Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
From Jeff Bezos
Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online.
There are two ways to extend a business. Take inventory of what you're good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.
Life's too short to hang out with people who aren't resourceful.
I believe you have to be willing to be misunderstood if you're going to innovate.
I think the definition of a book is changing.
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.
It is very difficult to get people to focus on the most important things when you're in boom times.
If you don't understand the details of your business you are going to fail.
There'll always be serendipity involved in discovery.
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