Obsess about customers, not competitors.
JEFF BEZOSMarket leadership can translate directly to higher revenue, higher profitability, greater capital velocity and correspondingly stronger returns on invested capital.
More Jeff Bezos Quotes
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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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Where you are going to spend your time and your energy is one of the most important decisions you get to make in life.
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Advertising is the price you pay for unremakable thinking.
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Complaining is not a strategy.You have to work with the world as you find it, not as you would have it be.
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The Net is pretty cool, but the physical world is the best medium ever.
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If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.
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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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Go to bed early and wake up early. The morning hours are good.
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Will you be clever at the expense of others, or will you be kind?
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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 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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If you want to be inventive, you have to be willing to fail.
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We are our choices. Build yourself a great story.
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Teachers, who are really good create that environment where you can be very satisfied by the process of learning.
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If you only do things where you know the answer in advance, your company goes away.
JEFF BEZOZ