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We were hoping to build a small profitable company and of course, what we've done is build a large, unprofitable company.
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
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Small
Company
Unprofitable
Done
Profitable
Hoping
Large
Build
Courses
More quotes by Jeff Bezos
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.
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
For many people, extended reading sessions on an LCD display cause eyestrain.
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Seek instant gratification - or the elusive promise of it - and chances are you'll find a crowd there ahead of you.
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Entrepreneurs must be willing to be misunderstood for long periods of time.
Jeff Bezos
Cultures, for better or worse, are very stable.
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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
Focusing on the customer makes a company more resilient.
Jeff Bezos
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 definitely believe people should pay for copyrighted works. And the laws are sufficient: They already require you to pay for copyright work. There's no confusion. The problem is...it's a heck of a lot easier to steal MP3s than to buy them.
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Amazon Pages and Amazon Upgrade leverage Amazon's existing 'Search Inside the Book' technology to give customers unusual flexibility in how they buy and read books, .. In collaboration with our publishing partners, we're working hard to make the world's books instantly accessible anytime and anywhere.
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Failure comes part and parcel with invention. It’s not optional.
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If you can't feed a team with two pizzas, it's too large.
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Though we are optimistic, we must remain vigilant and maintain a sense of urgency.
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When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices.
Jeff Bezos
The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
Jeff Bezos
If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
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In Seattle you haven't had enough coffee until you can thread a sewing machine while it's running.
Jeff Bezos
Are you lazy or just incompetent?
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You don't want to negotiate the price of simple things you buy every day.
Jeff Bezos