Jeff Bezos Quotes
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You can work long, hard, or smart, but at Amazon.com you can’t choose two out of three.
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It's hard to find things that won't sell online.
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Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
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The killer app that got the world ready for appliances was the light bulb. So the light bulb is what wired the world. And they weren't thinking about appliances when they wired the world. They were really thinking about - they weren't putting electricity into the home. They were putting lighting into the home.
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It’s very important for entrepreneurs to be realistic. So if you believe on that first day while you’re writing the business plan that there’s a 70 percent chance that the whole thing will fail, then that kind of relieves the pressure of self-doubt.
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Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online.
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We are at the 1908 Hurley washing machine stage with the Internet.
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I like having the digital camera on my smart phone, but I also like having a dedicated camera for when I want to take real pictures.
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If you can't feed a team with two pizzas, it's too large.
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If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
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Do something you're very passionate about, and don't try to chase what is kind of the "hot passion" of the day.
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Our garage was basically science fair central.
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Am I going to regret leaving Wall Street? No. Will I regret missing the beginning of the Internet? Yes.
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I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better.
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If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
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You're not going to make Hemingway better by adding animations.
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E-mail has some magical ability to turn off the politeness gene in a human being.
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A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
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Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
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I try to spend my time on areas that I think are important for the future, and where I think I can add value.
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The Internet is disrupting every media industry...people can complain about that, but complaining is not a strategy. And Amazon is not happening to book selling, the future is happening to book selling.
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If you're long-term oriented, customer interests and shareholder interests are aligned.
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We're building a unique global platform...In the last 18 months we found that sellers and partners are interested in complementing their online and offline businesses with Amazon's platform...
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We're working to lower the cost of spaceflight so that many people can afford to go and so that we humans can better continue exploring the solar system. Accomplishing this mission will take time, and we're working on it methodically.