Jeff Bezos Quotes on Time: Jeffrey Preston Bezos is his full name. Born in January 12, 1964 and is an American business tycoon, media proprietor and investor. Bezos is the founder of the multi-national e-commerce company Amazon. With a net worth of more than $200 billion as of June 2021, he is the richest person in the world, according to both Forbes and Bloomberg’s Billionaires Index.
Jeff Bezos quotes about Amazon explains his strategies in developing this business. Some popular Jeff Bezos quotes have been jotted down to find out about his struggles in short and to the point statements.
Jeff Bezos Quotes on Time
“Invention is by its very nature, disruptive. If you want to be understood at all times, then don’t do anything new.” — Jeff Bezos
“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.” — Jeff Bezos
“In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts.” — Jeff Bezos Quotes
“You can do the math 15 different ways, and every time the math tells you that you shouldn’t lower prices because you’re going to make less money. That’s undoubtedly true in the current quarter, in the current year.” — Jeff Bezos
“I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is how it works for me. There are a lot of paths to satisfaction, and you need to find one that works for you.” — Jeff Bezos
“You need a culture that high-fives small and innovative ideas and senior executives [that] encourage ideas. In order for innovative ideas to bear fruit, companies need to be willing to “wait for 5-7 years, and most companies don’t take that time horizon.” — Jeff Bezos Quotes
Jeff Bezos Quotes on Money
“The most important single thing is to focus obsessively on the customer. Our goal is to be the earth’s most customer-centric company.”
“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.”
“Your brand is what people say about you when you’re not in the room.”
“If you double the number of experiments you do per year, you’re going to double your inventiveness.”
“I knew that if I failed, I wouldn’t regret that. But I knew the one thing I might regret is not trying.”
“If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.”
“The common question that gets asked in business is, ‘why?’ That’s a good question, but an equally valid question is, ‘why not?'”
“What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tailwind is now a headwind – you have to lean into that and figure out what to do because complaining isn’t a strategy.”
“I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.”
“The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you. It just works.”
“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.”
“The human brain is an incredible pattern-matching machine.”
Amazon Jeff Bezos Quotes
“As Jeff Bezos, founder and CEO of Amazon, says: “In the old world, you devoted 30 percent of your time to building a great service and 70 percent of your time to shouting about it. In the new world, that inverts.”16” — Eric Schmidt (Ex-Google CEO)
“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.” — Jeff Bezos
“What we want to be is something completely new. There is no physical analogy for what Amazon.com is becoming.” — Jeff Bezos Quotes
“I like treating things as if they’re small, you know Amazon even though it is a large company, I want it to have the heart and spirit of a small one.” — Jeff Bezos Quotes
“At Amazon we like things to work on for five to seven years. We’re willing to plant seeds, let them grow and we’re very stubborn. We say we’re stubborn on vision and flexible on details.” — Jeff Bezos Quotes
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“One of the things we don’t do very well at Amazon is a me-too product offering. So when I look at physical retail stores, it’s very well served, the people who operate physical retail stores are very good at it…the question we would always have before we would embark on such a thing is: What’s the idea? What would we do that would be different? How would it be better? We don’t want to just do things because we can do them…we don’t want to be redundant.” — Jeff Bezos
“As a company grows, everything needs to scale, including the size of your failed experiments. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can
Customer Obsession Quotes
“What’s dangerous is not to evolve, not to invent, not to improve the customer experience.” — Jeff Bezos
“Obsess about customers, not competitors.” — Jeff Bezos Quotes
“I’m a big fan of all-you-can-eat plans, because they’re simpler for customers.” — Jeff Bezos
“The most important single thing is to focus obsessively on the customer. Our goal is to be Earth’s most customer-centric company.” — Jeff Bezos
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“The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you, it just works.” — Jeff Bezos
If you do build a great experience, customers tell each other about it. Word-of-mouth is very powerful.” — Jeff Bezos
“You know if you make a customer unhappy, they won’t tell five friends, they’ll tell 5,000 friends. So we are at a point now where we have all of the things we need to build an important and lasting company, and if we don’t, it will be shame on us.” — Jeff Bezos
“If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the internet, they can each tell 6,000 friends.” — Jeff Bezos Quotes
Jeff Bezos Quotes on Entrepreneurship
“One advantage — perhaps a somewhat subtle one — of a customer-driven focus is that it aids a certain type of proactivity. When we’re at our best, we don’t wait for external pressures. We are internally driven to improve our services, adding benefits and features, before we have to.” — Jeff Bezos Quotes
“If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.” — Jeff Bezos Quotes
“If there’s one reason we have done better than of our peers in the Internet space over the last six years, it is because we have focused like a laser on customer experience, and “We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” — Jeff Bezos
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“Focus on cost improvement makes it possible for us to afford lower prices, which drives growth. Growth spreads fixed costs across more sales, reducing cost per unit, which makes possible more price reductions. Customers like this, and it’s good for shareholders. Please expect us to repeat this loop.” — Jeff Bezos
“We have focused like a laser on customer experience, and that really does matter.” — Jeff Bezos Quotes
“If your customer base is aging with you, then eventually you are going to become obsolete or irrelevant. You need to be constantly figuring out who are your new customers and what you are doing to stay forever young.” — Jeff Bezos
Jeff Bezos Quotes Work Hard
“Work hard, have fun, and make history.” — Jeff Bezos
“It’s not an experiment, if you know it’s going to work.” — Jeff Bezos
“The common question that gets asked in business is, why? That’s a good question, but an equally valid question is why not?” — Jeff Bezos Quotes
“There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.” — Jeff Bezos
“Friends congratulate me after a quarterly-earnings announcement and say, “Good job, great quarter … And I’ll say, ‘Thank you, but that quarter was baked three years ago. I’m working on a quarter that’ll happen in 2021 right now.” — Jeff Bezos Quotes
“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.” — Jeff Bezos
“I don’t want to use my creative energy on somebody else’s user interface.” — Jeff Bezos
“There are two kinds of companies – those that work to raise process and those that work to lower them.” — Jeff Bezos
“Working backwards from customer needs often demands that we acquire new competencies and exercise new muscles, never mind how uncomfortable and awkward-feeling those first steps might be.” — Jeff Bezos
Jeff Bezos Quotes on Business
“The common question that gets asked in business is, “why?” That’s a good question, but an equally valid question is, ‘why not?” — Jeff Bezos
“On the Internet, companies scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It’s very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.” — Jeff Bezos
“If you don’t understand the details of your business, you are going to fail.” — Jeff Bezos
“Profitability is very important to us, or we wouldn’t be in this business.” — Jeff Bezos
that really does matter, I think, in any business. It certainly matters online, where word-of-mouth is so very, very powerful.” — Jeff Bezos
“Wandering in business is not efficient … but it’s also not random. It’s guided… and powered by a deep conviction that the prize for customers is big enough that it’s worth being a little messy and tangential to find our way there. Wandering is an essential counterbalance to efficiency. You need to employ both. The outsized discoveries – the “non-linear” ones – are highly likely to require wandering.” — Jeff Bezos
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“If you’re good at correcting, being wrong may be less costly than you think. Whereas being slow is going to be expensive for sure.” — Jeff Bezos
“Another thing that I would recommend to people is that they always take a long-term point of view. I think this is something about which there’s a lot of controversy. A lot of people — and I’m just not one of them — believe that you should live for the now.” — Jeff Bezos
Jeff Bezos Quotes on Entrepreneurship
“Part of company culture is path-dependent – it’s the lessons you learn along the way.” — Jeff Bezos
“A word about corporate cultures: for better or worse, they are enduring, stable, hard to change. They can be a source of advantage or disadvantage. You can write down your corporate culture, but when you do so, you’re discovering it, uncovering it — not creating it…..The reason cultures are so stable in time is because people self-select.” — Jeff Bezos
“Perhaps it is his goofy laugh and silly grin that made people underestimate him; certainly his playfulness contributed to that perception. At their wedding reception, Jeff [Bezos] and MacKenzie provided an outdoor adult play area that included water balloons.” — Richard L. Brandt, One Click: Jeff Bezos and the rise of Amazon.com
“It is difficult for us to imagine that ten years from now, customers will want higher prices, less selection, or slower delivery. Our belief in the durability of these pillars gives us the confidence required to invest in strengthening them.” — Jeff Bezos
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“If you double the number of experiments you do per year you’re going to double your inventiveness.” — Jeff Bezos
“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” — Jeff Bezos
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” — Jeff Bezos
Jeff Bezos Leadership Quotes
“One of the only ways to get out of a tight box is to invent your way out.” — Jeff Bezos
“If you’re very clear to the outside world that you’re taking a long-term approach, then people can self-select in.” — Jeff Bezos
“Market leadership can translate directly to higher revenue, higher profitability, greater capital velocity, and correspondingly stronger returns on invested capital.” — Jeff Bezos
“My own view is that every company requires a long-term view.” — Jeff Bezos
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“I believe you have to be willing to be misunderstood if you’re going to innovate.” — Jeff Bezos Quotes
“The good news for shareowners is that a single big winning bet can more than cover the cost of many losers.” — Jeff Bezos
“There are two ways to extend a business. Take inventory of what you’re good at and extend out from your skills. Or determine what your customers need and work backwards, even if it requires learning new skills. Kindle is an example of working backward.” — Jeff Bezos
Jeff Bezos Quotes on Success
“It’s hard to remember for you guys, but for me it’s like yesterday I was driving the packages to the post office myself, and hoping one day we could afford a forklift.” — Jeff Bezos
“The balance of power is shifting toward consumers and away from companies… The right way to respond to this if you are a company is to put the vast majority of your energy, attention and dollars into building a great product or service and put a smaller amount into shouting about it, marketing it.” — Jeff Bezos
“A company shouldn’t get addicted to being shiny, because shiny doesn’t last.” — Jeff Bezos
“Patience, persistence, and obsessive attention to detail.” — Jeff Bezos
“The human brain is an incredible pattern-matching machine.” — Jeff Bezos
“… seek to build a community–to make better choices in the people with whom you partner–that’s the only way to have greater long-term impact on the world.” — Jeff Bezos
“The keys to success are patience, persistence, and obsessive attention to detail.” — Jeff Bezos
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“It’ so ambitious to take something as highly evolved as the book and improve on it.” — Jeff Bezos Quotes
“Frugality drives innovation.” — Jeff Bezos
Is there anyone out there who is the next Steve Jobs? I think Jeff Bezos is pretty close. He is very smart. He is extremely creative. He has completely reinvented the way in which commerce is done online.” — John Sculley (Ex-Apple CEO)
Jeff Bezos Motivational Quotes
“If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.” — Jeff Bezos
“The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which.” — Jeff Bezos
“You have to be willing to be misunderstood if you’re going to innovate.” — Jeff Bezos Quotes
“We want to make money when people use our devices, not when they buy our devices.” — Jeff Bezos
“One of the huge mistakes people make is that they try to force an interest on themselves. You don’t choose your passions. Your passions choose you.” — Jeff Bezos
“If you never want to be criticized, for goodness sake don’t do anything new.” — Jeff Bezos
Jeff Bezos is one of the richest and most successful people in the world. He’s also known for being a very motivational speaker. In this blog post, we’ve looked at some of his best quotes and what they mean for entrepreneurs and business owners.
Jeff Bezos has proven to this world how a person can be a multimillinior through his hard and calculated work at the right time. Jeff Bezos Quotes About Time proves that hard work can change the time when it is done at the right time and right direction. He has explained the importance of time in his quotes. Your suggestions are always welcome.