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Jeff Bezos’ guide to life – TechCrunch
How he knew to leave his job and start Amazon: Jeff had a been working in finance software engineering on Wall Street. But in 1994, he told his boss he wanted to start an Internet book store. His boss told him it was a pretty good idea but that it was “a better idea for someone who didn’t have a good job.” Jeff took a few days, and decided “the best way to think about it was to project my life forward to age 80” and make the decision that “minimized my regrets. You don’t want to be cataloguing your regrets.” And while you might feel remorse for things you did wrong, he said more often regrets stem from the “path not taken” like loving someone but never telling them. “Then it was immediately obvious” that he should leave to start Amazon. “If it failed, I would be very proud when I was 80 that I tried.”

On phone addiction and multi-tasking: Mark says his brother Jeff is surprisingly present, and rarely distracted by his phone. Jeff explains that “When I have dinner with friends or family, I like to be doing whatever I’m doing. I don’t like to multi-task. If I’m reading my email I want to be reading my email” with his full attention and energy. Jeff exhibited this resistance to multi-tasking early in life. At Montessori school, he’d refuse to move on to the next task as the day progressed, so the teacher would literally pick up him and his chair and move him to the next project. Instead of constantly switching back and forth, Jeff says he sequentially focuses. “I multi-task serially.”

On how to establish work-life balance: “I like the phrase ‘work-life harmony'”, Jeff says. “Balance implies there’s a strict trade-off.” If he feels like he’s adding value and is a productive member of a team at work, “it makes me better at home. If I’m happy at home, it makes me a better employee, a better boss.” Don’t be someone who drains energy out of their co-workers or family. He believes it’s not just about how you allocate hours in the day, but whether you have enough energy to participate with enthusiasm.
life  jeff-bezos  topperformer 
4 days ago by abemaingi
Jeff Bezos’ guide to life – TechCrunch
On raising kids: Jeff and his wife let their kids use sharp knives since they were four and soon had them wielding power tools, because if they hurt themselves, they’d learn. Jeff says his wife’s perspective is “I’d much rather have a kid with nine fingers than a resourceless kid.”
parenting  advice  quotes  jeff-bezos  via:ramitsethi 
4 days ago by eaconley
Jeff Bezos’ guide to life – TechCrunch
On raising kids: Jeff and his wife let their kids use sharp knives since they were four and soon had them wielding power tools, because if they hurt themselves, they’d learn. Jeff says his wife’s perspective is “I’d much rather have a kid with nine fingers than a resourceless kid.”
parenting  advice  quotes  jeff-bezos 
5 days ago by ramitsethi
Jeff Bezos' brilliant advice for anyone running a business - Business Insider
“I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s a very common one. I almost never get the question: ‘What’s not going to change in the next 10 years?’ And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time. … [I]n our retail business, we know that customers want low prices, and I know that’s going to be true 10 years from now. They want fast delivery; they want vast selection. It’s impossible to imagine a future 10 years from now where a customer comes up and says, ‘Jeff I love Amazon; I just wish the prices were a little higher,’ [or] ‘I love Amazon; I just wish you’d deliver a little more slowly.’ Impossible. And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it.” 
strategy  jeff-bezos 
10 weeks ago by ramitsethi
Jeff Bezos' lessons from Washington Post for news industry
Focus on readers first, not advertisers. In response to a question about similarities between running Amazon and the Post, Bezos said: "We run Amazon and The Washington Post in a very similar way in terms of the basic approach. We attempt to be customer-centric, which in the case of the Post means reader-centric.

You can't shrink your way to relevance. When he took over, Bezos said, the Post already had an "outstanding" tech team and newsroom, and a top-notch editorial leader in Marty Baron. But the newsroom kept eliminating people, which wasn't working.
strategy  marketing  jeff-bezos 
june 2017 by ramitsethi
Compress to Impress
"Anyone who is lucky enough to lead a successful company very quickly senses the impossibility of scaling one's own time to all corners of the organization... At scale, maintaining strategic alignment feels like an organizational design problem, but much of the impact of organizational design is centered around how it impacts information flow."
organization  jeff-bezos  steve-jobs  amazon  rhetoric  language  business  communication  via:farnam-street  on:remains-of-the-day  leadership  2017  a:Eugene-Wei 
june 2017 by andrewjbates
This is the Jeff Bezos playbook for preventing Amazon’s demise
I've clearly been missing out by not having read these letters before. Highlights here: "disagree and commit" rather than requiring consensus, and never allow the process "to be the thing."
amazon  jeff-bezos 
april 2017 by irace
About Amazon - 2016 Letter to Shareholders
"Customers are always beautifully, wonderfully dissatisfied, even when they report being happy and business is great. Even when they don’t yet know it, customers want something better, and your desire to delight customers will drive you to invent on their behalf." — Jeff Bezos
quotes  jeff-bezos  amazon  customers 
april 2017 by scarequotes
Jeff Bezos: Why Getting 8 Hours of Sleep Is Good for Amazon Shareholders
Thrive Global: How much sleep do you need to operate at your best as a CEO and as a person?
Jeff Bezos: Eight hours of sleep makes a big difference for me, and I try hard to make that a priority. For me, that’s the needed amount to feel energized and excited.
TG: How does getting enough sleep help you make better decisions for Amazon shareholders?
JB: Mostly, as any of us go through our lives, we don’t need to maximize the number of decisions we make per day. Making a small number of key decisions well is more important than making a large number of decisions. If you shortchange your sleep, you might get a couple of extra “productive” hours, but that productivity might be an illusion. When you’re talking about decisions and interactions, quality is usually more important than quantity.
jeff-bezos  sleep-8-hours-or-more  sleep  productivity 
april 2017 by lwhlihu
Jeff Bezos explains why Amazon doesn't really care about its competitors - GeekWire
“If you have a customer-centric culture, that cures a lot of ills,” responds Bezos. “Let’s say you’re the leader in a particular arena, if you’re competitor-focused and you’re already the leader, then where does your energy come from? Whereas, if you’re customer focused, and you’re already the leader, customers are never satisfied.”

He continues, “If you’re customer-focused, you’re always waking up wondering, how can we make that customer say, wow? We want to impress our customers — we want them to say, wow. That kind of divine discontent comes from observing customers and noticing that things can always be better.”

bezos1
Jeff Bezos
At another point in the interview, Bezos describes the “Amazon cocktail” of customer-centricity, long-term thinking, and a focus on invention.
jeff-bezos  via:ramitsethi 
january 2017 by eaconley
Jeff Bezos explains why Amazon doesn't really care about its competitors - GeekWire
“If you have a customer-centric culture, that cures a lot of ills,” responds Bezos. “Let’s say you’re the leader in a particular arena, if you’re competitor-focused and you’re already the leader, then where does your energy come from? Whereas, if you’re customer focused, and you’re already the leader, customers are never satisfied.”

He continues, “If you’re customer-focused, you’re always waking up wondering, how can we make that customer say, wow? We want to impress our customers — we want them to say, wow. That kind of divine discontent comes from observing customers and noticing that things can always be better.”

bezos1
Jeff Bezos
At another point in the interview, Bezos describes the “Amazon cocktail” of customer-centricity, long-term thinking, and a focus on invention.
jeff-bezos 
january 2017 by ramitsethi

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