Jeff Bezos Quotes on Business, Innovation, Life and More
Jeff Bezos, is known as one of the world’s richest men. The man drops some really inspirational lines too. Let’s peek into the brain of this demanding, brilliant, temperamental man, with his Quotes.
“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.”
“My own view is that every company requires a long-term view.”
“A company shouldn’t get addicted to being shiny, because shiny doesn’t last.”
“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.”
“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.”
“You can have the best technology, you can have the best business model, but if the storytelling isn’t amazing, it won’t matter. Nobody will watch.”
“Your margin is my opportunity.”
“If you don’t understand the details of your business you are going to fail.”
“I’m skeptical of any mission that has advertisers at its centerpiece.”
“Friends congratulate me after a quarterly-earnings announcement and say, ‘Good job, great quarter.'” “And I’ll say, ‘Thank you, but that quarter was baked three years ago.'”
“When [competitors are] in the shower in the morning, they’re thinking about how they’re going to get ahead of one of their top competitors. Here in the shower, we’re thinking about how we are going to invent something on behalf of a customer.”
“Failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance that it’s going to work, it’s not an experiment.”
“I 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.”
“All businesses need to be young forever. If your customer base ages with you, you’re Woolworth’s.”
“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.”
“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.”
“We are stubborn on vision. We are flexible on details.”
“A company shouldn’t get addicted to being shiny, because shiny doesn’t last.”
“There are two ways to extend a business. Take inventory of what you are good at and extend out from your skills. Or determine what your customers need and work backwards, even if it requires learning new skills.”
“Friends congratulate me after a quarterly-earnings announcement and say, ‘Good job, great quarter.'” “And I’ll say, ‘Thank you, but that quarter was baked three years ago.'”
“When [competitors are] in the shower in the morning, they’re thinking about how they’re going to get ahead of one of their top competitors. Here in the shower, we’re thinking about how we are going to invent something on behalf of a customer.”
“Failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance that it’s going to work, it’s not an experiment.”
“I 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.”
“You have to be willing to be misunderstood if you’re going to innovate.”
“If you double the number of experiments you do per year, you’re going to double your inventiveness.”
“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.”
“If you’re watching your competitors, you’re unlikely to invent a bunch of stuff on your own.”
“We take risks all the time, we talk about failure.” “We need big failures in order to move the needle. If we don’t, we’re not swinging enough. You really should be swinging hard, and you will fail, but that’s okay.”
“We all know that if you swing for the fences, you’re going to strike out a lot, but you’re also going to hit some home runs.”
“The difference between baseball and business, however, is that baseball has a truncated outcome distribution. When you swing, no matter how well you connect with the ball, the most runs you can get is four. In business, every once in a while, when you step up to the plate, you can score 1,000 runs.”
“You can have a job, or you can have a career, or you can have a calling.”
“If you can somehow figure out how to have a calling, you have hit the jackpot, cause that’s the big deal.”
“Where you are going to spend your time and your energy is one of the most important decisions you get to make in life.”
“In the end, we are our choices. Build yourself a great story.”
“Cleverness is a gift, kindness is a choice. Gifts are easy — they’re given after all. Choices can be hard.”
“If I have three good decisions a day, that’s enough,” he said. “They should just be as high quality as I can make them”