Quote

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.

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
Crazy
Opportunity
Going
Work
Things
Table
Tables
Decide
Leave

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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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People loved their horses, too. But you don't keep riding your horse to work just because you love it.
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Your margin is my opportunity.
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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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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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Good ideas will always get funded, so that's not going to be a problem. But you will see that it will be harder and harder for bad ideas to get funded.
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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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Obsess about customers, not competitors.
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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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Every new thing creates two new questions and two new opportunities.
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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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Entrepreneurs must be willing to be misunderstood for long periods of time.
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You can work long, hard, or smart, but at Amazon.com you can’t choose two out of three.
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Advertising is the price you pay for unremakable thinking.
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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 you build a great product or service, people will talk about it. But it starts with having something that's worth talking about.
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The best customer service is if the customer doesn't need to call you, doesn't need to talk to you. It just works.
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We are at the 1908 Hurley washing machine stage with the Internet.
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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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