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All Press Releases for July 22, 2013 »
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Avram Freedberg Highlights Key Business Leadership Techniques of Jeff Bezos

Avram Freedberg of National Collector's Mint shares leadership tips gleaned from the experience of Jeff Bezos, founder of Amazon.
 
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    PHILADELPHIA, PA, July 22, 2013 /24-7PressRelease/ -- Avram Freedberg, founder of National Collector's Mint, has established himself as a successful business leader through his effectiveness in expanding his company and securing a prominent place in the collectibles market. As such, Freedberg is interested in continually improving his own leadership skills and helping others to do the same. A recent article published by Business 2 Community highlights some leadership lessons accumulated from the example of Jeff Bezos, the founder of Amazon. Given the incredible success that Bezos and the rest of the team at Amazon have achieved, Freedberg believes that these tips are valuable to business leaders in multiple industries. Here, Freedberg shares these pieces of information and offers his own insight regarding business leadership best practices.

The first tip that the article offers is to be flexible but strong: "A business leader that lacks the ability to be stubborn will abandon plans instead of seeing them through, and a leader lacking flexibility will overlook finding solutions to problems [...] An industry inevitably will grow and change in ways that are hard to anticipate. To find success, stay true to the company's goals but be willing to adapt plans as the industry evolves."

"This is fantastic advice, as it touches on one of the many reasons why business leaders fail," comments Avram Freedberg. "Without at least some flexibility, leaders are not going to be able to adapt to a changing market, to evolving consumer expectations, or to new competition in the industry. While it is imperative that leaders pay close attention to ensure that their organizations are aimed at achieving their goals, it is also important for them to remember that there is more than one way to reach an objective."

Another key piece of advice that the article offers is for business leaders to really focus on the needs of their customers. Amazon has integrated customer feedback into the development and improvement of several key functions, including its packaging, website, and even individual products.

"The goal of any business is to cultivate an expansive clientele," Freedberg explains. "This is how companies grow, by attracting new customers and continually building their revenue through sales. But how can they do so if they are unaware what, exactly, these consumers want? By taking feedback seriously, business leaders can better tailor the operations and products of their organizations to the expectations of clients and, as a result, create a product or service in which individuals will want to invest."

Freedberg believes that leadership is not a static skill; he asserts that individuals must continually improve their leadership capabilities in order to excel in a dynamic industry. As such, Avram Freedberg encourages business leaders to take stock of their skills and to improve upon their abilities in the workplace.

ABOUT:

Avram Freedberg is the founder and president of National Collector's Mint. Established in 1994, the company is continually expanding while providing internationally-recognized services regarding coins and other collectibles. The organization has its headquarters in Port Chester, New York, and has grown from a two-person operation to an enterprise that has employed as many as 50 professionals. Aside from the business development initiatives spearheaded by the organization, National Collector's Mint is highly active regarding charitable activity. On behalf of his company, Freedberg has donated over $2 million to a variety of non-profit organizations and is looking forward to future contributions that will support key causes.



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