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Entrepreneurs must be willing to be misunderstood for long periods of 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
Periods
Willing
Must
Long
Time
Entrepreneurs
Misunderstood
Entrepreneur

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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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Word of mouth is very powerful.
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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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All businesses need to be young forever. If your customer base ages with you, you're Woolworth's.
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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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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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It's hard to find things that won't sell online.
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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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One of the things that gets me up in the morning is knowing that customer expectations are always rising, and I find that very exciting.
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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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You don't chose your passion, your passion choses you
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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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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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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.
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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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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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If we think long term, we can accomplish things that we couldn't otherwise accomplish.
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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 book is not really the container for the book. The book itself is the narrative. It's the thing that people create.
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Our premise is there are going to be a lot of winners. It's not winner take all. Other people do not have to lose for us to win.
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