Percentage 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.
JEFF BEZOSYou know, we love stories and we love narrative; we love to get lost in an author’s world.
More Jeff Bezos Quotes
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We change our tools and then our tools change us.
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Be proud of your choices, not your gifts.
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Every new thing creates two new questions and two new opportunities.
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Maintain a firm grasp of the obvious at all times.
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Cleverness is a gift, kindness is a choice.
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If you never want to be criticized, for goodness sake don’t do anything new.
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Determine what your customers need, and work backwards.
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The pain and emotional trauma caused by the racism and violence we are witnessing toward the black community has a long reach.
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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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We are our choices. Build yourself a great story.
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If you decide that you’re going to do only the things you know are going to work, you’re going to leave a lot of opportunity on the table.
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To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
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I’d rather interview 50 people and not hire anyone than hire the wrong person.
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Focusing on the customer makes a company more resilient.
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It’s hard to find things that won’t sell online.
JEFF BEZOZ