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"I very frequently get the question: 'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two because you can build a business strategy around the things that are stable in time... In our retail business, we know that customers want low prices, and I know that's going to be true 10 years from now. They want fast delivery; they want vast selection. It's impossible to imagine a future 10 years from now where a customer comes up and says, 'Jeff I love Amazon; I just wish the prices were a little higher,' [or] 'l love Amazon; I just wish you'd deliver a little more slowly.' Impossible. When you have something that you know is true, even over the long term, ... you can afford to put a lot of energy into it." Jeff Bezos on the importance of what's not going to change

Quick Passages

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14. Product-Market Fit: PMF is achieved when your users love your product so much they spontaneously tell other people to use it. It's a binary test. You can always feel product-market fit when it is happening. The customers are buying the product just as fast as you can make it

A Mega-Thread on Strateg...

@sujayath on Twitter

"Science" is understanding a system in the world. "Engineering" is building a system in the world, where the challenge is often understanding what we're building.

Media for Thinking the Unthinkable

worrydream.com

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