Thinking Citizen Blog — What Was the Secret to His Success?

Thinking Citizen Blog — Tuesday is Economics, Finance, and Business Day

Today’s Topic: Jeff Bezos — What Was the Secret to His Success?

Brevity, apparently. “Short sentences written so an eighth grader could understand.

Turns out the secret to Amazon’s success was not logistical. It was lexical.” Really? Today’s post was inspired by a Wall Street Journal review of “The Bezos Blueprint — Communications Secrets of the World’s Greatest Salesman.” Do you have a business hero? What was the key to their success? Experts — please chime in. Correct, elaborate, elucidate.

THE DAY ONE METAPHOR, YOU’VE GOT 15 SECONDS, THE LOCOMOTIVE AND THE CABOOSE

1. “Day one is a metaphor for creating and sustaining a culture of innovation no matter how large a company becomes.” It’s a continual search for ways to grow and learn.”

2. “Whether you’re writing an article, a document or email…you have 15 seconds — the time it takes to read 35 words — to grab a reader’s attention. After that, 45% of readers wills top paying attention.”

3. Put the strong stuff at the beginning (the locomotive) and at the end (the caboose). Weak stuff belongs in the middle. Example from Macbeth: “The Queen, my Lord, is dead.” Not “The Queen is dead, my Lord.” or “My Lord, the Queen is dead.”

WORKING HARD, TRYING SOMETHING NEW, CHANGING YOUR MIND — every day is Day One!

  1. “Work hard, have fun, make history.”

2. “If you never want to be criticized, for goodness’ sake don’t do anything new.”

3. “People who are right most of the time are people who change their minds often.”

NB: “Your margin is my opportunity.”

THE OBVIOUS, EXPERIMENTS, THE DEATH KNELL, THREE BIG IDEAS, TIME HORIZON MATTERS

1. “Maintain a firm grip on the obvious at all times.”

2. “It’s not an experiment if you know it’s going to work.”

3. “The death knell for any enterprise is to glorify the past — no matter how good it was.”

NB: “We’ve had three big ideas at Amazon…and they’re the reason we’re successful: Put the customer first. Invent. And be patient.” “If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people. But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people… Just by lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue.”

FOOTNOTE Biographical tidbits

1. Born: Albuquerque, New Mexico, raised in Houston and Miami.

2. Princeton BS in electrical engineering and computer science (1986)

3. Founded Amazon in 1994. Richest man in the world: 2018 with a net worth of $150 billion.

‘The Bezos Blueprint’ Review: Is Brevity the Soul of Success?

Jeff Bezos Quotes (Author of Blood and Oil)

Jeff Bezos — Wikiquote

Jeff Bezos — Wikipedia

QUOTE OF THE MONTH

“You’ve got to continue to grow, or you’re just like last night’s corn bread — stale and dry.” - Loretta Lynn

ATTACHMENTS BELOW:

#1 A graphic guide to justice (9 metaphors on one page).

#2 “39 Songs, Prayers, and Poems: the Keys to the Hearts of Seven Billion People” — Adams House Senior Common Room Presentation, 11/17/20

PDF with headlines — Google Drive

YOUR TURN — Please share:

a.) the coolest thing you learned this week related to business, economics, finance.

b.) the coolest thing you learned in your life related to business, economics, finance.

c.) anything at all related to business, economics, finance.

d.) anything at all

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Passionate about education, thinking citizenship, art, and passing bits on of wisdom of a long lifetime.

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John Muresianu

Passionate about education, thinking citizenship, art, and passing bits on of wisdom of a long lifetime.