I’m going to go do this crazy thing. I’m going to start this company selling books online.
JEFF BEZOZPercentage 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.
More Jeff Bezos Quotes
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The Net is pretty cool, but the physical world is the best medium ever.
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No business can continue to shrink. That can only go on for so long before irrelevancy sets in.
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Invention is by its very nature disruptive. If you want to be understood at all times, then don’t do anything new.
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Cultures aren’t so much planned as they evolve from that early set of people.
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Though we are optimistic, we must remain vigilant and maintain a sense of urgency.
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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.
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Cleverness is a gift, kindness is a choice.
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E-mail has some magical ability to turn off the politeness gene in a human being.
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It is very difficult to get people to focus on the most important things when you’re in boom times.
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If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.
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I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.
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Position yourself with something that captures your curiosity, something that you’re missionary about.
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Be proud of your choices, not your gifts.
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Failure comes part and parcel with invention. It’s not optional.
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If you’re truly obsessed over customers, it’ll cover a lot of errors.
JEFF BEZOZ