Jeff Bezos on innovation: Amazon ‘willing to be misunderstood for long periods of time’ - GeekWire

http://www.geekwire.com/2011/amazons-bezos-innovation

We are stubbon on vision. We are flexible on details…. We don’t give up on things easily. Our third party seller business is an example of that. It took us three tries to get the third party seller business to work. We didn’t give up. And, very importantly, we are willing to be misunderstood for long periods of time.''Any time you do something big, that’s disruptive — Kindle, AWS — there will be critics. And there will be at least two kinds of critics. There will be well-meaning critics who genuinely misunderstand what you are doing or genuinely have a different opinion. And there will be the self-interested critics that have a vested interest in not liking what you are doing and they will have reason to misunderstand. And you have to be willing to ignore both types of critics. You listen to them, because you want to see, always testing, is it possible they are right?But if you hold back and you say, ‘No, we believe in this vision,’ 
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The only wrong answer is 50/50: Calculating the co-founder equity split - GeekWire
Calculating the co-founder equity split => The only wrong answer is 50/50! http://dedene.net/6KdZ #Geekwire article,full of #startup #advice
http://www.geekwire.com/2011/wrong-answer-5050-calculating-cofounder-equity-split
Tags: startup, business, equity, entrepreneurship, startups, founder, entrepreneur, stock, split, advice Saved by: admin