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本日佳句 – Jeff Bezos (2)

During the 1999 stock bubble, Jeff says he kept telling employees "Don’t feel 30% smarter because the stock is up 30% this month, because you’ll have to feel 30% dumber when it goes down."

 

"One of the differences between founder/entrepreneurs and financial managers is that founder/entrepreneurs are stubborn about the vision of the business, and keep working the details. The trick to being an entrepreneur is to know when to be stubborn and when to be flexible. The trick for me is to be stubborn about the big things."

 

"We’ve made many errors. People over-focus on errors of commission. Companies over-emphasize how expensive failure’s going to be. Failure’s not that expensive….The big cost that most companies incur are much harder to notice, and those are errors of Omission.

(source)

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