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There'll always be serendipity involved in discovery.
Jeff Bezos
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Jeff Bezos
Age: 60
Born: 1964
Born: January 12
Astronaut
Computer Scientist
Entrepreneur
Albuquerque
New Mexico
Jeffrey Preston Bezos
Jeffrey Preston Jorgensen
Jeff Preston Bezos
Jeffrey Preston ''Jeff'' Bezos
Always
Serendipity
Discovery
Involved
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It is very difficult to get people to focus on the most important things when you're in boom times.
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For every leader in the company, not just for me, there are decisions that can be made by analysis. These are the best kinds of decisions!
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I feel like in one year it's very easy to go from Internet poster boy to Internet piсata.
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The most important single thing is to focus obsessively on the customer. Our goal is to be earth's most customer-centric company.
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If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company.
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But there's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.
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I wouldn't be surprised if history records Tim Berners-Lee as the second Gutenberg.
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Failure comes part and parcel with invention. It’s not optional.
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Cultures aren’t so much planned as they evolve from that early set of people.
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I've not seen an effective manager or leader who can't spend some fraction of time down in the trenches... If they don't do that they get out of touch with reality, and their whole thought and management process becomes abstract and disconnected.
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Cleverness is a gift, kindness is a choice. Gifts are easy-they're given after all. Choices can be hard.
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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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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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Your margin is my opportunity.
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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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I don't think that you can invent on behalf of customers unless you're willing to think long-term, because a lot of invention doesn't work. If you're going to invent, it means you're going to experiment, and if you're going to experiment, you're going to fail, and if you're going to fail, you have to think long term.
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We watch our competitors, learn from them, see the things that they were doing for customers and copy those things as much as we can.
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If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
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