(Excerpt from Last Man Standing by Morgan Housel) Jeff Bezos had a different view: Margins don’t matter. Dollars do. A huge business with low margins was preferable to the opposite. He explained in 2014: Margins are...
(Extracted from Jeff Bezos’s speech delivered to graduates from Princeton University on May 30, 2010.) What I want to talk to you about today is the difference between gifts and choices. Cleverness is a gift, kindness...
(Extracted from Jeff Bezos 1997 Letter to Amazon shareholders) Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically,...
(Extracted from an article by Janet Choi published on Buffer) According to Bezos, the ideal is the “two pizza team:” if a team couldn’t be fed with two pizzas, it was too big. Social...
