Jeff Bezos (Amazon.com) was on Charlie Rose last week talking about business, the economy, reinventing your business, the kindle, the future of reading, and much more. I love Jeff Bezos and I think he’s one of the greatest business minds around – and he’s awesome to hear speak.
Some notes:
- “Your value proposition to customers shows itself better to your customers in this economy”
- “If I look long term, I am very optimistic”
- “Me too companies tend not to do very well”
The quote I will take with me was…
“People often ask me – Jeff, what’s going to change in five to ten years? But I rarely get asked ‘What’s going to stay the same’? [...] If you base your business strategy on things that are going to change – then you have to constantly change your strategy. Whereas, if you formulate your strategy around customer needs – those tend to be stable in time.”
Brilliant. It’s so easy to get caught up with the changing landscape on the web, in business, etc – and it’s hard to focus on your core competencies. But in the end it always comes back to what your customer needs.
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