Quote

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

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Though we are optimistic, we must remain vigilant and maintain a sense of urgency.
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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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We are stubborn on vision. We are flexible on details.
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A lot of people – and I’m just not one of them – believe that you should live for the now. I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is the way it works for me.
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All businesses need to be young forever. If your customer base ages with you, you're Woolworth's.
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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.
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The great thing about fact-based decisions is that they overrule the hierarchy.
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Part of company culture is path-dependent. It’s the lessons you learn along the way.
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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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The Net is pretty cool, but the physical world is the best medium ever.
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Not the outcome any of us wanted.
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It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today
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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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Obsess about customers, not competitors.
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We are pioneers and the history of pioneers is not that good.
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We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent.
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People don't want gadgets, they want services.
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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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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.
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I'm skeptical that the novel will be 're-invented.'
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