Jeff Bezos on Amazon


Last quote by Jeff Bezos on Amazon

I assure you that we also remain hard at work on finding a
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Oct 18 2017
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All quotes by Jeff Bezos on Amazon

I want them to have access to as many of those A.I.s as possible. In my view of the world, because that would be best for the customer, that's probably what eventually

These are very humble roots, I can assure you. When we started out, I drove the packages to the post office in my Chevy Blazer myself… I had a grand vision that one day we might be able to afford a

I didn't know anything about the newspaper business. But I did know something about the

Wall Street... is not one thing. The investment community is made up of thousands and thousands of investors with different philosophies. As long as you're clear about what you're trying to build, and why, I think investors opt in. And the ones who don't like that approach opt

We humans have become so technologically sophisticated that in certain ways we're dangerous to ourselves. It's going to be increasingly important over time for humanity to take a longer-term view of its

The number-one criterion was that I wanted a woman who could get me out of a Third World prison. I think my wife is resourceful, smart, brainy, and hot, but I had the good fortune of having seen her résumé before I met her, so I knew exactly what her SATs

I was doing well, but it was so much work for me, it was hard and there were half a dozen people in my class who were so gifted, and their brains were just wired in a different way, and the things that I worked so hard to do came so effortlessly to

Basically what I am doing right now is taking my Amazon winnings and investing them. Every time you see me sell stock on Amazon, it's send more money to the Blue Origin

I fell in love with the idea of space and space exploration and space travel when I was 5 years old. I watched Neil Armstrong step onto the moon. You don't choose your passions, your passions choose you. I – so I am infected with this idea. I couldn't ever stop thinking about space. I have been thinking about it ever since

I'm thinking I want much of my philanthropic activity to be helping people in the here and now -- short term -- at the intersection of urgent need and lasting

The key thing about a book is that you lose yourself in the author's

I took the less safe path to follow my passion and I'm proud of that

We want Prime to be such a good value, you'd be irresponsible not to be a member. There's a good chance you're already one of them, but if you're not–please be responsible–join

If you really wanted to build a business you could support with advertising alone, especially programmatic advertising, you'd have to be incredibly lean, you'd have to eliminate a lot of layers of editing, you would not do much original material, you would cleverly rewrite other people's material, you would emphasize clever writing as opposed to original sourcing. If you want to do investigative reporting and other kinds of very expensive reporting, you have to have a model where people will pay you for

This is not a philanthropic endeavor. For me, I really believe, a healthy newspaper that has an independent newsroom should be self-sustaining. And I think it's achievable. And we've achieved

One of the first rules of business is complaining is not a strategy. You have to work with the world as you find it, not as you would have it

We run Amazon and the Washington Post in a very similar way in terms of the basic approach. We attempt to be customer-centric, which in the case of the Post means reader-centric. I think you can get confused, you can be advertiser-centric -- and what advertisers want, of course, is readers -- and so you should be simple-minded about that and you should be focused on readers. If you can focus on readers advertisers will

[W]hoever your anonymous sources are on this story… they've mixed up their meds! And on the NYPost article, if anybody knows how to get 20% margins in groceries, call me! :).feedback

I'm thinking about a philanthropy strategy that is the opposite of how I mostly spend my time - working on the long term. I like long-term - it's a huge lever: Blue Origin, Amazon, Washington Post - all of these are contributing to society and civilization in their own ways. But I'm thinking I want much of my philanthropic activity to be helping people in the here and now - short term - at the intersection of urgent need and lasting impact. If you have ideas, just reply to this tweet with the idea (and if you think this approach is wrong, would love to hear that

In many cases, for-profit models improve the world more than philanthropy models, if they can be made to

Day two is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always day

Warren's remarks are very meaningful to me because he's a hero to me. I read all his books. We don't need to make sure it works, but if it works can it be big?feedback

Amazon is not happening to book selling. The future is happening to

If everything you do needs to work on a three-year time horizon, then you're competing against a lot of people. But, if you're willing to invest on a seven-year time horizon, you're now competing against a fraction of those people, because very few companies are willing to do that. Because of our emphasis on the long term, we may make decisions and weigh trade-offs differently than some companies. We aren't so bold as to claim that the above is the 'right' investment philosophy, but it's ours, and we would be remiss if we weren't clear in the approach we have taken and will continue to

It is a renaissance, it is a golden age. We are now solving problems with machine learning and artificial intelligence that were … in the realm of science fiction for the last several decades. And natural language understanding, machine vision problems, it really is an amazing

But those are kind of the showy ones. I would say, a lot of the value that we're getting from machine learning is actually happening beneath the surface. It is things like improved search results. Improved product recommendations for customers. Improved forecasting for inventory management. Literally hundreds of other things beneath the

Eight hours of sleep makes a big difference for me, and I try hard to make that a priority. For me, that's the needed amount to feel energized and

Mostly, as any of us go through our lives, we don't need to maximize the number of decisions we make per day. Making a small number of key decisions well is more important than making a large number of decisions. If you shortchange your sleep, you might get a couple of extra 'productive' hours, but that productivity might be an

When you're talking about decisions and interactions, quality is usually more important than

Most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you're probably being slow. Plus, either way, you need to be good at quickly recognizing and correcting bad decisions. If you're good at course correcting, being wrong may be less costly than you think, whereas being slow is going to be expensive for

Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1. We can have the scope and capabilities of a large company and the spirit and heart of a small one. But we have to choose

If we can make access to space low-cost, then entrepreneurs will be unleashed. You will see creativity, you will see dynamism, you will see the same thing in space that I've witnessed on the internet in the last 20 years. It's a mistake to race to a deadline when you're talking about a flying vehicle, especially one that you're going to put people on. I still think we can do commercial paying passengers in

If we can make access to space low-cost, then entrepreneurs will be unleashed. You will see creativity, you will see dynamism, you will see the same thing in space that I've witnessed on the internet in the last 20 years. My singular focus is people in space. I want humans in space. And when you build something that has a high fixed cost, like New Glenn, to make the business model close, you have to use it for other

This is all about reusability. Reusability is the key to getting millions of people living and working in space. It has to real operational reusability. It can't be just theoretical

I always remind the team is that we are not racing. We are going to test it. We will put humans on this when it is ready and not a second sooner...It's a mistake to race to a deadline when you're talking about a flying vehicle, especially one you're going to put people on. The whole space industry is too small. The reason is, we don't fly very often. If airplane flights cost the same as in 1940, that would also be a small industry today….we need to get

Of course, we'll be just as competitive. But how do you compete? When people say that an entrant is disruptive in an industry, what they really mean is that customers are adopting that new way. At Amazon we've had a lot of inventions that we were very excited about and customers didn't care at all. And believe me, those inventions were not disruptive in any way. The only thing that's disruptive is customer adoption. If you can invent a better way, and customers believe that's a better way, then they will use it. And that's what we're trying to do at Blue

My business model right now for Blue Origin is that I sell about $1 billion a year of Amazon stock and I use it to invest in Blue Origin. It's very important that Blue Origin stand on its own feet and be a profitable, sustainable enterprise. That's how real progress gets made. My singular focus is to have people in space. To make that model work, we have to do other things, so satellite customers will cover some of the costs in the early innings. The demand for this will be up to the customers. I have thrown plenty of parties that no one came to, but I don't think that will be

Why do I feel so much like Sigourney Weaver? I just got to pilot an awesome (and huge) robot thanks to Hankook Mirae Technology. Nice!

New Glenn has quite a bit of capability. A few months ago, we started approaching customers, and Eutelsat was very interested right away. We couldn't hope for a better first partner, because they're going to be able to help. Our goal, and we won't stop until we achieve it, is to dramatically lower launch costs. It's not going to be easy, and it's going to take time. But when we do achieve that goal, it will grow the entire

It is time for America to return to the Moon – this time to stay. A permanently inhabited lunar settlement is a difficult and worthy objective. I sense a lot of people are excited about

This executive order is one we do not support. We're a nation of immigrants whose diverse backgrounds, ideas and points of view have helped us build and invent as a nation for over 240 years. To our employees in the US and around the world who may be directly affected by this order, I want you to know that the full extent of Amazon's resources are behind

This executive order is one we do not support. Our public policy team in D.C. has reached out to senior administration officials to make our opposition clear. We've also reached out to congressional leaders on both sides of the aisle to explore legislative options. We're a nation of immigrants whose diverse backgrounds, ideas, and points of view have helped us build and invent as a nation for over 240 years. No nation is better at harnessing the energies and talents of immigrants. It's a distinctive competitive advantage for our country – one we should not

The reason is that people in the industry thought that what we were doing was so damn

The engineering challenge involved with building a highly profitable, reusable vehicle is gigantic. But if you can do that, it's a game

I believe it's incredibly important that we humans go out into space … We need to do that to preserve the

We've always focused on customer obsession versus competitor obsession. We want to be

One of the great issues of our age is going to be privacy. People don't think about it, but if you have a mobile phone in your pocket, it has microphones on it, and those microphones are under software control. And I would posit to you that just about any nation state in the world worth its salt can put a computer virus on your phone, anytime they want, and listen to everything you say from your

We've done something a little unusual with Echo. It would be no different from your phone, but we went one step further than what's done on a phone. When you hit the mute button on Echo, that red ring comes on that says the microphone is turned off. That mute button is connected to the microphone with analog electronics. You have to come physically tamper with the device. You couldn't do it with a computer

The core of the company is customer obsession, as opposed to competitor obsession. Customers are always dissatisfied. They always want more. And so they pull you along, if you're trying to serve them.... customers are always pulling

The fact that it's always on, you never have to charge it, and it's there ready in your kitchen or your bedroom or wherever you put it, the fact that you can talk to it in a natural way – removes a lot of barriers, a lot of friction. It's easier than taking your phone out of your pocket. And what people have found over and over again is that removing the tiniest amount of friction from ordinary activities ... it improves customers'

To try and chill the media and threaten retribution, retaliation – which is what he has done in a number of cases to people involved in the media – is not appropriate. We have freedom of speech in this country, written into the Constitution. But except for our norms and our behaviors – the stories we tell ourselves as a nation– it's just a piece of

Peter Thiel is a contrarian, first and foremost, and you just have to remember that contrarians are usually wrong. conventional wisdom is usually

One of the things that makes this country as amazing as it is, is that we are allowed to criticize and scrutinize our elected leaders. And there are other countries where if you criticize the elected leader you might go to jail – or worse, you may just disappear. And the appropriate thing for a presidential candidate to do is to say, I am running for the highest office in the most important country in the world. Please scrutinize

When you look at the pattern of things, he's not just going after the media and threatening retribution for those who scrutinize him. It's also him saying he may not give a graceful concession speech if he loses the election. That erodes our democracy around the edges. These aren't acceptable behaviors, in my

It's way too divisive to say, If you have this opinion, you can't sit on my board. That makes no

We really like that business. I encourage you to shop early and

It's very gratifying that the world's premier launch companies are choosing our

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Quotes by Jeff Bezos on Amazon

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