Jeff Bezos Quotes
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Millions of people were inspired by the Apollo Program. I was five years old when I watched Apollo 11 unfold on television, and without any doubt it was a big contributor to my passions for science, engineering, and exploration.
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What I want to talk to you about today is the difference between gifts and choices. Cleverness is a gift, kindness is a choice. Gifts are easy - they’re given after all. Choices can be hard. You can seduce yourself with your gifts if you’re not careful, and if you do, it’ll probably be to the detriment of your choices.
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It's not an experiment if you know it's going to work.
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I believe you have to be willing to be misunderstood if you're going to innovate.
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We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.
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We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
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I'm skeptical that the novel will be 're-invented.'
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Maintain a firm grasp of the obvious at all times.
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If you only do things where you know the answer in advance, your company goes away.
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The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which.
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You have to use your judgment. In cases like that, we say, 'let's be simple minded. We know this is a feature that's good for customers. Let's do it.
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Feel free to cover Amazon any way you want. Feel free to cover Jeff Bezos any way you want.
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The thing that motivates me is a very common form of motivation. And that is, with other folks counting on me, it's so easy to be motivated.
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Determine what your customers need, and work backwards.
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I think that, ah, I'm a very goofy sort of person in many ways.
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Infrastructure web services had to happen.
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I'm going to go do this crazy thing. I'm going to start this company selling books online.
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A lot of people – and I’m just not one of them – believe that you should live for the now. I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is the way it works for me.
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If you don't understand the details of your business you are going to fail.
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Go to bed early and wake up early. The morning hours are good.
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People who are right most of the time are people who change their minds often...
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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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What characteristics do I look for when hiring somebody? That's one of the questions I ask when interviewing. I want to know what kind of people they would hire.
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If you're not doing something that people will remark on, then it's going to be hard to generate word of mouth.