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You don't want to negotiate the price of simple things you buy every day.
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
Negotiate
Price
Simple
Every
Things
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It's not an experiment if you know it's going to work.
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Everything you are comes from your choices.
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Entrepreneurs must be willing to be misunderstood for long periods of time.
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When [competitors are] in the shower in the morning, they're thinking about how they're going to get ahead of one of their top competitors. Here in the shower, we're thinking about how we are going to invent something on behalf of a customer.
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Millions of people were inspired by the Apollo Program. I was five years old when I watched Apollo 11 unfold on television, and without any doubt it was a big contributor to my passions for science, engineering, and exploration.
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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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Are you lazy or just incompetent?
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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 went to Princeton specifically to study physics.
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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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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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There's so much stuff that has yet to be invented. There's so much new that's going to happen. People don't have any idea yet how impactful the internet is going to be and that this is still Day 1 in such a big way.
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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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To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
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If you never want to be criticized, for goodness sake don't do anything new.
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A lot of people – and I’m just not one of them – believe that you should live for the now. I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is the way it works for me.
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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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Cleverness is a gift, kindness is a choice. Gifts are easy-they're given after all. Choices can be hard.
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