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I'm skeptical of any mission that has advertisers at its centerpiece.
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
Advertisers
Skeptical
Mission
Missions
Centerpiece
More quotes by Jeff Bezos
The Net is pretty cool, but the physical world is the best medium ever.
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On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
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The great thing about fact-based decisions is that they overrule the hierarchy.
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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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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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Ebooks had to happen.
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Focusing on the customer makes a company more resilient.
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We are pioneers and the history of pioneers is not that good.
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The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
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People loved their horses, too. But you don't keep riding your horse to work just because you love it.
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All businesses need to be young forever. If your customer base ages with you, you're Woolworth's.
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For many people, extended reading sessions on an LCD display cause eyestrain.
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Mediocre theoretical physicists make no progress. They spend all their time understanding other people's progress.
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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 can't feed a team with two pizzas, it's too large.
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In Seattle you haven't had enough coffee until you can thread a sewing machine while it's running.
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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.
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If your customer base is aging with you, then eventually you are going to become obsolete or irrelevant. You need to be constantly figuring out who are your new customers and what are you doing to stay forever young.
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You cannot make a business case that you should be who you are not
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If you decide that you're going to do only the things you know are going to work, you're going to leave a lot of opportunity on the table.
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