Quote by Jeff Bezos

All businesses need to be young forever. If your customer base ages with you, you're Woolworth's.

All businesses need to be young forever. If your customer ba

Summary

This quote emphasizes the importance for businesses to continuously innovate and adapt to the changing market. It suggests that businesses should not solely rely on their existing customer base, as they might age or become outdated. Using the example of the retail giant Woolworth's, which went out of business due to its failure to evolve, the quote emphasizes the necessity for businesses to remain young in their approach, catering to the diverse needs and preferences of new generations in order to stay relevant and thrive in a competitive market.

Topics

Business Change Amazon

By Jeff Bezos

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