JB is great!! I have been following his career since the CD Now /E-bay/ Amazon battles!! Truly one of the most under-rated great minds of our time. Keep it up sir!!
Our UA-cam video countdown continues! The number 7 most watched video on the AWS channel is the fireside chat between Amazon CEO Jeff Bezos & CTO Werner Vogels during the second keynote of AWS re:Invent 2012.
High margins leaves one lazy. It's just too good and you get used to it. Then a competitor comes and your nice high margin business is gone, and you can't do anything about it. You don't know how to run it with smaller margins. The only way to survive in the long run is to be efficient, lean, and that includes living with small margins. Then no competitor can ever come after you.
JB is great!! I have been following his career since the CD Now /E-bay/ Amazon battles!! Truly one of the most under-rated great minds of our time. Keep it up sir!!
Our UA-cam video countdown continues! The number 7 most watched video on the AWS channel is the fireside chat between Amazon CEO Jeff Bezos & CTO Werner Vogels during the second keynote of AWS re:Invent 2012.
High margins leaves one lazy. It's just too good and you get used to it. Then a competitor comes and your nice high margin business is gone, and you can't do anything about it. You don't know how to run it with smaller margins. The only way to survive in the long run is to be efficient, lean, and that includes living with small margins. Then no competitor can ever come after you.
And it all servers to make him a very engaging person to listen to. This was an excellent discussion.
Long-term thinking combined with an ego which he apparently manages well. Nice, I like it.
Awesome! Why did I leave Amazon :(
why do you sweep? why not eliminate the source of dirt?
Great chat and insights in to the Amazon philosophy around customer centric approach to everything...
This has already been done. Clock of the Long Now