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One of the things that I hope will distinguish Amazon.com is that we continue to be a company that defies easy analogy. This requires a lot of innovation, and innovation requires a lot of random walk.
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
Requires
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Defies
Walk
Analogy
Walks
Amazon
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Analogies
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Easy
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Innovation
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Cultures aren’t so much planned as they evolve from that early set of people.
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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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There'll always be serendipity involved in discovery.
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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 three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
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Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
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What characteristics do I look for when hiring somebody? That's one of the questions I ask when interviewing. I want to know what kind of people they would hire.
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Entrepreneurs must be willing to be misunderstood for long periods of time.
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Focusing on the customer makes a company more resilient.
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The death knell for any enterprise is to glorify the past -- no matter how good it was.
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We are pioneers and the history of pioneers is not that good.
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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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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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The book is not really the container for the book. The book itself is the narrative. It's the thing that people create.
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You don't choose your passions your passions choose you.
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I strongly believe that missionaries make better products. They care more. For a missionary, it's not just about the business. There has to be a business, and the business has to make sense, but that's not why you do it. You do it because you have something meaningful that motivates you.
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