Jeff Bezos Quotes - Page 6

Quotes about:

• Real estate is the key cost of physical retailers. That's why there's the old saw: location, location, location.

  Jeff Bezos

  Real, Keys, Cost

  "Online Extra: Q&A with Amazon's Jeff Bezos". Interview with Robert D. Hof, www.bloomberg.com. August 2, 2004.

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• It's harder to be kind than clever

  Jeff Bezos

  Clever, Be Kind, Kind

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• We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.

  Jeff Bezos

  Teamwork, Incentives, Kind

  "Working At Amazon: No Free Food, And A Low Salary" by Jay Yarow, www.businessinsider.com. November 16, 2012.

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• I've not seen an effective manager or leader who can't spend some fraction of time down in the trenches... If they don't do that they get out of touch with reality, and their whole thought and management process becomes abstract and disconnected.

  Jeff Bezos

  Communication, Reality, Leader

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• It’s very important for entrepreneurs to be realistic. So if you believe on that first day while you’re writing the business plan that there’s a 70 percent chance that the whole thing will fail, then that kind of relieves the pressure of self-doubt.

  Jeff Bezos

  Believe, Writing, Self

  "King of Cyber-Commerce". Academy of Achievement Interview, www.achievement.org. May 4, 2001.

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• You don't want to negotiate the price of simple things you buy every day.

  Jeff Bezos

  Simple, Want, Simple Things

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• If you're truly obsessed over customers, it'll cover a lot of errors.

  Jeff Bezos

  Errors, Servant Leadership, Obsessed

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• When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices.

  Jeff Bezos

  Meaningful, Reflection, Quiet Moments

  "The Everything Store: Jeff Bezos and the Age of Amazon". Book by Brad Stone, October 15, 2013.

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• If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.

  Jeff Bezos

  Educational, Stay Focused, Customer Satisfaction

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• I never worked on the school newspaper.

  Jeff Bezos

  School, Newspapers

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• There's so much stuff that has yet to be invented. There's so much new that's going to happen. People don't have any idea yet how impactful the internet is going to be and that this is still Day 1 in such a big way.

  Jeff Bezos

  Ideas, People, Stuff

  "The Everything Store: Jeff Bezos and the Age of Amazon". Book by Brad Stone, 2013.

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• If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.

  Jeff Bezos

  Cash Flow, Numbers, Looks

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• I'm skeptical of any mission that has advertisers at its centerpiece.

  Jeff Bezos

  Missions, Skeptical, Centerpieces

  "Jeffrey Bezos, Washington Post’s next owner, aims for a new ‘golden era’ at the newspaper". Interview with Paul Farhi, www.washingtonpost.com. September 3, 2013.

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• People don't want gadgets, they want services.

  Jeff Bezos

  People, Gadgets, Want

  "Live Blog: Amazon Unveils Kindle And Bigger Version of the Fire". Live Blog, www.cnbc.com. September 6, 2012.

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• I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better.

  Jeff Bezos

  Business, Thinking, People

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• If there’s one reason we have done better than of our peers in the Internet space over the last six years, it is because we have focused like a laser on customer experience.

  Jeff Bezos

  Years, Space, Peers

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• 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.

  Jeff Bezos

  Morning, Thinking, Showers

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• It's perfectly healthy-encouraged, even- to have an idea tomorrow that contradicted your idea today

  Jeff Bezos

  Ideas, Healthy, Today

  "Some advice from Jeff Bezos". Interview with Jason Fried, signalvnoise.com. October 19, 2012.

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• On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.

  Jeff Bezos

  Two, Variables, Size

  "Online Extra: Q&A with Amazon's Jeff Bezos". Interview with Robert D. Hof, www.bloomberg.com. March 26, 2001.

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• There is no map, and charting a path ahead will not be easy. We will need to invent, which means we will need to experiment.

  Jeff Bezos

  Mean, Needs, Maps

  "'Washington Post' To Be Sold To Amazon's Jeff Bezos". "The Two-Way", www.npr.org. August 5, 2013.

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• We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.

  Jeff Bezos

  Believe, Cash Flow, Long

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• Are you lazy or just incompetent?

  Jeff Bezos

  Technology, Lazy, Incompetent

  “Jeff Bezos biography: five things we learn about the Amazon founder” by Leo Benedictus, www.theguardian.com. November 6, 2013.

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• We're not competitor obsessed, we're customer obsessed. We start with the customer and we work backwards.

  Jeff Bezos

  Obsessed, Backwards, Competitors

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• I don't want to use my creative energy on somebody else's user interface.

  Jeff Bezos

  Creative, Energy, Use

  Biography/Personal Quotes, www.imdb.com.

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• You have to use your judgment. In cases like that, we say, 'let's be simple minded. We know this is a feature that's good for customers. Let's do it.

  Jeff Bezos

  Simple, Use, Judgment

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