Diving into the stories and lessons we can learn from the Jeff Bezos and the rise of Amazon from the Brad Stone's book, The Everything Store, and the writings of Jeff Bezos Invent and Wander
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"I will hazard a prediction. When you are eighty years old and, in a quiet moment of reflection, narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be a series of choices you have made….And when I’m eighty I want to have minimized the number of regrets I have in my life, and most of our regrets are acts of omission, things we didn’t try, the path untraveled. Those are the things that haunt us."
- Jeff Bezos
1:50 - Pursue excitement/Make decisions through your 80-year old self
7:45- Chasing Dreams are like start-ups
9:40 - A duality mindset
"You have to have this duality in your head. On the one hand you're you know what the Baseline statistics say about startup companies and the other hand you have to ignore all of that and just be 100% sure it's going to work and you're doing both things at the same time you're holding that contradiction in your head."
12:00- Doubts about Amazon
14:00 - Amazon's philosophy
“If you want to get to the truth about what makes us different, it’s this. We are genuinely customer centric, we are genuinely long-term oriented and we genuinely like to invent."
15:40 - Experiment relentlessly + be bold
19:05 - Amazon core practices/strategies
22:00 - Lose now, win later
32:20 - How to make decisions
34:50 - Play the long game
“If you look at why Amazon is so different from almost any other company that started early on the internet, it’s because Jeff approached it from the very beginning with that long-term vision. It was a multi decade project. The notion that he can accomplish a huge amount with a larger time frame, if he is steady about it, is fundamentally his philosophy.”
36:05- Advice from Bezos
39:10 - Lessons/takeaways
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