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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.
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
Pioneer
Alleys
Pioneers
Explore
Side
Sides
Dark
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More quotes by Jeff Bezos
We are stubborn on vision. We are flexible on details.
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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 think that, ah, I'm a very goofy sort of person in many ways.
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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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The great thing about fact-based decisions is that they overrule the hierarchy.
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Word of mouth is very powerful.
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If you want to be inventive, you have to be willing to fail.
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If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company.
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Work hard, have fun and make history.
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If your customer base is aging with you, then eventually you are going to become obsolete or irrelevant. You need to be constantly figuring out who are your new customers and what are you doing to stay forever young.
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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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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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You have to use your judgment. In cases like that, we say, 'let's be simple minded. We know this is a feature that's good for customers. Let's do it.
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We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent.
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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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I don't buy stocks, I make stocks.
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A lot of people – and I’m just not one of them – believe that you should live for the now. I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is the way it works for me.
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Everything you are comes from your choices.
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If you don't understand the details of your business you are going to fail.
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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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