Jeff Bezos' CEO's word 20, which led Amazon to success with a long tail model

BySteve Jurvetson

CEO Jeff Bezos, who leads Amazon, the biggest Internet mail ordererTIME magazineIt is a person who has influence as much as you have been chosen as Person of the Year. Mr. Bezos mentioned twenty quotations that described business and life in the past,The Motley FoolIt is summarized.

The 20 Smartest Things Jeff Bezos Has Ever Said (AMZN)
http://www.fool.com/investing/general/2013/09/09/the-25-smartest-things-jeff-bezos-has-ever-said.aspx


◆ 01:
"Business must keep youth permanently, if company goes with a customer with age, the companyWoolworthyou know"

ByJonathan Kos-Read

Woolworth was a retailer founded in 1879, and although it was a success at a time as a "department store at bargain price", it was acquired by Wal-Mart in 1994 due to poor performance.

ByAdam Lederer

◆ 02:
"There are two types of companies that make efforts to make customers pay higher money, and the other two are types that make efforts to do with cheap prices, and Amazon is a company that adopts the latter method"

ByJD Hancock

◆ 03:
"It is also an opportunity for me to earn profits from customers"

ByCloud_nine

◆ 04:
"If the problem is known only in advance, the company will collapse."

ByCollegeDegrees 360

◆ 05:
"There are three beliefs underlying in Amazon" Amazon always has customer-oriented thinking "" To keep on inventions "" To be patient "has not changed for 18 years"

ByMarya

◆ 06:
"I frequently ask myself" I wonder what will change over the next decade? "On the contrary, I will never ask the question" What will not change in the next ten years ?. "However, The second question is more important than the first one - in the retail industry we develop,Provision of goods at low price · Fast delivery · Widespread choice of productsI fully understand that this request will not change for the next 10 years. Since it is impossible for customers to say "Please raise the product further" or "Please deliver it more slowly" in the past 10 years, so the efforts currently paid to answer the customer's request It is quite natural that you will continue to be rewarded for the next ten years. Even if it is a long-term perspective, if you believe, you can put in much power. "

ByAroon_kalandy

◆ 07:
"If you are not stubborn you will give up immediately, and if you are not flexible, you will never hit the walls you face and never find a different solution."

ByMike Baird

◆ 08:
"The business plan assuming what will actually happen will not work, as reality will always change constantly"

ByEduardo Amorim

◆ 09:
"In the old days, if we had 100% of time we had 30% to build service and the remaining 70% to promotion, but now it is the opposite."

ByAlexandre Duret-Lutz

◆ 10:
"We have been conducting research on price elasticity for many years, but we always get a result that we should" raise the price. "However, by setting the price very low, you can earn the trust of customers and long-term I believe that free cash flow can be maximized, so I will not raise the price. "

ByRyan Heaney

◆ 11:
"Easier Amazon's startupFrameworkWe named the reprogramming minimization framework. I wanted to reduce the number of regrets in my life as much as possible so that I could say "It was good" when I turned 80 when I looked back on my life. I believed that I never regret having challenged a new thing called the Internet which I thought would be a big game. I knew that I would not regret even if I failed. However, if you did not try it you would have regretted. I knew I would regret and live every day. "

ByTerry Chay

◆ 12:
"Starting business together with customers, working in full force creates innovation, this theory is a touchstone of Amazon's invention"

ByStuart Boreham

◆ 13:
"Employees of other companies are thinking how to win the competition while taking a shower every morning and Amazon employees are showering every morning and thinking how to invent new things for customers"

ByHelga Weber

◆ 14:
"Companies must not be too concerned about keeping shining, the glow never lasts forever."

ByAaron Weber

◆ 15:
"I think thrifts will create inventions, the only way to escape from a trapped small box is to create an exit for myself."

ByGiorgio raffaelli

◆ 16:
"Doubling the number of trials done per year will double the creative ability"

ByShubert Ciencia

◆ 17:
"If you do not want to be criticized, you'd better not do anything."

ByHamed Saber

◆ 18:
"If you have a long-term outlook, the interests of customers and shareholders are sure to match."

ByNeil Kremer

◆ 19:
"Even if misunderstood, the invention requires a patience to keep believing, even if my actions are based on beliefs, there will be people who criticize, at that time," Are those who are criticizing right? " Try asking yourself, if you think it is right, just do as they say, but if you think it is wrong, you need a heart to endure criticism. "

ByTom Brown

◆ 20:
"I understand that you are concerned about the trends of other companies, but it's important not to copy other companies' actions but to add something different by adding their own ideas."

ByJules Stoop