10 Incredible Mental Models of Jeff Bezos - Engineer creativity, decisiveness & clear communication (+ Get Rich…)
May 21, 2024•48 min•Transcript available on Metacast Episode description
Decision frameworks and strategies that drive innovation and growth.
Jeff Bezos built Amazon which made him the world's richest man. He's had a lot of luck but has consistently stuck to a core group of philosophies and mental models that drive the decisions behind his incredible success.
Amazon is more than just an e-commerce juggernaut but a builder of entire ecosystems such as the cloud computing industry (AWS), the e-publishing industry (Kindle) and the world of home devices that talk to each other and you (Alexa).
The stories behind these innovations show how to build a culture of growth and inventiveness full of Growth Mindset lessons.
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Growth Mindset pod
Sam Webster Harris explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.
Success and happiness is a state of mind unique to ourselves and is our responsibility to create.
Watch the pod - YouTube (Growth Mindset)
Mail - GrowthMindsetPodcast(at)gmail.com
Insta - SamJam.zen
Chapters
00:00 #1 Thinking in Primitives
02:52 The Power of Mental Models
03:48 Story - How AWS began
06:27 #2 Customer-Centric Obsession
08:08 Story - Why they built Amazon Prime
10:06 #3 Long Term Thinking
11:22 Story - Launching the Kindle and e-publishing industry
14:05 Willingness to be Misunderstood
14:45 #4 Team - Single Threaded Leadership
15:53 #5 Team - Employ and Empower Builders
16:59 Culture - Meetings are for Decisions
17:58 #6 High-Velocity Decision making - Reversible vs Irreversible Decisions
20:32 #7 Regret Minimization Framework
22:09 Disagree and Commit
23:19 #8 Embrace Failure
24:01 Total Fails - Amazon Fire Phone, Amazon Wallet, Amazon Destinations, Amazon Restaurants
26:19 Importance of Timing and Competition
28:33 #9 Day 1 Thinking
31:15 Useful Bonus points
31:23 Flywheel effect
31:51 Word of Mouth Marketing
32:48 Opposing Belief - Ignoring vs Crushing Competition
34:56 #10 Opposing Belief - Stubborn and Flexible
35:32 Applied to Growth Mindset thinking
39:30 Wrap up
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