Recently Read: The Everything Store

Everything StoreJust finished reading Brad Stone’s excellent book “The Everything Store: Jeff Bezos and the Age of Amazon.” I’ve recommended it to every entrepreneur I’ve met for the past few weeks. So many great nuggets to take away about entrepreneurship, product development, innovation and execution.  I highlighted many sections throughout the book, and here is one of my favorites from Rick Dalzell, Amazon’s CIO from ’97-’07:

“Jeff does a couple of things better than anyone I’ve ever worked for. He embraces the truth. A lot of people talk about the truth, but they don’t engage their decision-making around the best truth at the time. The second is that he is not tethered by conventional thinking. What is amazing to me is that he is only bound by the laws of physics. He can’t change those. Everything else he views as open for discussion.”

A great read for anyone who is an entrepreneur or who cares about the inside story of development of industry game-changers like AWS or the Kindle.

One Response

  1. Though I’ve heard it before, I still appreciated seeing Bezos’s “regret minimization” strategy play out repeatedly in his own life.

    One of my favorite quotes from the book:
    “So looking back on life’s important junctures was on Bezos’s mind when he came up with what he calls “the regret-minimization framework” to decide the next step to take at this juncture in his career. “When you are in the thick of things, you can get confused by small stuff,” Bezos said a few years later. “I knew when I was eighty that I would never, for example, think about why I walked away from my 1994 Wall Street bonus right in the middle of the year at the worst possible time. That kind of thing just isn’t something you worry about when you’re eighty years old. At the same time, I knew that I might sincerely regret not having participated in this thing called the Internet that I thought was going to be a revolutionizing event. When I thought about it that way… it was incredibly easy to make the decision.”

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