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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.
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
Harder
Problem
Ideas
Going
Good
Always
Funded
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Seek instant gratification - or the elusive promise of it - and chances are you'll find a crowd there ahead of you.
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If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.
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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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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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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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The best customer service is if the customer doesn't need to call you, doesn't need to talk to you. It just works.
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Word of mouth is very powerful.
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You cannot make a business case that you should be who you are not
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You don't choose your passions your passions choose you.
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We are pioneers and the history of pioneers is not that good.
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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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Millions of people were inspired by the Apollo Program. I was five years old when I watched Apollo 11 unfold on television, and without any doubt it was a big contributor to my passions for science, engineering, and exploration.
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The great thing about fact-based decisions is that they overrule the hierarchy.
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When [competitors are] in the shower in the morning, they're thinking about how they're going to get ahead of one of their top competitors. Here in the shower, we're thinking about how we are going to invent something on behalf of a customer.
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Our point of view is we will sell more if we help people make purchasing decisions.
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We watch our competitors, learn from them, see the things that they were doing for customers and copy those things as much as we can.
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The thing that motivates me is a very common form of motivation. And that is, with other folks counting on me, it's so easy to be motivated.
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When you receive criticism from well-meaning people, it pays to ask, ‘Are they right?’ And if they are, you need to adapt what they’re doing. If they’re not right, if you really have conviction that they’re not right, you need to have that long-term willingness to be misunderstood. It’s a key part of invention.
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