Tips on business from the richest man in the world

Jeff Bezos the latest tech billionaire to flex his muscles | The New Daily

Below are quotes from Amazon CEO and one of the richest man in the world Jeff Bezos

Time and focus

“Life’s too short to hang out with people who aren’t resourceful.”

“What’s dangerous is not to evolve.”

Test and retest

“It’s not an experiment if you know it’s going to work.”

 “If you double the number of experiments you do per year you’re going to double your inventiveness.” 

“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.” 

“Be stubborn on vision, but flexible on details.”

Look upon the positives

“The common question that gets asked in business is, ‘why?’ That’s a good question, but an equally valid question is, ‘why not?’”

Focus on what you can provide to customers

“Obsess about customers, not competitors.”

 “If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”

“There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.”

“Put the customer first. Invent. And be patient.”