What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tail wind is now a head wind – you have to lean into that and figure out what to do because complaining isn’t a strategy.
JEFF BEZOSWe’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.
More Jeff Bezos Quotes
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If your customer base is aging with you, then eventually you are going to become obsolete or irrelevant. You need to be constantly figuring out who are your new customers and what are you doing to stay forever young.
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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 have a business model that relies on customers being misinformed, you better start working on changing your business model.
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In the end, we are our choices.
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We change our tools and then our tools change us.
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Position yourself with something that captures your curiosity, something that you’re missionary about.
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The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you. It just works.
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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.
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Obsess about customers, not competitors.
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Your brand is formed primarily, not by what your company says about itself, but what the company does.
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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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Life’s too short to hang out with people who aren’t resourceful.
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Cleverness is a gift, kindness is a choice.
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It’s time to go back to the Moon, this time to stay.
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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.
JEFF BEZOZ