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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
Misunderstood
Entrepreneur
Periods
Willing
Must
Long
Time
Entrepreneurs
More quotes by Jeff Bezos
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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Failure comes part and parcel with invention. It’s not optional.
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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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Cultures, for better or worse, are very stable.
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We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
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I don't buy stocks, I make stocks.
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Go to bed early and wake up early. The morning hours are good.
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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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You don't chose your passion, your passion choses you
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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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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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Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
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If we think long term, we can accomplish things that we couldn't otherwise accomplish.
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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 most important single thing is to focus obsessively on the customer. Our goal is to be earth's most customer-centric company.
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I'm skeptical of any mission that has advertisers at its centerpiece.
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I went to Princeton specifically to study physics.
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I think that, ah, I'm a very goofy sort of person in many ways.
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Are you lazy or just incompetent?
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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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