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Web 1.0 was making the Internet for people, Web 2.0 is making the Internet better for companies.

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
People
Companies
Internet
Company
Making
Better

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People loved their horses, too. But you don't keep riding your horse to work just because you love it.
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But there's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.
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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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If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
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I definitely believe people should pay for copyrighted works. And the laws are sufficient: They already require you to pay for copyright work. There's no confusion. The problem is...it's a heck of a lot easier to steal MP3s than to buy them.
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When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices.
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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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I strongly believe that missionaries make better products. They care more. For a missionary, it's not just about the business. There has to be a business, and the business has to make sense, but that's not why you do it. You do it because you have something meaningful that motivates you.
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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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If you don't understand the details of your business you are going to fail.
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You don't want to negotiate the price of simple things you buy every day.
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If you want to be inventive, you have to be willing to fail.
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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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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'm going to go do this crazy thing. I'm going to start this company selling books online.
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Ebooks had to happen.
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Your margin is my opportunity.
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It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today
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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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Obsess about customers, not competitors.
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