Q: How much should I worry about what my competitors are doing?
Here are a few of my favorite quotes from Jeff Bezos, Eric Schmidt, Larry Page, and Paul Graham on why companies shouldn't focus on their competitors.
Bezos also sums it up perfectly in the video clip below.
___LIN... See more
Mike McGuinesstwitter.comQ: How much should I worry about what my competitors are doing? Here are a few of my favorite quotes from Jeff Bezos, Eric Schmidt, Larry Page, and Paul Graham on why companies shouldn't focus on their competitors. Bezos also sums it up perfectly in the video clip below. “If… Show more
Although leaders pay attention to their competitors, they obsess over their customers.
John Rossman • The Amazon Way: 14 Leadership Principles Behind the World's Most Disruptive Company
Entrepreneurs like Jeff Bezos and Elon Musk use a single unifying principle for decision-making Jeff Bezos: “Does this make the customer experience better?” Elon Musk: “Does this help us get to Mars?”
Balaji S. Srinivasan • Legacy Media Is Lying To You - Balaji Srinivasan | Modern Wisdom Podcast 519
“We will continue to make investment decisions in light of long-term market leadership considerations rather than short-term profitability considerations or short-term Wall Street reactions.” Focusing on the long term allows the interests of your customers, who want better and faster services cheaper, and the interests of your shareholders, who wan... See more
Jeff Bezos • Invent and Wander: The Collected Writings of Jeff Bezos, With an Introduction by Walter Isaacson
Err on the side of doing things where you'll face competitors. Inexperienced founders usually give competitors more credit than they deserve. Whether you succeed depends far more on you than on your competitors. So better a good idea with competitors than a bad one without.