Author: Jeff Bezos
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If you never want to be criticized, for goodness sake don't do anything new.
If you are going to do large-scale invention, you have to be willing to do three things: You must be willing to fail; you have to be willing to think long term; and you have to be willing to be misunderstood for long periods of time.
Focusing on the customer makes a company more resilient.
If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company.
The smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.
We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.
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