Quote

There are a whole bunch of people who don't like to shop. But there are also people, maybe, who even do like to shop but are very time pressured. And so shopping online can save people time.

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
Even
Shops
Time
Shopping
Like
Online
People
Bunch
Save
Maybe
Also
Pressured
Whole
Shop

More quotes by Jeff Bezos

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Many of the traits that make Amazon unusual are now deeply ingrained in the culture. In fact, if I wanted to change them, I couldn't. The cultures are self-reinforcing, and that's a good thing.
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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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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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Feel free to cover Amazon any way you want. Feel free to cover Jeff Bezos any way you want.
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If you decide that you're going to do only the things you know are going to work, you're going to leave a lot of opportunity on the table.
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My own view is that every company requires a long-term view.
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I feel like in one year it's very easy to go from Internet poster boy to Internet piсata.
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We are pioneers and the history of pioneers is not that good.
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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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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.
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If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
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Good ideas will always get funded, so that's not going to be a problem. But you will see that it will be harder and harder for bad ideas to get funded.
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It's not an experiment if you know it's going to work.
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You want to look at what other companies are doing. It's very important not to be hermetically sealed. But you don't want to look at it as if, 'OK, we're going to copy that.' You want to look at it and say, 'That's very interesting. What can we be inspired to do as a result of that?' And then put your own unique twist on it.
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It's hard to find things that won't sell online.
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Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.
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On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
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You know, if you make a customer unhappy they won't tell five friends, they'll tell 5,000 friends. So, we are at a point now where we have all of the things we need to build an important and lasting company, and if we don't, it will be shame on us.
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We like to pioneer, we like to explore, we like to go down dark alleys and see what's on the other side.
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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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