We are our choices. Build yourself a great story.
Jeff BezosRead
If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
Interpretation
Businesses should prioritize transparency and truthfulness over deception and misinformation.
Jeff Bezos emphasizes the significance of ethical business practices, suggesting that relying on customers' ignorance is unsustainable. If a company's model is based on misleading information, it is imperative for that business to reassess its strategies and make necessary changes to ensure integrity and build trust with its customers.
In practice
During a business ethics seminar.
We are our choices. Build yourself a great story.
Work hard, have fun and make history.
If you're not stubborn, you'll give up on experiments too soon. And if you're not flexible, you'll pound your head against the wall and you won't see a different solution to a problem you're trying to solve.
But there's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.
Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices.
Participant (Productions) is the only production company in town that has a double bottom line: social good plus financial returns. It's too early to tell how our returns are going to look - though all signs are promising - but social good is what we're really after.
It's not about me, it's about you, the customer. And if I am effective in making what I do about you, and I can enhance you and elevate you, you will support me forever.
If the value of a company doesn't just scream out at you, it's too close.
He that would run his company on visible figures alone will in time have neither company nor figures.
I'm a believer that you accomplish much, much more with direct relationships than by using an intermediary. And that cash you keep in the bank can be the difference between staying alive as a small business, or not.
Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
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