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It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today
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
Ideas
Even
Contradicted
Encouraged
Perfectly
Healthy
Tomorrow
Idea
Today
More quotes by Jeff Bezos
I'm not saying that advertising is going away. But the balance is shifting. If today the successful recipe is to put 70 percent of your energy into shouting about your service and 30 percent into making it great, over the next 20 years I think that's going to invert.
Jeff Bezos
Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
Jeff Bezos
If you can't feed a team with two pizzas, it's too large.
Jeff Bezos
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.
Jeff Bezos
People who are right most of the time are people who change their minds often
Jeff Bezos
One of the things that I hope will distinguish Amazon.com is that we continue to be a company that defies easy analogy. This requires a lot of innovation, and innovation requires a lot of random walk.
Jeff Bezos
I have a strongly held belief that one of the reasons that Amazon has been successful is because we do not obsess over competitors. Instead we obsess over customers.
Jeff Bezos
We are stubborn on vision. We are flexible on details.
Jeff Bezos
There are multiple ways to be externally focused that are very successful. You can be customer-focused or competitor-focused. Some people are internally focused, and if they reach critical mass, they can tip the whole company.
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.
Jeff Bezos
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.
Jeff Bezos
I’m a big fan of all-you-can-eat plans, because they’re simpler for customers.
Jeff Bezos
I'm going to go do this crazy thing. I'm going to start this company selling books online.
Jeff Bezos
I don't buy stocks, I make stocks.
Jeff Bezos
Cultures, for better or worse, are very stable.
Jeff Bezos
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.
Jeff Bezos
What characteristics do I look for when hiring somebody? That's one of the questions I ask when interviewing. I want to know what kind of people they would hire.
Jeff Bezos
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.
Jeff Bezos
If you want to be inventive, you have to be willing to fail.
Jeff Bezos
To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
Jeff Bezos
