Jeff Bezos Quotes
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I think that, ah, I'm a very goofy sort of person in many ways.
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If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavours that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We’re willing to plant seeds, let them grow—and we’re very stubborn. We say we’re stubborn on vision and flexible on details.
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Maintain a firm grasp of the obvious at all times.
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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 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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The best customer service is if the customer doesn't need to call you, doesn't need to talk to you. It just works.
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If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
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Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.
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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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The world is littered with corpses that predicted technology in a particular arena was done. If there's another gigantic step change out there, we don't yet know what it is.
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We were hoping to build a small profitable company; and of course, what we've done is build a large, unprofitable company.
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Cultures, for better or worse, are very stable.
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I’m a big fan of all-you-can-eat plans, because they’re simpler for customers.
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I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because, even in that whirlwind, we kept heads-down focused on the customers. All the metrics that we can track about customers have improved every year.
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I never worked on the school newspaper.
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I think there are going to be a bunch of tablet-like devices. It's really a different product category.
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Lowering prices is easy. Being able to afford to lower prices is hard.
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Work hard, have fun and make history.
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In the end, we are our choices.
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I told all of our original investors that they would lose their money for sure.
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Be proud of your choices, not your gifts.
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We've got thousands of investors counting on us. And we're a team of thousands of employees all counting on each other. That's fun.
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Determine what your customers need, and work backwards.