Jeffrey Preston “Jeff” Bezos (born on January 12, 1964) is an American technology entrepreneur and investor with net worth of US$123 billion (December 2018) . He has played a role in the growth of Amazon.com.
He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. He founded Amazon in late 1994 on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has expanded to a variety of products and services, including video and audio streaming. It is currently the world's largest online sales company, as well as the world's largest provider of cloud infrastructure services via its Amazon Web Services arm.
Here are 24 of his quotes on business.
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"My own view is that every company requires a long-term view.”
"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."
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”
"Your brand is what other people say about you when you’re not in the room.”
“A company shouldn’t get addicted to being shiny, because shiny doesn’t last.”
“In business, what’s dangerous is not to evolve.”
"The human brain is an incredible pattern-matching machine."
"We have focused like a laser on customer experience, and that really does matter.”
"What we need to do is always look into the future.”
“If you never want to be criticized, for goodness sake don’t do anything new.”
"If you can't tolerate critics, don't do anything new or interesting."
"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well."
"If you double the number of experiments you do per year you’re going to double your inventiveness."
“Life’s too short to hang out with people who aren’t resourceful."
"The common question that gets asked in business is, ‘why?’ That’s a good question, but an equally valid question is, ‘why not?'”
"If you don’t understand the details of your business you are going to fail.”
"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."
"The most important single thing is to focus obsessively on the customer. Our goal is to be earth’s most customer-centric company.”
"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."
"There are two kinds of companies – those that work to raise process and those that work to lower them.”
“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.”
"We see our customers as invited guests to a party, and we are the hosts. It's our job every day to make every important aspect of the customer experience a little bit better."
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Jeff Bezos Quotes