Jeff Bezos

Entrepreneur

Jeff Bezos is the founder of Amazon, known for revolutionizing e-commerce and advocating for customer-centric innovation.

Born
January 12, 1964
Quotes
221
Rank
#305

Quote collection

Jeff Bezos quotes (page 7 of 12)

221 quotes — follow a thought to its full quote page.

Jeff Bezos Entrepreneur
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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."

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"I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better."

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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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"The balance of power is shifting toward consumers and away from companies The right way to respond to this if you are a company is to put the vast majority of your energy, attention and dollars into building a great product or service and put a smaller amount into shouting about it, marketing it."

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"If you're long-term oriented, customer interests and shareholder interests are aligned."

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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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"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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"... if it's not your style to stretch and go the extra mile to make sure our customer experience is great, you're going to have an allergic reaction to this company. You probably won't stay. If you do try and stay, but can't adapt to the culture then it will reject you like a virus from a healthy immune system."

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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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"If you're not doing something that people will remark on, then it's going to be hard to generate word of mouth."

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"Our point of view is we will sell more if we help people make purchasing decisions."

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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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"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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"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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"My view is there's no bad time to innovate."

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"In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts"

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"Lowering prices is easy. Being able to afford to lower prices is hard."

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"The world is littered with corpses that predicted technology in a particular arena was done. If there's another gigantic step change out there, we don't yet know what it is."

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"People who were right a lot of the time were people who often changed their minds."

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