We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and thy’re the reason we’re successful: Put the customer first. Invent. And be patient.
JEFF BEZOSI 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.
More Jeff Bezos Quotes
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It’s hard to find things that won’t sell online.
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Invention requires a long-term willingness to be misunderstood.
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Our point of view is we will sell more if we help people make purchasing decisions.
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People don’t want gadgets, they want services.
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If you don’t understand the details of your business you are going to fail.
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Work hard, have fun and make history.
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Do something you’re very passionate about, and don’t try to chase what is kind of the “hot passion” of the day.
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Entrepreneurs must be willing to be misunderstood for long periods of time.
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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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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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We can’t be in survival mode. We have to be in growth mode.
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A company shouldn’t get addicted to being shiny, because shiny doesn’t last.
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You know, we love stories and we love narrative; we love to get lost in an author’s world.
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The great thing about fact-based decisions is that they overrule the hierarchy.
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Every new thing creates two new questions and two new opportunities.
JEFF BEZOZ