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Though we are optimistic, we must remain vigilant and maintain a sense of urgency.

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
Must
Vigilant
Urgency
Optimistic
Maintain
Remain
Though
Sense

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If we think long term, we can accomplish things that we couldn't otherwise accomplish.
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The Net is pretty cool, but the physical world is the best medium ever.
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Our vision is every book ever printed in any language [fetched and viewable on our eBook Kindle device] in under 60 seconds.
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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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Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.
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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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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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My own view is that every company requires a long-term view.
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I'm skeptical of any mission that has advertisers at its centerpiece.
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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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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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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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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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If you don't understand the details of your business you are going to fail.
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