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Your margin is my opportunity.
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
Margin
Margins
Opportunity
More quotes by Jeff Bezos
Our alliance with Toysrus.com has proven to be a great win for customers, and we've looked forward to taking the next step by introducing the new Babiesrus.com teamed with Amazon.com store since we forged the alliance last August.
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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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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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You cannot make a business case that you should be who you are not
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The people who are right a lot often change their minds.
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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.
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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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It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today
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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.
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Part of company culture is path-dependent. It’s the lessons you learn along the way.
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I think there are going to be a bunch of tablet-like devices. It's really a different product category.
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Cultures, for better or worse, are very stable.
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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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We are at the 1908 Hurley washing machine stage with the Internet.
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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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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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Your brand is what people say about you when you're not in the room
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Everything you are comes from your choices.
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