I really dig a couple of quotes from this piece on Jeff Bezos's response to a question at Amazon's most recent shareholder meeting:
"If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company."
"We are stubborn on vision. We are flexible on details."
"On the day you decide to give up on [an innovative new business idea], what happens? Your operating margins go up because you stopped investing in something that wasn’t working. Is that really such a bad day?"
From Jeff Bezos on innovation: Amazon ‘willing to be misunderstood for long periods of time’
"If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company."
"We are stubborn on vision. We are flexible on details."
"On the day you decide to give up on [an innovative new business idea], what happens? Your operating margins go up because you stopped investing in something that wasn’t working. Is that really such a bad day?"
From Jeff Bezos on innovation: Amazon ‘willing to be misunderstood for long periods of time’
No comments:
Post a Comment