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The great thing about fact-based decisions is that they overrule the hierarchy.

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
Great
Thing
Overrule
Hierarchy
Decisions
Based
Decision
Fact
Facts

More quotes by Jeff Bezos

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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.
Jeff Bezos
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Web 1.0 was making the Internet for people, Web 2.0 is making the Internet better for companies.
Jeff Bezos
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Feel free to cover Amazon any way you want. Feel free to cover Jeff Bezos any way you want.
Jeff Bezos
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I don't buy stocks, I make stocks.
Jeff Bezos
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One of the things that gets me up in the morning is knowing that customer expectations are always rising, and I find that very exciting.
Jeff Bezos
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We expect all our businesses to have a positive impact on our top and bottom lines ... Profitability is very important to us or we wouldn't be in this business.
Jeff Bezos
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Your margin is my opportunity.
Jeff Bezos
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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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Many of the traits that make Amazon unusual are now deeply ingrained in the culture. In fact, if I wanted to change them, I couldn't. The cultures are self-reinforcing, and that's a good thing.
Jeff Bezos
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Our premise is there are going to be a lot of winners. It's not winner take all. Other people do not have to lose for us to win.
Jeff Bezos
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The Net is pretty cool, but the physical world is the best medium ever.
Jeff Bezos
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Go to bed early and wake up early. The morning hours are good.
Jeff Bezos
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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.
Jeff Bezos
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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.
Jeff Bezos
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Do something you're very passionate about, and don't try to chase what is kind of the hot passion of the day.
Jeff Bezos
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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.
Jeff Bezos
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We like to pioneer, we like to explore, we like to go down dark alleys and see what's on the other side.
Jeff Bezos
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If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
Jeff Bezos
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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
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We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent.
Jeff Bezos