Jeff Bezos Quotes
"Staying in Day 1 requires you to experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight.""Development of the Fire phone and Echo was started around the same time. While the Fire phone was a failure, we were able to take our learnings (as well as the developers) and accelerate our efforts building Echo and Alexa.""No customer was asking for Echo. This was definitely us wandering. Market research doesn’t help.""Sometimes (often actually) in business, you do know where you’re going, and when you do, you can be efficient. Put in place a plan and execute. In contrast, wandering in business is not efficient ... but it’s also not random. It’s guided – by hunch, gut, i""Me-too companies have not done that well over time.""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.""To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.""One common pitfall for large organizations – one that hurts speed and inventiveness – is 'one-size-fits-all' decision making...The end result of this is slowness, unthoughtful risk aversion, failure to experiment sufficiently, and consequently diminished i""Invention requires a long-term willingness to be misunderstood. You do something that you genuinely believe in, that you have conviction about, but for a long period of time, well-meaning people may criticize that effort. When you receive criticism from we""If you double the number of experiments you do per year, you're going to double your inventiveness.""There'll always be serendipity involved in discovery.""Market research doesn't help. If you had gone to a customer in 2013 and said, 'would you like a black, always-on cylinder in your kitchen about the size of a Pringles can that you can talk to and ask questions, that also turns on your lights and plays musi""We recently greenlit a particular Amazon Studios original. I told the team my view: debatable whether it would be interesting enough, complicated to produce, the business terms aren’t that good, and we have lots of other opportunities. They had a completel""Day 2 companies make high-quality decisions, but they make high-quality decisions slowly. To keep the energy and dynamism of Day 1, you have to somehow make high-quality, high-velocity decisions.""We are comfortable planting seeds and waiting for them to grow into trees.""Sometimes we measure things and see that in the short term they actually hurt sales, and we do it anyway.""If you're long-term oriented, customer interests and shareholder interests are aligned.""If you only do things where you know the answer in advance, your company goes away.""All businesses need to be young forever. If your customer base ages with you, you're Woolworth's.""Your margin is my opportunity."
