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Jeff Bezos once said: "You can be grinding for 4 years with no results, and in the 5th year, become the biggest thing on the planet. The power of not giving up is real" Here are 10 things I learned from him:
"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well." - Jeff Bezos
"If you double the number of experiments you do per year, you're going to double your inventiveness." - Jeff Bezos
"Your brand is what other people say about you when you're not in the room." - 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
"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 common question that gets asked in business is, 'why?' That's a good question, but an equally valid question is, 'why not?'" - Jeff Bezos
"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
"Invention is not disruptive. Only customer adoption is disruptive." - Jeff Bezos
"We are stubborn on vision. We are flexible on details." - Jeff Bezos
"If you're long-term oriented, customer interests and shareholder interests are aligned." - Jeff Bezos
That's it for today. If you liked this, you'll love this compilation I made from all shareholder letters of Jeff Bezos. Grab them here: <a target="_blank" href="https://compounding-quality.ck.page/7708b7fa14" color="blue">compounding-quality.ck.page/7708b7fa14</a>