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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
Decisions
Based
Decision
Fact
Facts
Great
Thing
Overrule
Hierarchy
More quotes by Jeff Bezos
I think there are going to be a bunch of tablet-like devices. It's really a different product category.
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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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We were hoping to build a small profitable company and of course, what we've done is build a large, unprofitable company.
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The common question that gets asked in business is, why? That’s a good question, but an equally valid question is, why not?
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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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The framework I found which made the decision incredibly easy was what I called — which only a nerd would call — a “regret minimization framework.” So, I wanted to project myself forward to age 80 and say, “Okay, now I’m looking back on my life. I want to have minimized the number of regrets I have.”
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It's hard to find things that won't sell online.
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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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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.
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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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Entrepreneurs must be willing to be misunderstood for long periods of time.
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We are stubborn on vision. We are flexible on details.
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I'm skeptical of any mission that has advertisers at its centerpiece.
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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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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.
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Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.
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For people who are readers, reading is important to them.
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It’s very important for entrepreneurs to be realistic. So if you believe on that first day while you’re writing the business plan that there’s a 70 percent chance that the whole thing will fail, then that kind of relieves the pressure of self-doubt.
Jeff Bezos
