Market Adaptation Quotes

It's in our best interest to put some of the old rules aside and create new ones and follow the consumer - what the consumer wants and where the consumer wants to go.

I tell you, my fellow Americans, that if we learned anything from the collapse of the Berlin Wall and the fall of the governments in Eastern Europe, even a totally controlled society cannot resist the winds of change that economics and technology and information flow have imposed in this world of ours. That is not an option. Our only realistic option is to embrace these changes and create the jobs of tomorrow.

Every market is in transition.

Traditional businesses can say, 'We're going to sell widgets to people, and it will make X amount of profit.' But new business models are hard.

In China, the government is involved in business in many different ways. They're involved in media and business. When you go to China, you have to rethink how you're doing everything. You have to become Chinese.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

If you ask me, 'So what is your business model?' Our business model's always about shifting to higher value opportunities.

Executives need ample flexibility to respond to the market. That means both reducing costs and increasing innovation.

The Internet is disrupting every media industry...people can complain about that, but complaining is not a strategy. And Amazon is not happening to book selling, the future is happening to book selling.

The proposed tariff is a tax to be levied principally on the great body of agriculturalists who constitute a large majority of the American people and who are the chief consumers of foreign imports... Instead of struggling against the dictates of reason and nature, and madly trying to produce everything at home, countries should study to direct their labors ...to things for which they are best adapted. ... We ask no tax on manufacturers for our benefit.

Get your product into users' hands as quickly as possible and incorporate the crowd's feedback to iterate. Your customers will provide the data you need to chart the best course for your company and bury any competitor that goes it alone.

I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because, even in that whirlwind, we kept heads-down focused on the customers. All the metrics that we can track about customers have improved every year.

I made so many mistakes in running the company so far, basically any mistake you can think of I probably made. I think, if anything, the Facebook story is a great example of how if you're building a product that people love you can make a lot of mistakes

The investor of today does not profit from yesterday's growth.

Evolution has been the key tenet of success over the past 13 years, and we have transformed from a single subscription e-commerce image business into a company with a diversified portfolio of content offerings, servicing the needs of businesses of all types and sizes globally.

The music industry really has to learn a lesson from the tech industry about what scale means at the end of the day and learning how to monetize.

The product of stickers will be around for a long time, but how it gets to the consumer will change.

We've had customers from the beginning. The reason people use Dropbox is because they really love it. We think more about who is going to be competing with what we are going to be doing, not with where we started.

I think the challenge for all technology companies is to modify what they're doing to be what the market needs at that point.

Successful hedge funds will be entrepreneurial; it is the essence of the craft.

Above all, innovation is not invention. It is a term of economics rather than of technology.

People selling content internationally need to be highly focused on selling the right product to the right buyer. If things don't succeed on a particular network, they're not going to stay on very long.

There's still value in a CD, even if it's just nostalgic. People are still willing to pay. But it can't compare to a digital-only release where you can control the exact time that it'll come out, you know what I mean? So whoever finds how to bridge that gap is gonna make a lot of money.

I do believe it is important to be future-ready with a portfolio to be able to deal with however the market evolves. This is better than just forecasting accurately but in having the weapons ready to deal with the uncertainties.

Market leaders inevitably slip into decline when they tell the people what they want instead of giving the people what they want.