Jeff Bezos
Jeff Bezos
Jeffrey Preston "Jeff" Bezosis an American technology entrepreneur and investor. He has played a role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products and services, most recently video streaming. Amazon.com became the largest retailer on the World Wide Web and a model for Internet sales...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth12 January 1964
CityAlbuquerque, NM
CountryUnited States of America
Will you be clever at the expense of others, or will you be kind?
I like having the digital camera on my smart phone, but I also like having a dedicated camera for when I want to take real pictures.
Every new thing creates two new questions and two new opportunities.
Part of company culture is path-dependent. It’s the lessons you learn along the way.
We change our tools and then our tools change us.
The framework I found which made the decision incredibly easy was what I called – which only a nerd would call – a ‘regret minimization framework’. So I wanted to project myself forward to age 80 and say, ‘Okay, now I’m looking back on my life. I want to have minimized the number of regrets I have.
One of the things that gets me up in the morning is knowing that customer expectations are always rising, and I find that very exciting.
I think if people read more, that is a better world.
Lowering prices is easy. Being able to afford to lower prices is hard.
Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
What consumerism really is, at its worst is getting people to buy things that don't actually improve their lives.
Real estate is the key cost of physical retailers. That's why there's the old saw: location, location, location.
If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
When you receive criticism from well-meaning people, it pays to ask, ‘Are they right?’ And if they are, you need to adapt what they’re doing. If they’re not right, if you really have conviction that they’re not right, you need to have that long-term willingness to be misunderstood. It’s a key part of invention.