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
We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.
We are pioneers and the history of pioneers is not that good.
We're not competitor obsessed, we're customer obsessed. We start with the customer and we work backwards.
We were hoping to build a small profitable company; and of course, what we've done is build a large, unprofitable company.
I wanted to project myself forward to age 80 and say, ‘OK, I’m looking back on my life. I want to minimise the number of regrets I have.’ And I knew that when I was 80, I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed, I wouldn’t regret that. But I knew the one thing I might regret is not ever having tried. I knew that that would haunt me every day.
Cultures aren’t so much planned as they evolve from that early set of people.
One of the things that I hope will distinguish Amazon.com is that we continue to be a company that defies easy analogy. This requires a lot of innovation, and innovation requires a lot of random walk.
I feel like in one year it's very easy to go from Internet poster boy to Internet piсata.
To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
The smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.
I don't know about you, but most of my exchanges with cashiers are not that meaningful.
If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company.
If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
Where you are going to spend your time and your energy is one of the most important decisions you get to make in life.