8 tips from Jeff Bezos on how to run a company and manage your team #JeffBezos #Amazon
David Allen Capital, Independent Agent’s Post
More Relevant Posts
-
Making strategy simple, and making heroes of those who execute it, so that Business Leaders achieve more with their business faster. 10X Growth Coach | Scale Up Consultant | Catalyst Facilitator
Jeff Bezos argues that there are two distinct types of decisions: One-way door - decisions that are almost impossible to reverse. Examples are firing an employee or selling your business. There's no going back from these. Two-way door —decisions which are reversible. Examples include hiring a new employee, starting a new product/service, creating new pricing models. Such decisions may seem frightening at the time but can be modified or reversed, with some time and effort. The usefulness of this distinction comes in the overwhelm that we often surround ourselves with when making what we think are critically important decisions. We tend to give too much weight to these decisions and get bogged down. By identifying a decision as a Two-way door (i.e. reversible), you can make it quicker and with much less of an emotional burden. The end result is that you will make more decisions over the course of your lifetime. And since decisions are what lead to opportunities, you and /or your company will grow more because of it. www.20-20management.com
To view or add a comment, sign in
-
-
Deal Shaper, Sales Leader, Entrepreneur, Consultant in high impact sales performance. Global Supply Chain Experience
Spending a month with Jeff Bezos is will be energising. From his 'it's always day one' through to thinking long term will win, this will be a curate's egg of quotations. We will enjoy the journey and learn a lot. Today Jeff is talking about competitiveness and customer delight. We can see how he has added parts to Amazon that we wouldn't think fitted naturally and then made them his own. For #businessleaders this challenge to evolve as rapidly as possible in both services and propositions keeps us ahead of everyone else; but can we create a culture that delivers on this? When the energy is in the centre it is up to us as #salesleaders, in a b2b environment, to communicate the value proposition clearly and succinctly, to our customers, showing that innovation will then carry the offer through to the creation of customer value (both retained and shared). We know that standing still is actually moving backwards quickly. As we embrace technology and acquire skills to deliver more we should act today on a plan that delivers 'evolution' in the solution set for people, processes and technologies that are going into each deal we are managing. #jeffbezos #inspirationalleader #positivemindset
To view or add a comment, sign in
-
-
Amazon founder and CEO Jeff Bezos reveals his decision-making playbook: "All of my best decisions, in business and in life, have been made with heart, intuition, guts. Not analysis." - Jeff Bezos And he's not alone in this approach. Numerous successful business icons such as Steve Jobs, Oprah Winfrey, and Richard Branson credit their achievements, in part, to trusting their intuition. Intuition offers a pathway to quicker decision-making compared to purely analytical methods. Always listen to your instincts.
To view or add a comment, sign in
-
Most companies don’t have a formal decision-making process. Those that do? They typically treat all decisions the same. But this quickly leads to meeting fatigue. Which leads to decision paralysis. ... It’s too difficult to get anything done. That’s why I’ve always loved this framework from Jeff Bezos. As he explains, there are two types of decisions: 1. One-way doors 2. Two-way doors And they should be handled very differently. I love the examples he gives of each and the point he makes right at the end: Most decisions are two-way door decisions. Let me know what you think in the comments.
To view or add a comment, sign in
-
Driving Growth Through Strategic Product Management & AI Innovation | Startup Advisor | Executive MBA Candidate
"Learn fast, fail faster" encapsulates the idea of embracing rapid iteration and learning from mistakes in order to drive innovation and success. Successful leaders understand that failure is an inevitable part of growth and actively encourage their teams to experiment and take risks. By fostering a culture where failure is viewed as a valuable learning opportunity rather than a setback, leaders can empower their teams to push boundaries and explore new ideas with confidence. In a business context, this approach allows for quicker adaptation to changing market dynamics and customer needs, ultimately leading to more agile and competitive organizations. Jeff Bezos, in his leadership at Amazon, has exemplified this philosophy, continuously iterating, experimenting, and learning from failures to drive the company's remarkable growth and innovation.
The most successful people in business are those who experiment faster, fail faster and learn faster. Jeff Bezos owns his failures at Amazon - because it led them to the huge successes even faster. It's this mindset that I want you to take you through to the end of the week. What's one thing you're going to try this week? Small or big? 👇🏽 Clip from Business Insider.
To view or add a comment, sign in
-
Companies can use models and model simulations to try out new ideas. A good risk to take is the one you know the worst-case scenario.
The most successful people in business are those who experiment faster, fail faster and learn faster. Jeff Bezos owns his failures at Amazon - because it led them to the huge successes even faster. It's this mindset that I want you to take you through to the end of the week. What's one thing you're going to try this week? Small or big? 👇🏽 Clip from Business Insider.
To view or add a comment, sign in
-
Valuable thoughts
The most successful people in business are those who experiment faster, fail faster and learn faster. Jeff Bezos owns his failures at Amazon - because it led them to the huge successes even faster. It's this mindset that I want you to take you through to the end of the week. What's one thing you're going to try this week? Small or big? 👇🏽 Clip from Business Insider.
To view or add a comment, sign in
-
As some who did a digital transformation role, I dug into reading about what Amazon did that was different from other companies. I even partnered with them to have leaders learn more. Amongst many others - Experimenting, Failing fast and learning fast was a key take away. Hear Jeff Bezos himself talk about this here! #failfast #learnfast #mindset
The most successful people in business are those who experiment faster, fail faster and learn faster. Jeff Bezos owns his failures at Amazon - because it led them to the huge successes even faster. It's this mindset that I want you to take you through to the end of the week. What's one thing you're going to try this week? Small or big? 👇🏽 Clip from Business Insider.
To view or add a comment, sign in
-
🧠 Coached & Empowered Thousands to Succeed in Business & Life. Helping You Overcome Obstacles & Achieve Success & Happiness. Click For FREE Call👇🏽
Our brains are designed to prevent us from taking bold chances. It’s designed to keep us safe, to maintain the ‘status quo.’ That’s why so many find it difficult to experiment often like this. Once we can learn to shift our mindset past this it can really be a game changer for those in both business and for people in their careers. Do you find it easy to experiment in your business/career or in your everyday life, or do you like to play it safe?
The most successful people in business are those who experiment faster, fail faster and learn faster. Jeff Bezos owns his failures at Amazon - because it led them to the huge successes even faster. It's this mindset that I want you to take you through to the end of the week. What's one thing you're going to try this week? Small or big? 👇🏽 Clip from Business Insider.
To view or add a comment, sign in