The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
JEFF BEZOZOur biggest cost is not power, or servers, or people. It’s lack of utilization. It dominates all other costs.
More Jeff Bezos Quotes
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My view is there’s no bad time to innovate.
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Our point of view is we will sell more if we help people make purchasing decisions.
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There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.
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Will you be clever at the expense of others, or will you be kind?
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In the end, we are our choices.
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If you never want to be criticized, for goodness sake don’t do anything new.
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In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts.
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The Net is pretty cool, but the physical world is the best medium ever.
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If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.
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I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.
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It’s harder to be kind than clever.
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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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We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent.
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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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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.
JEFF BEZOZ