Jeff Bezos Quotes

When we think of the richest people in the world, one name that comes to mind is Jeff Bezos. It is about nothing more and nothing less than the founder of the great online sales platform Amazon. In 2017, Forbes magazine named him the richest person in the world. Back then, the assets of this new technology entrepreneur exceeded one hundred billion dollars. Its success is, therefore, irrefutable, giving an immense value to the phrases of Jeff Bezos.

This American genius studied Computer Science and Electrical Engineering at Princeton University. Since then, his career and financial trajectory have not stopped increasing. In order to better understand his philosophy and the ideas that have led him to be so successful today, we are going to list the best phrases of Jeff Bezos. I highly recommend that you take a look at them.

The 55 best phrases of Jeff Bezos

As we have already mentioned, Jeff Bezos is a person who has been very successful through ambitious projects of international scope. The founder of Amazon has been accumulating a lot of experience (and also money) over the last few years. Even though he is no longer the richest person in the world to this day, yes he remains in the top five with a net worth of $ 210,7 billion. Therefore, the phrases of Jeff Bezos can be very useful and inspiring if our goal is to improve our financial status. Below you will find a list of the 55 best phrases of this billionaire businessman:

1. "If you double the number of experiments a year, you will double your wits."
2. «You can have the best technology, you can have the best business model, but if you don't know how to tell your story; none of that will matter. No one will see you.
3. «If you decide that you will do only the things that you know will work; you are going to leave many opportunities on the table. "
4. “If you are focused on your competitors, you will have to wait for your competitor to do something new. Being focused on the consumer allows you to be more innovative. "
5. "Make the necessary decisions so you don't regret it later."
6. "The great thing about fact-based decisions is that they go beyond hierarchy."
7. “There are 2 kinds of companies, those that try to charge more and those that try to charge less. Amazon is one of the second. "
8. "If you never want to be criticized, please don't try anything new."
9. "Life is too short to be around people who are not resourceful."
10. If you are not stubborn, you will give up very soon; If you are not flexible, you will hit the wall without being able to find the solution to the problem you are trying to solve. "
11. "Market leadership can translate directly into higher income, higher profitability, higher speed of capital, and consequently higher returns on invested capital."
12. “The best customer service is when the customer doesn't need to call you, or talk to you. It just works. "
13. "Everything you are comes from your decisions."
14. “If you create a great experience, customers will tell more about it. Word of mouth is very powerful. "
15. "Determine what your clients need and work from the bottom up."
16. Above all, get in line with customers. Win when they win. Win only when they win. "
17. “We've had three great ideas at Amazon that we've been sticking with for 18 years; and they are the reason we are successful: The customer comes first. Invent. And be patient. "
18. «The Internet in general and Amazon.com in particular; they're still in Chapter One. "
19. "We want to make money when people use our devices, not when people buy them."
20. "Your brand is what people say about you when you are not in the room."
21. «A brand for a company is like a reputation for a person. You earn a reputation by trying to do difficult things well. "
22. “We see our clients as guests at a party and where we are the hosts. It's our job every day to make every important aspect of the customer experience that little bit better. "
23. “The common question asked in business is why? That is a good question. But an equally valid question is, why not? "
24. “If you make customers unhappy in the physical world, each of them can tell 6 friends. If you make customers unhappy on the Internet, each one can count to 6000. »
25. We can't be in survival mode. We have to be in growth mode. "
26. “The three most important things in commerce are location, location, and location. The three most important things for our consumer business are technology, technology and technology. "
27. «What we have to do is always go towards the future; when the world changes around you and when it changes against you, you have to lean on that and figure out what to do. Because complaining is not a strategy. "
28. “If we can keep our competitors focused on us; while we focus on the client; in the end we will succeed. "
29. "We watch our competitors, we learn from them, we see the things they were doing for customers, and we copy them as much as we can."
30. "Obsess over your consumers, not your competitors."
31. "I have not seen a manager or leader, who cannot spend time in the trenches ... If they do not, they become disconnected from reality and their entire thought and management process becomes abstract and disconnected."
32. «What characteristics do I look for when hiring someone? That is one of the questions I ask when interviewing. I want to know what kind of people they would hire. "
33. “We also have no incentive compensation of any kind. And we don't do it because it is detrimental to teamwork. "
34. "It's hard to find things that can't be sold online."
35. "Your margin is my chance."
36. "Every new thing creates two new questions and two new opportunities."
37. "I knew if I failed I wouldn't regret it, but I knew the only thing I could regret was not trying."
38. “I think the technology advanced faster than expected. In that whirlwind, many companies did not survive. The reason we've gotten it right is because even in that whirlwind; we kept our eyes focused on the customers. All the metrics that we can track about them have improved every year. "
39. "It is not an experiment if you know it will work."
40. We are stubborn in vision. We are flexible in the details. »
41. "Our view is that we will sell more if we help people make purchasing decisions."
42. “Large industries are not created by a company. There is still room for many winners. "
43. "I think this is never a bad time to innovate."
44. «One of the great mistakes that people make is that they force themselves towards certain interests. You don't choose your passions. Your passions choose you. "
45. "I think you must be willing to be misunderstood if you want to innovate."
46. "The really dangerous thing is not evolving."
47. "At all times, have a firm understanding of what is obvious."
48. “A company shouldn't get addicted to being 'brilliant'; because shiny doesn't last. "
49. “What motivates me is a very common form of motivation. And it is knowing that other people count on me. It is very easy to be motivated. "
50. 'Invention requires a long-term willingness to be misunderstood. You do something that you really believe in, about which you have conviction; but over a long period of time, well-meaning people can criticize that effort. "
51. «I'm a big fan of the“ all you can eat ”plans; because they are simpler for customers. "
52. "There will always be serendipity around discovery."
53. "I believe that all companies need a long-term vision."
54. "If you don't understand the details of your business, you're going to fail."
55. «What offends me the most is when I pass by a bank and see advertisements that try to convince people to take second mortgages on their house; so they can go on vacation. That is wrong."

How much does Jeff Bezos earn per year?

Now that we know the best phrases of Jeff Bezos, let's talk about how much the founder of Amazon earns annually. During the time he was in charge of this great online sales platform, his base salary was $ 81 a year. However, to this base it is necessary to add other additional compensations, that raise their annual income to one million 681 thousand 840 dollars. This is equivalent to the following figures:

• 140 dollars a month
• 35 thousand 38 dollars a week
• 5 thousand 5,5 dollars a day
• $ 208,56 per hour
• $ 3.47 per minute

Not bad, right? Well, it is unimpressive compared to what he earned Elon Musk at that time, which was around 595 million dollars in 2019. Today, Bezos has increased his net worth by $ 75 billion in 2020 alone, year in which there was the great confinement by the COVID and the online sales soared. As a consequence, the Amazon founder's income also increased, which is currently approaching these figures:

• 6 billion dollars a month
• One thousand 562,5 million dollars a week
• $ 223,21 million a day
• $ 9.3 million an hour
• 155 thousand dollars a minute

As we can see, Jeff Bezos has made an impressive change when it comes to his income. I hope that the ideas and phrases of Jeff Bezos have inspired and motivated you to continue with your financial journey.