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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
Fact
Facts
Great
Thing
Overrule
Hierarchy
Decisions
Based
Decision

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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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People who are right most of the time are people who change their minds often
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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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If you can't feed a team with two pizzas, it's too large.
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It is very difficult to get people to focus on the most important things when you're in boom times.
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My own view is that every company requires a long-term view.
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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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Entrepreneurs must be willing to be misunderstood for long periods of time.
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I went to Princeton specifically to study physics.
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Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
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Effective process is not bureaucracy. Bureaucracy is senseless process.
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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.
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Mediocre theoretical physicists make no progress. They spend all their time understanding other people's progress.
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It's not an experiment if you know it's going to work.
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If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.
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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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We are at the 1908 Hurley washing machine stage with the Internet.
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