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If you don't understand the details of your business you are going to fail.
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
Going
Entrepreneur
Details
Fail
Failing
Understand
Business
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Though we are optimistic, we must remain vigilant and maintain a sense of urgency.
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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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I try to spend my time on areas that I think are important for the future, and where I think I can add value.
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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.
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There are multiple ways to be externally focused that are very successful. You can be customer-focused or competitor-focused. Some people are internally focused, and if they reach critical mass, they can tip the whole company.
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If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
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I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because, even in that whirlwind, we kept heads-down focused on the customers. All the metrics that we can track about customers have improved every year.
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Everything you are comes from your choices.
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In Seattle you haven't had enough coffee until you can thread a sewing machine while it's running.
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The people who are right a lot often change their minds.
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