The Everything Store: Jeff Bezos and the Age of Amazon - Brad Stone

We share the 10 best mental models about innovation from tech titan Jeff Bezos.This episode covers the story of Amazon and some of the incredible shifts it has created on the planet. From the obvious online shopping wave to things like the e-reading industry and audiobooks, web-servers giving us Uber and Netflix, devices like Alexa. We also learn about their failures like the Fire Phone and other things you probably haven't even heard of, Amazon Destinations, anyone?Lessons to think like an innovator and be more decisive:Primitive Thinking - Creating the building blocks that make new thingsReversible and Irreversible Decisions - Can you just try something already instead of overthinking?Day 1 Thinking - The philosophy of never being finishedNote - Nico is taking a reading break, and Sam has a season to cover some of his favourite books in depth.- - -About Wiser PodNico and Sam set out to read the world's best books, from philosophy to sci-fi, economics to who knows what.Sam Webster Harris👋 LinkedIn - Sam Harris🧠 Psychology Pod - Growth Mindset Psychology🚀 New Pod - How to Change the WorldNicolas Vereecke👋 LinkedIn - Nico Vereecke🤖 AI world domination - Evil Plan Inc- - -How to Change the World: The History and Future of InnovationSPOTIFY - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/1Fj3eFjEoAEKF5lWQxPJyT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/how-to-change-the-world-the-history-of-innovation/id1815282649⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YOUTUBE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@HowToChangeTheWorldPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠---Chapters00:00 The Everything Store & Jeff Bezos02:53 Thinking in Primitives04:10 Story of AWS06:44 2 Customer Centric Obsession08:25 Working backwards - Why they built Amazon Prime10:23 3 Long Term Thinking11:39 Story - Kindle and e-publishing industry14:21 Willingness to be Misunderstood15:01 Team - Single-Threaded Leadership16:10 Team - Employ and Empower Builders17:15 Culture - Meetings are for Decisions18:15 High Velocity Decision making20:27 Regret Minimisation Framework22:03 Disagree and Commit23:13 Embrace Failure23:56 Total Fails - Fire Phone, Amazon Wallet etc...26:14 Importance of Timing and Competition28:28 Day 1 Thinking31:10 Useful Bonus points31:18 Flywheel effect31:46 Word of Mouth Marketing32:42 Opposing beliefs - Ignoring vs Crushing Competition34:51 Opposing Beliefs - Stubborn and Flexible35:22 Wrap up Hosted on Acast. See acast.com/privacy for more information.