Focusing on the customer makes a company more resilient.
JEFF BEZOSPercentage 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.
More Jeff Bezos Quotes
-
-
Invention requires a long-term willingness to be misunderstood.
JEFF BEZOZ -
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.
JEFF BEZOS -
The great thing about fact-based decisions is that they overrule the hierarchy.
JEFF BEZOZ -
Any business plan won’t survive its first encounter with reality. The reality will always be different. It will never be the plan.
JEFF BEZOS -
Though we are optimistic, we must remain vigilant and maintain a sense of urgency.
JEFF BEZOZ -
If you can’t feed a team with two pizzas, it’s too large.
JEFF BEZOZ -
To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
JEFF BEZOS -
E-mail has some magical ability to turn off the politeness gene in a human being.
JEFF BEZOZ -
Obsess about customers, not competitors.
JEFF BEZOS -
I try to spend my time on areas that I think are important for the future, and where I think I can add value.
JEFF BEZOZ -
Life’s too short to hang out with people who aren’t resourceful.
JEFF BEZOZ -
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.
JEFF BEZOZ -
The pain and emotional trauma caused by the racism and violence we are witnessing toward the black community has a long reach.
JEFF BEZOZ -
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.
JEFF BEZOZ -
A company shouldn’t get addicted to being shiny, because shiny doesn’t last.
JEFF BEZOZ