Business Quote by Jamie Dimon
“I want you to say to me right from the start, "We are here to serve customers. We're not here for me to make a lot of money. We're not here to bet on interest rates or credit spreads. We are here to serve our customers really well over a long period of time, and that's how you build a successful business." And so I want to see that, too, you know?”
About This Quote
Source Speech: Annual Shareholder Meeting, JPMorgan Chase, 2021
A successful business prioritizes long‑term customer service over short‑term profit or speculative bets.
In simple terms: Focus on serving customers well for lasting success.
Put customers first, not short‑term gains.
Themes
Mood
Type
When to use this quote
- Banking strategy sessions
- employee training
- customer experience design
Key Concepts
Questions to Reflect On
- How can firms align employee incentives with customer service?
- What trade‑offs exist between profit and service?
Prioritizing customers may limit short‑term profitability and require cultural change.