased.

Jeff Bezos can become the world's first trillionaire by 2026

After 6 years, by the year 2026, Bezos's wealth will increase to trillion dollars or 1000 billion dollar. This comparison report has been prepared based on the forbes top-25 and most valued companies listed on the newyork stock exchange. The advisory firm has prepared this report keeping in mind the average growth of these companies and individuals over the part 5 years in the stock market. 

The world will get the second trillionaire in 2027

According to the report, the world will get the second trillion has Xu-Jiyayin in 2027. Jack ma, a veteran chines industrialist, and founder of Ali Baba can become a Billionaire at the age of 65 in 2030.

Mukesh Ambani will get achieve the status of Kharabpati in 2033

Talking about Mukesh Ambani, Asia's richest man and founder of  Reliance industries ltd. He will achieve the status of Kharabpati in the year 2033. At that time, he will be 75 years old. With this, in 2033, Ma Hueteng, the co-founder of investment and internet services company in Tencent, will achieve this position.

Bezos received this honor

Bazos was named ''Person of the year'' and ''King of cyber commerce'' in 1999 by time magazine. The special thing is that Bezos was the fourth youth to receive this award at the age of 35.

    AUTHOR- BANTI GROVER

Thomas Edison, who illuminated the world, never gave up

The great American inventor and businessman Thomas Elva Edison was born on 11 February 1847. His name is 1,093 patents. Which reflects their...