67 All-Time Favorite Jeff Bezos Inspirational Quotes – Rich Celebrities
Jeffery Preston Bezos is an American entrepreneur who is the founder, president and CEO of e-commerce giant Amazon, a multinational technology company. Born on January 12, 1964, he is the only person with a fortune over $200 billion. He has played a vital role in the development of the global e-commerce business.
Amazon
After completing his degree in electrical engineering, Jeff Bezos headed to the field and worked in a range of jobs.he was also New York investment bank DE Shaw & CO. After leaving Shaw & CO, he moved to Washington to open a virtual bookstore. He worked in a garage, hired a handful of employees, and Bezos started building software for the company. Amazon.com is named after a South American river.
The company sold its first book in 1995 (July). The user-friendly website is open 24 hours a day and quickly attracts public attention. The success of the virtual store inspired other business owners in the same niche to give it a shot, prompting Bezos to offer a variety of products on Amazon.com.
Amazon launched its video-on-demand service in 2006 and released the Kindle e-reader in 2007. Other major Amazon achievements include Amazon Drones, Fire Phone, and Whole Food.
personal life
Jeff married a colleague at Shaw & CO in 1993. His wife played a vital role in the founding of Amazon.com and was the company’s first accountant. They have 3 sons and a daughter from their marriage. Their marriage ended in divorce in 2019 due to an extramarital affair.
As one of the most successful people on the planet, Jeff Bezos has a lot to say about his life experiences. Let’s take a look at some of his amazing quotes that are sure to inspire all entrepreneurs.
18 Inspirational Quotes From Jeff Bezos About Business
Jeff is a tycoon in the business world, and his quotes are sure to reflect his experiences beyond life.
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“We at Amazon have three philosophies that have made us successful for 18 years: Put the customer first. Invent. And be patient.”
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“If you are competitor-centric, you have to wait until a competitor is doing something. Customer-centricity allows you to be more pioneering.”
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“You can have the best technology, you can have the best business model, but if the storytelling isn’t great, that’s okay. No one’s going to watch it.”
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“Your profit is my opportunity.”
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“I’m a firm believer in missionaries making better products. They care more. For missionaries, it’s not just about business. There has to be business, and business has to make sense, but that’s not why you do it. You do it It’s because you have something meaningful that motivates you.”
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“All businesses need to be forever young. If your customer base is your age, you’re Woolworth’s.”
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“In the old world, you spent 30% of your time building a great service and 70% of your time promoting it. In the new world, it’s the opposite.”
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“There are two kinds of companies, one that is trying to raise fees and the other that is trying to lower fees. We will be the second.”
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“We’re obsessed with the vision. We’re flexible with the details.”
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“If you only do things for which you know the answer in advance, your company will disappear.”
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“We’ve done price elasticity studies and the answer is always we should raise prices. We don’t because we believe – and we have to take this as a belief – by keeping our prices very, very low, over time , we’ve earned the trust of our customers, and that actually does maximize free cash flow in the long run.”
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“If you’re long-term oriented, customer interests and shareholder interests align.”
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“Companies shouldn’t be addicted to sparkle because sparkle doesn’t last.”
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“All of my best decisions in business and life are made with heart, intuition, courage…not analysis.”
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“Sometimes we measure things and find that in the short term they’re actually hurting sales, and we do that anyway.”
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“We’d love to sow seeds and wait for them to grow into trees.”
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“There are two ways to scale your business. Take stock of what you’re good at, and expand your skills. Or identify what your customers need and work backwards, even if it requires learning new skills.”
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“After reporting quarterly earnings, friends congratulated me and said, ‘Well done, this was a great quarter.'” “I would say, ‘Thanks, but that quarter came out three years ago.'”
15 Aspiring Quotes From Jeff Bezos About Innovation
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“We start with the customer and work backwards to innovate. That becomes the touchstone of how we invent.”
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“when [competitors are] In the morning shower, they were thinking about how to outperform one of their top competitors. In the shower, we were thinking about how to invent something on behalf of the client. “
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“Market research didn’t help. If you went to a customer in 2013 and said, ‘You want to have a black ever-on cylinder the size of a Pringles can in the kitchen that you can talk to and ask questions, it Can you turn on your lights and play music?’ I promise you, they’ll look at you oddly and say, ‘No thanks.'”
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“I do get asked a lot ‘what’s going to change in the next 10 years?’ I’m rarely asked, it’s probably more important – and I encourage you to think about it – the question is what won’t change? The answer to that question can make You organize your events. You can handle these things with confidence, knowing that all the energy you put in today will still pay off for years to come.”
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“Failure and invention are inseparable twins. To invent, you have to experiment, and it’s not an experiment if you know in advance that it will work.”
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“I think frugality drives innovation, just like any other limitation. One of the only ways to get out of it is to invent your own way out.”
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“There will always be chance in discovery.”
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“If you’re going to innovate, you have to be willing to be misunderstood.”
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“If you double the number of experiments you do each year, you double your creativity.”
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“Invention requires a long-term willingness to be misunderstood. You do what you truly believe, you have beliefs, but well-meaning people may criticize the effort over a long period of time. When you receive criticism from well-meaning people, ask “Are they right? “It’s worth it. If so, you need to adjust what they’re doing. If they’re not right, if you’re really convinced they’re wrong, you need to have a long-term willingness to be misunderstood. That’s a key part of invention.”
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“A common pitfall in large organizations – one that hurts speed and creativity – is ‘one-size-fits-all’ decision making … the end result of which is slow action, thoughtless risk aversion, and failure to experiment enough to reduce invention. We have to figure out how to combat this trend.”
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“To accomplish something new, you have to be so stubborn and focused that others might find it unreasonable.” –
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“If you decide to only do what you know will work, you leave a lot of opportunity on the table.”
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“If you look at your competitors, you can’t invent a bunch of stuff yourself.”
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“Me-too companies haven’t done that well over time.”
Jeff Bezos’s fascinating and adventurous remarks
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“We take risks all the time, we talk about failure.” “We need big failures to change things. If we don’t, we’re not swinging enough. You really should swing hard and you’re going to fail, but that’s okay.”
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“We all know that if you’re swinging the fence, you’re going to hit a lot of strikeouts, but you’re also going to hit some home runs.”
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“However, the difference between baseball and business is that the distribution of outcomes in baseball is truncated. When you swing, no matter how good your connection to the ball is, you can run up to four runs. In business, every other segment Time, when you step on the plate, you can score 1,000 times.”
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“If you’re not stubborn, you’ll quickly give up on experiments.”
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“If you’re not flexible, you’re banging your head against the wall and you’re not going to see different solutions to the problem you’re trying to solve.”
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“If you never want to be criticized, for God’s sake, don’t do anything new.”
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“Companies are rarely criticized for things they failed to try. But they are often criticized for things they tried and failed.”
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“We understand this and believe in failing early and iterating until we get it right. When the process works, it means our failures are relatively small (most experiments can start small), and when we find the real We go the extra mile when working on something for a client and hopefully turn it into an even bigger success.”
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“When you see something like that, going back to when we started developing the Kindle about seven years ago…. There you just had to bet. If you bet big enough, and bet early enough, Then none of them will bet on the company. When you bet on the company, it means you haven’t invented it for too long.”
11 Jeff Bezos on life and career
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“When you think about the things you’ll regret when you’re 80, they’re almost always things you didn’t do. They’re inactions. Very few people will regret the things you did that failed and didn’t work or whatever.”
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“You can have a job, or you can have a career, or you can have a mission.”
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“If you can somehow figure out how to make a phone call, you’ve hit the jackpot because it’s important.”
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“If you can make a decision analytically, you should. But it turns out that your most important decisions are always made by instinct and intuition, taste and heart.”
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“Where you’re going to spend your time and energy is one of the most important decisions you’ll make in your life.”
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“The smartest people continually revise their understanding and reconsider problems they think have been solved. They are open to new perspectives, new information, new ideas, contradictions, and challenges to their way of thinking.”
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“A lot of the right people listen a lot and they change their minds a lot. A lot of the right people change their minds without a lot of new data. They wake up and reanalyze things and change their minds. If you don’t change your mind often, you Can…
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