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I’m a big fan of all-you-can-eat plans, because they’re simpler for customers.
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
Simpler
Customers
Plans
Fans
Bigs
More quotes by Jeff Bezos
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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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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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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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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I'm going to go do this crazy thing. I'm going to start this company selling books online.
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The book is not really the container for the book. The book itself is the narrative. It's the thing that people create.
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There are a whole bunch of people who don't like to shop. But there are also people, maybe, who even do like to shop but are very time pressured. And so shopping online can save people time.
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I strongly believe that missionaries make better products. They care more. For a missionary, it's not just about the business. There has to be a business, and the business has to make sense, but that's not why you do it. You do it because you have something meaningful that motivates you.
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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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It's not an experiment if you know it's going to work.
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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'm skeptical of any mission that has advertisers at its centerpiece.
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We are at the 1908 Hurley washing machine stage with the Internet.
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My own view is that every company requires a long-term view.
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When you receive criticism from well-meaning people, it pays to ask, ‘Are they right?’ And if they are, you need to adapt what they’re doing. If they’re not right, if you really have conviction that they’re not right, you need to have that long-term willingness to be misunderstood. It’s a key part of invention.
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The Net is pretty cool, but the physical world is the best medium ever.
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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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If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
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Work hard, have fun and make history.
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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.
Jeff Bezos