- All Quotes
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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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In the end, we are our choices.
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Cultures, for better or worse, are very stable.
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I never worked on the school newspaper.
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You want to look at what other companies are doing. It's very important not to be hermetically sealed. But you don't want to look at it as if, 'OK, we're going to copy that.' You want to look at it and say, 'That's very interesting. What can we be inspired to do as a result of that?' And then put your own unique twist on it.
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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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The common question that gets asked in business is, why? That’s a good question, but an equally valid question is, why not?