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People loved their horses, too. But you don't keep riding your horse to work just because you love it.
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
Loved
Keep
Work
Love
People
Horses
Riding
Horse
More quotes by Jeff Bezos
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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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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The great thing about fact-based decisions is that they overrule the hierarchy.
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There'll always be serendipity involved in discovery.
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Not the outcome any of us wanted.
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It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today
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Web 1.0 was making the Internet for people, Web 2.0 is making the Internet better for companies.
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If you build a great product or service, people will talk about it. But it starts with having something that's worth talking about.
Jeff Bezos
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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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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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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You know, if you make a customer unhappy they won't tell five friends, they'll tell 5,000 friends. So, we are at a point now where we have all of the things we need to build an important and lasting company, and if we don't, it will be shame on us.
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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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The framework I found which made the decision incredibly easy was what I called — which only a nerd would call — a “regret minimization framework.” So, I wanted to project myself forward to age 80 and say, “Okay, now I’m looking back on my life. I want to have minimized the number of regrets I have.”
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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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In Seattle you haven't had enough coffee until you can thread a sewing machine while it's running.
Jeff Bezos
Everything you are comes from your choices.
Jeff Bezos
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.
Jeff Bezos
For people who are readers, reading is important to them.
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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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