We were hoping to build a small profitable company; and of course, what we've done is build a large, unprofitable company.
Jeff BezosI wanted to project myself forward to age 80 and say, โOK, Iโm looking back on my life. I want to minimise the number of regrets I have.โ And I knew that when I was 80, I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed, I wouldnโt regret that. But I knew the one thing I might regret is not ever having tried. I knew that that would haunt me every day.
Jeff BezosI have a strongly held belief that one of the reasons that Amazon has been successful is because we do not obsess over competitors. Instead we obsess over customers.
Jeff BezosWhen you receive criticism from well-meaning people, it pays to ask, โAre they right?โ And if they are, you need to adapt what theyโre doing. If theyโre not right, if you really have conviction that theyโre not right, you need to have that long-term willingness to be misunderstood. Itโs a key part of invention.
Jeff Bezos