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We are pioneers and the history of pioneers is not that good.
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
History
Good
Pioneers
Management
Risk
More quotes by Jeff Bezos
If you want to be inventive, you have to be willing to fail.
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The people who are right a lot often change their minds.
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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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Cleverness is a gift, kindness is a choice. Gifts are easy-they're given after all. Choices can be hard.
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If you can't feed a team with two pizzas, it's too large.
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Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
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What I want to talk to you about today is the difference between gifts and choices. Cleverness is a gift, kindness is a choice. Gifts are easy - they’re given after all. Choices can be hard. You can seduce yourself with your gifts if you’re not careful, and if you do, it’ll probably be to the detriment of your choices.
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Word of mouth is very powerful.
Jeff Bezos
There are a whole bunch of people who don't like to shop. But there are also people, maybe, who even do like to shop but are very time pressured. And so shopping online can save people time.
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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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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.
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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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You have to use your judgment. In cases like that, we say, 'let's be simple minded. We know this is a feature that's good for customers. Let's do it.
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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 smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.
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It is very difficult to get people to focus on the most important things when you're in boom times.
Jeff Bezos
I try to spend my time on areas that I think are important for the future, and where I think I can add value.
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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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And I still buy books at B&N, Borders and Elliot Bay ... I probably shouldn't admit this. But I don't care. I love great bookstores.
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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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