Bezos on Fridman: From Garage Startup to Space Cowboy, a Conversation You Won't Want to Miss
Bezos on Fridman: From Garage Startup to Space Cowboy, a Conversation You Won't Want to Miss
I recently watched an episode of Lex Fridman podcast on YouTube with Jeff Bezos, the founder of Amazon and the renowned American businessman.
In the episode 405, Bezos talked about a variety of topics, such as his early days in business, the founding of Amazon, and his hopes for the future.
And here I'm In this article, I will pick up some of the fruits of this interview, which are as follows:
You have to give yourself permission to wander to notice a good idea.
It is really easy to kill new ideas in the beginning, so you need to warn people by saying “I know there will be a lot of work to get this to a fully formed idea, so just give me a chance and Keep an eye on the results.”
There is one thousand ways to be a smart and one billion ways to be such a dump.
Cost reduction means inventing a better way, and when you invent a better way, you make the whole world richer.
In light of the dynamism in the Internet space over the last 20 years, it's don't require to build heavy infrastructure.
Therefore tow kids in the dorm room could start an Internet company and could be successful.
Most decisions are two-way doors.
If you make the wrong decision, after spend a little time there you walk out the door, you pick a door it's turns out to be the wrong decision
You can come back in and pick another door and so on.
In the same time some decisions are so important they are really one-way door decisions, those decisions have to be made very deliberately, and very carefully.
Truth is a noble thing, you shouldn't allow compromise to be used, when you can know the truth.
you should have duality in your head, because every startup company is unlikely to work, and that doesn't mean you can't be optimistic.
Every day is day one:
Every day you're deciding what you're gonna do, and you are not trapped by what you were or who you were. It's doesn't mean you discard history or ignore it there is so much value in what has worked in the past but you can't be blindly following what you've done.
That's the heart of day one, is you are always starting fresh.
One of the things that the phone does, it is an attention shorting device, It's important to spend some of your time and life doing long attention span things.
we need to start training ourselves to think longer term. Long-term thinking is a gaint lever. You can literally solve problems that are impossible to solve if you think short term.
Finally the host ending the episode with words of Jeff Bezos which I like it most :
“Be stubborn on vision, but flexible on the details”
Link of the episode If you want to watch it I highly recommend, also in addition to this episode listening to the Lex Fridman Podcast to anyone interested in learning and self-improvement. It is a podcast that is both informative and inspiring.