On July 27, 2017, Bezos momentarily became the world's wealthiest person when his estimated net worth increased to just over $90 billion. His wealth surpassed $100 billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112 billion. The first centi-billionaire on the Forbes wealth index, he was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018. In September 2018, Forbes described Bezos as "far richer than anyone else on the planet" as he added $1.8 billion to his worth when Amazon's market cap briefly reached $1 trillion.
Proponent of online shopping, e-commerce pioneer, founder and chief executive of Amazon, Jeff Bezos’ name is rarely ever missing from the list of prominent business leaders and entrepreneurs.
Now, Amazon sells almost anything we can imagine, no matter the season. Thanks to e-commerce, it’s never too early to shop for holidays like Halloween and Christmas. From sites specially meant for makeup, practical furniture, personalized or unique trinkets, and colorful child friendly accessories, Amazon remains an inspiration and the standard for other e-commerce businesses worldwide.
Below are 30 Jeff Bezos quotes for his loyal customers and aspiring young entrepreneurs:
1. “Your brand is what other people say about you when you’re not in the room.” Jeff Bezos
2. “You have to be willing to be misunderstood if you’re going to innovate.” Jeff Bezos
3. “One of the only ways to get out of a tight box is to invent your way out.” Jeff Bezos
4. “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
5. “A company shouldn’t get addicted to being shiny because shiny doesn’t last.” Jeff Bezos
6. “If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.” Jeff Bezos
7. “If you don’t understand the details of your business you are going to fail.” Jeff Bezos
8. “There are two kinds of companies – those that work to raise process and those that work to lower them.” Jeff Bezos
9. “The common question that gets asked in business is, why? That’s a good question, but an equally valid question is why not?”
10. “We want to make money when people use our devices, not when they buy our devices.” Jeff Bezos
11. “A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” Jeff Bezos
12. “The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you, it just works.” Jeff Bezos
13. “If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the internet, they can each tell 6,000 friends.” Jeff Bezos
14. “Your margin is my opportunity.” Jeff Bezos
15. “In business, what’s dangerous is not to evolve.” Jeff Bezos
16. “There’ll always be serendipity involved in discovery.” Jeff Bezos
17. “Kindness is a choice.” Jeff Bezos
18. “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
19. “We have focused like a laser on customer experience, and that really does matter.” Jeff Bezos
20. “Frugality drives innovation.” Jeff Bezos
21. “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
22. “All businesses need to be forever.” Jeff Bezos
23. “Keep our competitors focused on us, while we stay focused on the customer.” Jeff Bezos
24. “Invention by it’s very nature is disruptive.” Jeff Bezos
25. “The people who are right a lot, often change their minds.” Jeff Bezos
26. “The thing that motivates me is a very common form of motivation. And that is, with other folks counting on me, it’s so easy to be motivated.” Jeff Bezos
27. “If you never want to be criticized, for goodness sake don’t do anything new.” Jeff Bezos
28. “If you want to be inventive, you have to be willing to fail.” Jeff Bezos
29. “When the world changes around you and when it changes against you, what used to be a tail wind is now a head wind, you have to lean into that and figure out what to do because complaining isn’t a strategy.” Jeff Bezos
30. “If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.” Jeff Bezos