No Result
View All Result
  • Login
Saturday, June 6, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies

by FeeOnlyNews.com
5 months ago
in Business
Reading Time: 3 mins read
A A
0
Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies
Share on FacebookShare on TwitterShare on LInkedIn



Some of Big Tech’s greatest success stories are from college dropouts. Mark Zuckerberg launched Facebook in 2004 from his Harvard University dorm room (and later dropped out). Bill Gates also left Harvard and cofounded Microsoft with Paul Allen in 1975. 

But Jeff Bezos, founder of the world’s largest online retailer Amazon, said Zuckerberg and Gates are the “exception” to the idea that all major tech companies were founded by college dropouts and that a degree doesn’t matter as much these days. 

While it’s “possible” to be 18, 19, or 20 years old and drop out of college to become a great entrepreneur, Bezos said these tech leaders are an exception.

“I always advise to young people: Go work at a best-practices company somewhere where you can learn a lot of basic fundamental things [like] how to hire really well, how to interview, etc.,” Bezos said during an interview at Italian Tech Week last fall. “There’s a lot of stuff you would learn in a great company that will help you, and then there’s still lots of time to start a company after you have absorbed it.”

Working at a company, instead of immediately trying to start one, “increases your odds” of being successful, he added. 

Bezos, now the third-richest person in the world at a $268 billion net worth, founded Amazon when he was 30 years old after about a decade of work experience. Both Gates and Zuckerberg, on the other hand, were just 19 years old when they launched Microsoft and Facebook, respectively. Still, Zuckerberg is the sixth-wealthiest person in the world with a $231 billion net worth, and Gates is the 16th-richest at a $118 billion net worth. 

But Bezos says that “extra 10 years of experience actually improved the odds that Amazon would succeed.” And succeed it did: Today, the online retailer has a whopping $2.64 trillion market cap.

Not only did Bezos have work experience, but he also finished college. He graduated summa cum laude—the highest honors—from Princeton University in 1986 with a bachelor’s degree in engineering. 

He was also elected to honor societies Phi Beta Kappa and Tau Beta Pi, and also served as president of the Princeton chapter of the Students for the Exploration and Development of Space. That academic focus later came to fruition in 2000 with Bezos’s aerospace-tech company Blue Origin, which he’s described as the “most important work” he does. Blue Origin is a private company, so its valuation has never been disclosed, but Bezos has said he thinks it will eventually be bigger than Amazon.

“That would always be my advice: I finished college, and I enjoyed college,” Bezos said. “I think it’s been helpful to me.”

Still, younger generations continue to question the value of a college degree. As the cost of college continues to grow and available jobs for newer grads shrink, many are starting to question the real return on investment for a degree. Even Jim Farley, the CEO of Ford, said during a recent company conference last week, going to college “should be a debate.”

“Nothing in the history of Western civilization has gotten more expensive, more quickly,” added Mike Rowe, a longtime vocational advocate. “Not energy, not food, not real estate, not even health care, [nothing has been inflated more] than the cost of a four-year degree.”

A version of this story was published on Fortune.com on October 6, 2025.

More on entrepreneurship:

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.



Source link

Tags: BezosCompaniesEntrepreneursExperiencegainGenJefflaunchingtellswork
ShareTweetShare
Previous Post

Everest Metals begins mining operations at Mt Dimer project, WA

Next Post

Arkin raises $100m for early-stage biotech fund

Related Posts

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

by FeeOnlyNews.com
June 5, 2026
0

The strangest political convergence of 2026 just got stranger. Donald Trump said Friday that the U.S. government may take direct...

India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

by FeeOnlyNews.com
June 5, 2026
0

New Delhi: India's economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of...

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

by FeeOnlyNews.com
June 5, 2026
0

Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at...

Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut

Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut

by FeeOnlyNews.com
June 5, 2026
0

The U.S. stock market had its worst day since October Friday as a sell-off in big technology companies weighed down...

Govt to tap AI for mapping supply chains and investment clusters

Govt to tap AI for mapping supply chains and investment clusters

by FeeOnlyNews.com
June 5, 2026
0

New Delhi: India's Statistical Business Register (SBR) will help map supply chain linkages, identify investment clusters and guide public investment...

A Kennedy, Kellyanne Conway’s ex-husband and a former Palantir data scientist debated AI regulation. Welcome to the Manhattan primary

A Kennedy, Kellyanne Conway’s ex-husband and a former Palantir data scientist debated AI regulation. Welcome to the Manhattan primary

by FeeOnlyNews.com
June 5, 2026
0

Democrats competing over a coveted congressional district in Manhattan slugged it out during a heated debate Thursday night, sparring over...

Next Post
Arkin raises 0m for early-stage biotech fund

Arkin raises $100m for early-stage biotech fund

Alphabet hits  trillion valuation as AI refocus lifts sentiment

Alphabet hits $4 trillion valuation as AI refocus lifts sentiment

  • Trending
  • Comments
  • Latest
10 States Offering Free or Low‑Cost College Courses for Residents Over 60

10 States Offering Free or Low‑Cost College Courses for Residents Over 60

May 13, 2026
The New Medicare Coding Change Confusing Pharmacies Across Multiple States

The New Medicare Coding Change Confusing Pharmacies Across Multiple States

May 11, 2026
Epstein Class All-In on Massie Primary But Do Midterms Matter?

Epstein Class All-In on Massie Primary But Do Midterms Matter?

May 13, 2026
Synopsys targets .61B revenue for 2026 while advancing joint AI solutions and accelerating Ansys integration (NASDAQ:SNPS)

Synopsys targets $9.61B revenue for 2026 while advancing joint AI solutions and accelerating Ansys integration (NASDAQ:SNPS)

December 10, 2025
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

May 17, 2026
Cboe (CBOE) Has a Data-and-Clearing Engine That Looks Better Than a Volatility Trade

Cboe (CBOE) Has a Data-and-Clearing Engine That Looks Better Than a Volatility Trade

0
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

0
Zcash Price Crashes 40% but ZEC Whale Bags 37K Coins, Recovery Ahead?

Zcash Price Crashes 40% but ZEC Whale Bags 37K Coins, Recovery Ahead?

0
Hospital-at-Home: The Medicare Option Few Seniors Know About

Hospital-at-Home: The Medicare Option Few Seniors Know About

0
Charles Lee: The Alternative “George Washington” You’ve Probably Never Heard Of

Charles Lee: The Alternative “George Washington” You’ve Probably Never Heard Of

0
MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

0
Tardigrades can survive freezing near absolute zero, extreme radiation, and the vacuum of space by drying into glass-like tuns that suspend their biology until conditions improve

Tardigrades can survive freezing near absolute zero, extreme radiation, and the vacuum of space by drying into glass-like tuns that suspend their biology until conditions improve

June 5, 2026
MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

June 5, 2026
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

June 5, 2026
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

June 5, 2026
Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut

Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut

June 5, 2026
6 Trump Family Crypto Bets Getting Crushed in Bitcoin’s Crash (and Why They’re Still Winning)

6 Trump Family Crypto Bets Getting Crushed in Bitcoin’s Crash (and Why They’re Still Winning)

June 5, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Tardigrades can survive freezing near absolute zero, extreme radiation, and the vacuum of space by drying into glass-like tuns that suspend their biology until conditions improve
  • MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership
  • India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.