Press "Enter" to skip to content

“I’ve MADE billions of dollars of FAILURES” – Jeff Bezos’s (@JeffBezos) Top 10 Rules Volume 2


I’ve made billions of dollars of

I’ve made billions of dollars of failures at amazon.com literally

failures at amazon.com literally

failures at amazon.com literally billions of dollars of failures it’s

billions of dollars of failures it’s

billions of dollars of failures it’s easy to have ideas it’s very hard to

easy to have ideas it’s very hard to

easy to have ideas it’s very hard to turn an idea into a successful product

turn an idea into a successful product

turn an idea into a successful product do something you’re very passionate

do something you’re very passionate

do something you’re very passionate about and don’t try to chase what is

about and don’t try to chase what is

about and don’t try to chase what is kind of the hot passion of the day he’s

kind of the hot passion of the day he’s

kind of the hot passion of the day he’s best known as the founder chairman and

best known as the founder chairman and

best known as the founder chairman and CEO of amazon.com he’s also the founder

CEO of amazon.com he’s also the founder

CEO of amazon.com he’s also the founder of Blue Origin a human spaceflight

of Blue Origin a human spaceflight

of Blue Origin a human spaceflight company he’s currently listed as a third

company he’s currently listed as a third

company he’s currently listed as a third wealthiest person in the world with a

wealthiest person in the world with a

wealthiest person in the world with a net worth of 70 2.8 billion dollars

net worth of 70 2.8 billion dollars

net worth of 70 2.8 billion dollars he’s Jeff Bezos and here’s my take on

he’s Jeff Bezos and here’s my take on

he’s Jeff Bezos and here’s my take on his top ten rules for success volume 2

his top ten rules for success volume 2

his top ten rules for success volume 2 also guys as you’re watching if you hear

also guys as you’re watching if you hear

also guys as you’re watching if you hear something that really resonates with you

something that really resonates with you

something that really resonates with you please leave it down the comments below

please leave it down the comments below

please leave it down the comments below and put quotes around it to other people

and put quotes around it to other people

and put quotes around it to other people can be inspired also when you write it

can be inspired also when you write it

can be inspired also when you write it down it’s much more likely to lock in

down it’s much more likely to lock in

down it’s much more likely to lock in for yourself as well

for yourself as well

for yourself as well enjoy

my job one of my jobs as the leader of

my job one of my jobs as the leader of Amazon is to encourage people to be bold

Amazon is to encourage people to be bold

Amazon is to encourage people to be bold and people love to focus on things that

and people love to focus on things that

and people love to focus on things that aren’t yet working and that’s good it’s

aren’t yet working and that’s good it’s

aren’t yet working and that’s good it’s human nature that kind of divine

human nature that kind of divine

human nature that kind of divine discontent can be very helpful but you

discontent can be very helpful but you

discontent can be very helpful but you really you know it’s incredibly hard to

really you know it’s incredibly hard to

really you know it’s incredibly hard to get people to take bold bets and you

get people to take bold bets and you

get people to take bold bets and you need to encourage that and if you’re

need to encourage that and if you’re

need to encourage that and if you’re going to take bold bets they’re going to

going to take bold bets they’re going to

going to take bold bets they’re going to be experiments and if they’re

be experiments and if they’re

be experiments and if they’re experiments you don’t know ahead of time

experiments you don’t know ahead of time

experiments you don’t know ahead of time though they’re going to work

though they’re going to work

though they’re going to work experiments are by their very nature

experiments are by their very nature

experiments are by their very nature prone to failure but big successes a few

prone to failure but big successes a few

prone to failure but big successes a few big successes compensate for dozens and

big successes compensate for dozens and

big successes compensate for dozens and dozens of things that didn’t work so you

dozens of things that didn’t work so you

dozens of things that didn’t work so you know bold bets AWS Kindle Amazon Prime

know bold bets AWS Kindle Amazon Prime

know bold bets AWS Kindle Amazon Prime our 3rd party seller business all of

our 3rd party seller business all of

our 3rd party seller business all of those things are examples of bold bets

those things are examples of bold bets

those things are examples of bold bets that that did work and they pay for a

that that did work and they pay for a

that that did work and they pay for a lot of experiments I’ve made billions of

lot of experiments I’ve made billions of

lot of experiments I’ve made billions of dollars of failures at Amazon calm

dollars of failures at Amazon calm

dollars of failures at Amazon calm literally billions of dollars of

literally billions of dollars of

literally billions of dollars of failures and you know you might remember

failures and you know you might remember

failures and you know you might remember pets calm or Cosmo or you know give

pets calm or Cosmo or you know give

pets calm or Cosmo or you know give myself a root canal with no anesthesia

myself a root canal with no anesthesia

myself a root canal with no anesthesia very easily none of those things are fun

very easily none of those things are fun

very easily none of those things are fun but but they also they don’t matter what

but but they also they don’t matter what

but but they also they don’t matter what really matters is companies that don’t

really matters is companies that don’t

really matters is companies that don’t continue to experiment companies that

continue to experiment companies that

continue to experiment companies that don’t embrace failure they eventually

don’t embrace failure they eventually

don’t embrace failure they eventually get in the desperate position where they

get in the desperate position where they

get in the desperate position where they only thing they can do is make a kind of

only thing they can do is make a kind of

only thing they can do is make a kind of Hail Mary bet at the very end of their

Hail Mary bet at the very end of their

Hail Mary bet at the very end of their corporate existence where as companies

corporate existence where as companies

corporate existence where as companies that are you know making bets all along

that are you know making bets all along

that are you know making bets all along even you know big bets but not bet the

even you know big bets but not bet the

even you know big bets but not bet the company bets I don’t believe in bet the

company bets I don’t believe in bet the

company bets I don’t believe in bet the company bets that’s when you’re

company bets that’s when you’re

company bets that’s when you’re desperate that’s that’s the last thing

desperate that’s that’s the last thing

desperate that’s that’s the last thing you can do we know from our past

you can do we know from our past

you can do we know from our past experiences that big things start small

experiences that big things start small

experiences that big things start small you know the biggest oak starts from an

you know the biggest oak starts from an

you know the biggest oak starts from an acorn and you’ve got to recognize you

acorn and you’ve got to recognize you

acorn and you’ve got to recognize you want to do anything new you’ve got to be

want to do anything new you’ve got to be

want to do anything new you’ve got to be willing to let that acorn grow into a

willing to let that acorn grow into a

willing to let that acorn grow into a little sapling

little sapling

little sapling and finally into a small tree and maybe

and finally into a small tree and maybe

and finally into a small tree and maybe one day it’ll be a big business on its

one day it’ll be a big business on its

one day it’ll be a big business on its own in fact that’s one of the models for

own in fact that’s one of the models for

own in fact that’s one of the models for one of your initiatives and forgive my

one of your initiatives and forgive my

one of your initiatives and forgive my pronunciation of the Latin but Greta

pronunciation of the Latin but Greta

pronunciation of the Latin but Greta team for Oct what does that mean to you

team for Oct what does that mean to you

team for Oct what does that mean to you well it means step by step ferociously

well it means step by step ferociously

well it means step by step ferociously and it’s the motto for Blue Origin and

and it’s the motto for Blue Origin and

and it’s the motto for Blue Origin and basically you can’t skip steps you have

basically you can’t skip steps you have

basically you can’t skip steps you have to put one foot in front of other things

to put one foot in front of other things

to put one foot in front of other things take time

take time

take time you there are no shortcuts and but but

you there are no shortcuts and but but

you there are no shortcuts and but but you want to do those steps with you know

you want to do those steps with you know

you want to do those steps with you know passion and ferocity

passion and ferocity

passion and ferocity I think Prai our most important piece of

I think Prai our most important piece of

I think Prai our most important piece of intellectual property is our brand name

intellectual property is our brand name

intellectual property is our brand name and I think people and I think this is

and I think people and I think this is

and I think people and I think this is very important for anybody who’s going

very important for anybody who’s going

very important for anybody who’s going to start a company or market an

to start a company or market an

to start a company or market an invention to understand is that brands

invention to understand is that brands

invention to understand is that brands for companies are like reputations for

for companies are like reputations for

for companies are like reputations for people and reputations are hard earned

people and reputations are hard earned

people and reputations are hard earned and easily lost so the most important

and easily lost so the most important

and easily lost so the most important intellectual property that a company can

intellectual property that a company can

intellectual property that a company can have is for us it’s that it’s it’s it’s

have is for us it’s that it’s it’s it’s

have is for us it’s that it’s it’s it’s Amazon it’s that name but what it stands

Amazon it’s that name but what it stands

Amazon it’s that name but what it stands for we’ve worked very hard to earn trust

for we’ve worked very hard to earn trust

for we’ve worked very hard to earn trust you can’t ask for trust you just have to

you can’t ask for trust you just have to

you can’t ask for trust you just have to do it the hard way one step at a time

do it the hard way one step at a time

do it the hard way one step at a time you make a promise and then fulfill the

you make a promise and then fulfill the

you make a promise and then fulfill the promise you say we’ll deliver this to

promise you say we’ll deliver this to

promise you say we’ll deliver this to you you know tomorrow and you actually

you you know tomorrow and you actually

you you know tomorrow and you actually deliver it tomorrow okay and if you do

deliver it tomorrow okay and if you do

deliver it tomorrow okay and if you do that over and over again then ultimately

that over and over again then ultimately

that over and over again then ultimately you can instill your company’s name with

you can instill your company’s name with

you can instill your company’s name with a reputation and that’s I think you know

a reputation and that’s I think you know

a reputation and that’s I think you know sometimes people talk about brands in

sometimes people talk about brands in

sometimes people talk about brands in this very amorphous way but for me I

this very amorphous way but for me I

this very amorphous way but for me I like to think of it as a person and what

like to think of it as a person and what

like to think of it as a person and what is the reputation that that person has

is the reputation that that person has

is the reputation that that person has and how have they earned that reputation

and how have they earned that reputation

and how have they earned that reputation I think stress you can be one of the

I think stress you can be one of the

I think stress you can be one of the things that’s very important to note

things that’s very important to note

things that’s very important to note about stress is the stress primarily

about stress is the stress primarily

about stress is the stress primarily comes from not taking action over

comes from not taking action over

comes from not taking action over something that you can have some control

something that you can have some control

something that you can have some control over so if I find that some particular

over so if I find that some particular

over so if I find that some particular thing is causing me to have stress

thing is causing me to have stress

thing is causing me to have stress that’s a warning flag for me what it

that’s a warning flag for me what it

that’s a warning flag for me what it means is

means is

means is there’s something that I haven’t

there’s something that I haven’t

there’s something that I haven’t completely identified perhaps in my

completely identified perhaps in my

completely identified perhaps in my conscious mind that is bothering me and

conscious mind that is bothering me and

conscious mind that is bothering me and I haven’t yet taken any action I find as

I haven’t yet taken any action I find as

I haven’t yet taken any action I find as soon as I identify it and make the first

soon as I identify it and make the first

soon as I identify it and make the first phone call or send off the first email

phone call or send off the first email

phone call or send off the first email message or whatever it is that we’re

message or whatever it is that we’re

message or whatever it is that we’re going to do to start to address that

going to do to start to address that

going to do to start to address that situation even if it’s not solved the

situation even if it’s not solved the

situation even if it’s not solved the mere fact that we’re addressing it

mere fact that we’re addressing it

mere fact that we’re addressing it dramatically reduces any stress that

dramatically reduces any stress that

dramatically reduces any stress that might come from it so stress comes from

might come from it so stress comes from

might come from it so stress comes from ignoring things that you shouldn’t be

ignoring things that you shouldn’t be

ignoring things that you shouldn’t be ignoring I think in large part so stress

ignoring I think in large part so stress

ignoring I think in large part so stress doesn’t come people get stress wrong all

doesn’t come people get stress wrong all

doesn’t come people get stress wrong all the time my opinion stress doesn’t come

the time my opinion stress doesn’t come

the time my opinion stress doesn’t come from hard work for example you know you

from hard work for example you know you

from hard work for example you know you can be working incredibly hard and

can be working incredibly hard and

can be working incredibly hard and loving it and likewise you can be out of

loving it and likewise you can be out of

loving it and likewise you can be out of work and incredibly stressed over that

work and incredibly stressed over that

work and incredibly stressed over that so and likewise if you kind of use the

so and likewise if you kind of use the

so and likewise if you kind of use the you know use that as an analogy for what

you know use that as an analogy for what

you know use that as an analogy for what I was just talking about if you’re out

I was just talking about if you’re out

I was just talking about if you’re out of work but you’re going through you

of work but you’re going through you

of work but you’re going through you know a disciplined approach of you know

know a disciplined approach of you know

know a disciplined approach of you know a series of job interviews and so on and

a series of job interviews and so on and

a series of job interviews and so on and working to remedy that situation you’re

working to remedy that situation you’re

working to remedy that situation you’re going to be a lot less stressed than if

going to be a lot less stressed than if

going to be a lot less stressed than if you’re just worrying about it and doing

you’re just worrying about it and doing

you’re just worrying about it and doing nothing if you’re giving great customer

nothing if you’re giving great customer

nothing if you’re giving great customer experience there’s the only way to do

experience there’s the only way to do

experience there’s the only way to do that is with happy people you can’t do

that is with happy people you can’t do

that is with happy people you can’t do it with a set of miserable people you

it with a set of miserable people you

it with a set of miserable people you know watching the clock all day so does

know watching the clock all day so does

know watching the clock all day so does that include work-life balance and all

that include work-life balance and all

that include work-life balance and all those things yes but I would I use I

those things yes but I would I use I

those things yes but I would I use I teach three leadership classes a year at

teach three leadership classes a year at

teach three leadership classes a year at Amazon I’m a part of it they’re bigger

Amazon I’m a part of it they’re bigger

Amazon I’m a part of it they’re bigger classes but I come in and teach a

classes but I come in and teach a

classes but I come in and teach a session and I always talk about

session and I always talk about

session and I always talk about work-life balance except I like to use

work-life balance except I like to use

work-life balance except I like to use the phrase work life harmony rather than

the phrase work life harmony rather than

the phrase work life harmony rather than balance because to me balance implies a

balance because to me balance implies a

balance because to me balance implies a strict trade whereas I find that when I

strict trade whereas I find that when I

strict trade whereas I find that when I am happy at work I come home more

am happy at work I come home more

am happy at work I come home more energized I’m a better husband better

energized I’m a better husband better

energized I’m a better husband better dad and when I’m happy home I come in

dad and when I’m happy home I come in

dad and when I’m happy home I come in and the better boss and

and the better boss and

and the better boss and better colleague and so that that it’s

better colleague and so that that it’s

better colleague and so that that it’s not you could be out of work and we have

not you could be out of work and we have

not you could be out of work and we have terrible work-life balance you know even

terrible work-life balance you know even

terrible work-life balance you know even though you’ve got all the time in the

though you’ve got all the time in the

though you’ve got all the time in the world right you could just feel like oh

world right you could just feel like oh

world right you could just feel like oh my god you know I’m miserable and you

my god you know I’m miserable and you

my god you know I’m miserable and you would be draining energy and so you have

would be draining energy and so you have

would be draining energy and so you have to find that harmony it’s a much better

to find that harmony it’s a much better

to find that harmony it’s a much better word and I think for most people it’s

word and I think for most people it’s

word and I think for most people it’s about meaning people want to know that

about meaning people want to know that

about meaning people want to know that they’re doing something interesting and

they’re doing something interesting and

they’re doing something interesting and useful and for us you know because of

useful and for us you know because of

useful and for us you know because of the challenges that we have chosen for

the challenges that we have chosen for

the challenges that we have chosen for ourselves we get to work in the future

ourselves we get to work in the future

ourselves we get to work in the future and it’s super fun to work in the future

and it’s super fun to work in the future

and it’s super fun to work in the future for the right kind of person it’s easy

for the right kind of person it’s easy

for the right kind of person it’s easy to have ideas it’s very hard to turn an

to have ideas it’s very hard to turn an

to have ideas it’s very hard to turn an idea into a successful product there are

idea into a successful product there are

idea into a successful product there are a lot of steps in between it takes

a lot of steps in between it takes

a lot of steps in between it takes persistence relentlessness so I always

persistence relentlessness so I always

persistence relentlessness so I always tell people who are you know who think

tell people who are you know who think

tell people who are you know who think they want to be entrepreneurs it’s you

they want to be entrepreneurs it’s you

they want to be entrepreneurs it’s you need a combination of stubborn

need a combination of stubborn

need a combination of stubborn relentlessness and flexibility and you

relentlessness and flexibility and you

relentlessness and flexibility and you have to know when to bewitch and

have to know when to bewitch and

have to know when to bewitch and basically you need to be stubborn on

basically you need to be stubborn on

basically you need to be stubborn on your vision because otherwise it’ll be

your vision because otherwise it’ll be

your vision because otherwise it’ll be too easy to give up but you need to be

too easy to give up but you need to be

too easy to give up but you need to be very flexible on the details because as

very flexible on the details because as

very flexible on the details because as you go along pursuing your vision you’ll

you go along pursuing your vision you’ll

you go along pursuing your vision you’ll find that some of your preconceptions

find that some of your preconceptions

find that some of your preconceptions were wrong and you’re going to need to

were wrong and you’re going to need to

were wrong and you’re going to need to be able to change those things so I

be able to change those things so I

be able to change those things so I think taking an idea successfully all

think taking an idea successfully all

think taking an idea successfully all the way to the market and turning it

the way to the market and turning it

the way to the market and turning it into a real product that people care

into a real product that people care

into a real product that people care about and it really improves people’s

about and it really improves people’s

about and it really improves people’s lives if a lot of hard work I had some

lives if a lot of hard work I had some

lives if a lot of hard work I had some family role models and I had some other

family role models and I had some other

family role models and I had some other people you know some sort of historical

people you know some sort of historical

people you know some sort of historical role models that I looked at too so

role models that I looked at too so

role models that I looked at too so certainly my my grandfather was a

certainly my my grandfather was a

certainly my my grandfather was a serious role model for me I just had so

serious role model for me I just had so

serious role model for me I just had so much time I you learn different things

much time I you learn different things

much time I you learn different things from grandparents and you learn from

from grandparents and you learn from

from grandparents and you learn from parents it’s a it’s a great I would

parents it’s a it’s a great I would

parents it’s a it’s a great I would encourage anybody to try to spend time

encourage anybody to try to spend time

encourage anybody to try to spend time not only with their parents but with

not only with their parents but with

not only with their parents but with their grandparents and that but I and I

their grandparents and that but I and I

their grandparents and that but I and I also had I to people I always would read

also had I to people I always would read

also had I to people I always would read about and

about and

about and or Thomas Edison and Walt Disney those

or Thomas Edison and Walt Disney those

or Thomas Edison and Walt Disney those were sort of my – you know biographical

were sort of my – you know biographical

were sort of my – you know biographical heroes I always been interested in in

heroes I always been interested in in

heroes I always been interested in in inventors and invention and Edison of

inventors and invention and Edison of

inventors and invention and Edison of course just you know for for a little

course just you know for for a little

course just you know for for a little kid is the and probably for adults too I

kid is the and probably for adults too I

kid is the and probably for adults too I still feel this way at least is that not

still feel this way at least is that not

still feel this way at least is that not only the symbol of that but the actual

only the symbol of that but the actual

only the symbol of that but the actual fact of that the just incredible

fact of that the just incredible

fact of that the just incredible inventor and I’ve always felt that

inventor and I’ve always felt that

inventor and I’ve always felt that there’s a certain kind of important

there’s a certain kind of important

there’s a certain kind of important pioneering that goes on from an inventor

pioneering that goes on from an inventor

pioneering that goes on from an inventor like Thomas Edison and then Disney was a

like Thomas Edison and then Disney was a

like Thomas Edison and then Disney was a different sort of thing he also you know

different sort of thing he also you know

different sort of thing he also you know real pioneer and an inventor and doing

real pioneer and an inventor and doing

real pioneer and an inventor and doing new things but it seemed to me that he

new things but it seemed to me that he

new things but it seemed to me that he had this incredible capability to create

had this incredible capability to create

had this incredible capability to create a vision that he could get a large

a vision that he could get a large

a vision that he could get a large number of people to share because the

number of people to share because the

number of people to share because the things that Disney invented like

things that Disney invented like

things that Disney invented like Disneyland you know the theme parks are

Disneyland you know the theme parks are

Disneyland you know the theme parks are so and they were such big visions that

so and they were such big visions that

so and they were such big visions that no single individual unlike a lot of the

no single individual unlike a lot of the

no single individual unlike a lot of the things that Edison worked on no single

things that Edison worked on no single

things that Edison worked on no single individual could never pull them off and

individual could never pull them off and

individual could never pull them off and and Walt Disney really was able to get a

and Walt Disney really was able to get a

and Walt Disney really was able to get a big team of people working in a

big team of people working in a

big team of people working in a concerted direction I don’t really

concerted direction I don’t really

concerted direction I don’t really remember the exact day or anything but

remember the exact day or anything but

remember the exact day or anything but when I was in college is when I started

when I was in college is when I started

when I was in college is when I started thinking about wanting to be an

thinking about wanting to be an

thinking about wanting to be an entrepreneur someday so it was I was not

entrepreneur someday so it was I was not

entrepreneur someday so it was I was not the kid with the lemonade stand you know

the kid with the lemonade stand you know

the kid with the lemonade stand you know I didn’t I wasn’t one of these kids who

I didn’t I wasn’t one of these kids who

I didn’t I wasn’t one of these kids who was always trying to race one I always

was always trying to race one I always

was always trying to race one I always wanted to be a scientist when I was

wanted to be a scientist when I was

wanted to be a scientist when I was little but I’d also always loved

little but I’d also always loved

little but I’d also always loved computers I liked I was lucky because at

computers I liked I was lucky because at

computers I liked I was lucky because at my age this is unusual to have access to

my age this is unusual to have access to

my age this is unusual to have access to a mainframe computer from my elementary

a mainframe computer from my elementary

a mainframe computer from my elementary school when I was in fourth grade and

school when I was in fourth grade and

school when I was in fourth grade and quickly learned that there was a

quickly learned that there was a

quickly learned that there was a pre-programmed star trek game on that

pre-programmed star trek game on that

pre-programmed star trek game on that computer and then I never did anything

computer and then I never did anything

computer and then I never did anything except play Star Trek with the computer

except play Star Trek with the computer

except play Star Trek with the computer so I know how formative that was

so I know how formative that was

so I know how formative that was certainly led

certainly led

certainly led it’s really helped my Star Trek

it’s really helped my Star Trek

it’s really helped my Star Trek knowledge considerably and and but I’ve

knowledge considerably and and but I’ve

knowledge considerably and and but I’ve always loved computers somewhere in

always loved computers somewhere in

always loved computers somewhere in college I started watching some of the

college I started watching some of the

college I started watching some of the people who are like setting up you know

people who are like setting up you know

people who are like setting up you know college pizza delivery services and you

college pizza delivery services and you

college pizza delivery services and you know the kind of the core entrepreneurs

know the kind of the core entrepreneurs

know the kind of the core entrepreneurs and thinking you know this looks like a

and thinking you know this looks like a

and thinking you know this looks like a really fun thing to do

really fun thing to do

really fun thing to do are you some very rare I

are you some very rare I

are you some very rare I that can be done by a single individual

that can be done by a single individual

that can be done by a single individual almost everything that is going to

almost everything that is going to

almost everything that is going to change the world solve a problem improve

change the world solve a problem improve

change the world solve a problem improve something these are usually big efforts

something these are usually big efforts

something these are usually big efforts and they require you know teams a team

and they require you know teams a team

and they require you know teams a team working together to really get something

working together to really get something

working together to really get something important done and that has been the

important done and that has been the

important done and that has been the story of amazon.com every step along the

story of amazon.com every step along the

story of amazon.com every step along the way we’ve had a team here that is is

way we’ve had a team here that is is

way we’ve had a team here that is is making this work I mean I don’t know

making this work I mean I don’t know

making this work I mean I don’t know even even at the smallest scale you have

even even at the smallest scale you have

even even at the smallest scale you have to figure out how to get help from your

to figure out how to get help from your

to figure out how to get help from your friends from your family members from

friends from your family members from

friends from your family members from people that you can hire in those early

people that you can hire in those early

people that you can hire in those early days I think without that we would never

days I think without that we would never

days I think without that we would never work

work

work do something you’re very passionate

do something you’re very passionate

do something you’re very passionate about and don’t try to chase what is

about and don’t try to chase what is

about and don’t try to chase what is kind of the hot passion of the day I

kind of the hot passion of the day I

kind of the hot passion of the day I think we actually saw this I think you

think we actually saw this I think you

think we actually saw this I think you see it all over the place in many

see it all over the place in many

see it all over the place in many different contexts so I think we saw it

different contexts so I think we saw it

different contexts so I think we saw it in the internet world quite a bit where

in the internet world quite a bit where

in the internet world quite a bit where you know it’s sort of peak of the sort

you know it’s sort of peak of the sort

you know it’s sort of peak of the sort of Internet of you know mania and say

of Internet of you know mania and say

of Internet of you know mania and say 1999 you found people who were you know

1999 you found people who were you know

1999 you found people who were you know very passionate I mean they kind of left

very passionate I mean they kind of left

very passionate I mean they kind of left that job and decided I’m going to you

that job and decided I’m going to you

that job and decided I’m going to you know do something in the internet

know do something in the internet

know do something in the internet because it’s you know it was almost like

because it’s you know it was almost like

because it’s you know it was almost like the you know the 18-49 Gold Rush in a

the you know the 18-49 Gold Rush in a

the you know the 18-49 Gold Rush in a way I mean you find that people you

way I mean you find that people you

way I mean you find that people you could go back and stay to the history of

could go back and stay to the history of

could go back and stay to the history of the 18-49 Gold Rush you find that you

the 18-49 Gold Rush you find that you

the 18-49 Gold Rush you find that you know at that time everybody who was in

know at that time everybody who was in

know at that time everybody who was in within shouting distance of California

within shouting distance of California

within shouting distance of California was you know they might have been a

was you know they might have been a

was you know they might have been a doctor but they quit being a doctor and

doctor but they quit being a doctor and

doctor but they quit being a doctor and they started panning for gold and that

they started panning for gold and that

they started panning for gold and that that almost never works and even if it

that almost never works and even if it

that almost never works and even if it does work you know according to some

does work you know according to some

does work you know according to some metric financial success or whatever

metric financial success or whatever

metric financial success or whatever might be I suspect it leaves you

might be I suspect it leaves you

might be I suspect it leaves you ultimately unsatisfied so you really

ultimately unsatisfied so you really

ultimately unsatisfied so you really need to be very clear with yourself and

need to be very clear with yourself and

need to be very clear with yourself and I think one of the best ways to do that

I think one of the best ways to do that

I think one of the best ways to do that is this notion of projecting yourself

is this notion of projecting yourself

is this notion of projecting yourself forward to age 80 looking back on your

forward to age 80 looking back on your

forward to age 80 looking back on your life and trying to make sure you

life and trying to make sure you

life and trying to make sure you minimize the number of regrets you have

minimize the number of regrets you have

minimize the number of regrets you have that works for that work for career

that works for that work for career

that works for that work for career decisions it works for family decisions

decisions it works for family decisions

decisions it works for family decisions you know do you want I have a 14 month

you know do you want I have a 14 month

you know do you want I have a 14 month old son and it’s very easy for me to if

old son and it’s very easy for me to if

old son and it’s very easy for me to if I think about myself when I’m 80 I know

I think about myself when I’m 80 I know

I think about myself when I’m 80 I know I want to watch that little guy grow up

I want to watch that little guy grow up

I want to watch that little guy grow up and so it’s I don’t want to be 80 and

and so it’s I don’t want to be 80 and

and so it’s I don’t want to be 80 and think shoot you know I missed that whole

think shoot you know I missed that whole

think shoot you know I missed that whole thing and I don’t have the kind of

thing and I don’t have the kind of

thing and I don’t have the kind of relationship with my son that I wished I

relationship with my son that I wished I

relationship with my son that I wished I had and so on and so on so if you think

had and so on and so on so if you think

had and so on and so on so if you think about that so I guess another thing that

about that so I guess another thing that

about that so I guess another thing that I would recommend to people is that they

I would recommend to people is that they

I would recommend to people is that they always take a long term point of view

always take a long term point of view

always take a long term point of view and I think this is something about

and I think this is something about

and I think this is something about which there’s a lot of controversy you

which there’s a lot of controversy you

which there’s a lot of controversy you know there’s a there’s a you know

know there’s a there’s a you know

know there’s a there’s a you know something a lot of people and I’m just

something a lot of people and I’m just

something a lot of people and I’m just not one of them believe that you should

not one of them believe that you should

not one of them believe that you should live for the now I think what you do is

live for the now I think what you do is

live for the now I think what you do is you think about the the great expanse of

you think about the the great expanse of

you think about the the great expanse of time ahead of you and try to make sure

time ahead of you and try to make sure

time ahead of you and try to make sure that you’re planning for that in a way

that you’re planning for that in a way

that you’re planning for that in a way that’s going to leave you ultimately

that’s going to leave you ultimately

that’s going to leave you ultimately satisfied so this is just my this is the

satisfied so this is just my this is the

satisfied so this is just my this is the way it works for me and I mean this is

way it works for me and I mean this is

way it works for me and I mean this is everybody needs to find that for

everybody needs to find that for

everybody needs to find that for themselves so I think there are a lot of

themselves so I think there are a lot of

themselves so I think there are a lot of paths to satisfaction and you need to

paths to satisfaction and you need to

paths to satisfaction and you need to find one that works works for you

thank you guys so much for watching I’d

thank you guys so much for watching I’d love to know what did you think of this

love to know what did you think of this

love to know what did you think of this video and in general what do you think

video and in general what do you think

video and in general what do you think of our volume 2 series leave it down in

of our volume 2 series leave it down in

of our volume 2 series leave it down in the comments below I’m super curious to

the comments below I’m super curious to

the comments below I’m super curious to find out what you have to say also I’d

find out what you have to say also I’d

find out what you have to say also I’d love to learn what did you take from

love to learn what did you take from

love to learn what did you take from this video what did you learn from Jeff

this video what did you learn from Jeff

this video what did you learn from Jeff today which clip residents and most with

today which clip residents and most with

today which clip residents and most with you and what are you going to

you and what are you going to

you and what are you going to immediately apply to your life or your

immediately apply to your life or your

immediately apply to your life or your business somehow please leave it down in

business somehow please leave it down in

business somehow please leave it down in the comments and I’m going to join in

the comments and I’m going to join in

the comments and I’m going to join in the discussion finally and with the

the discussion finally and with the

the discussion finally and with the quick chair that the Carolyn Owens thank

quick chair that the Carolyn Owens thank

quick chair that the Carolyn Owens thank you so much Carolyn for picking up a

you so much Carolyn for picking up a

you so much Carolyn for picking up a copy of my book year one word and

copy of my book year one word and

copy of my book year one word and posting a picture of it on Twitter I

posting a picture of it on Twitter I

posting a picture of it on Twitter I really really really appreciate the

really really really appreciate the

really really really appreciate the support and I hope you’re enjoying the

support and I hope you’re enjoying the

support and I hope you’re enjoying the read so thank you guys so much for

read so thank you guys so much for

read so thank you guys so much for watching I believe in you I hope you

watching I believe in you I hope you

watching I believe in you I hope you continue to believe in yourself and

continue to believe in yourself and

continue to believe in yourself and whatever your one word is much love I’ll

whatever your one word is much love I’ll

whatever your one word is much love I’ll see you soon

– – speech that you don’t like about

– – speech that you don’t like about yourself as a public figure is to

yourself as a public figure is to

yourself as a public figure is to develop a thick skin it’s really the

develop a thick skin it’s really the

develop a thick skin it’s really the only effective defense because you can’t

only effective defense because you can’t

only effective defense because you can’t stop it and you know your are going to

stop it and you know your are going to

stop it and you know your are going to be misunderstood if you’re doing

be misunderstood if you’re doing

be misunderstood if you’re doing anything interesting in the world you’re

anything interesting in the world you’re

anything interesting in the world you’re going to have critics the only way if

going to have critics the only way if

going to have critics the only way if you absolutely can’t tolerate critics so

you absolutely can’t tolerate critics so

you absolutely can’t tolerate critics so don’t do anything new or interesting and

don’t do anything new or interesting and

don’t do anything new or interesting and then you can insulate yourself then

then you can insulate yourself then

then you can insulate yourself then think how wonderful your life will get

think how wonderful your life will get

think how wonderful your life will get the Bezos yeah usually people when you

the Bezos yeah usually people when you

the Bezos yeah usually people when you if you see something I don’t know you’re

if you see something I don’t know you’re

if you see something I don’t know you’re kind of a public figure and you’ve

kind of a public figure and you’ve

kind of a public figure and you’ve probably things have probably been

probably things have probably been

probably things have probably been written about you that you didn’t think

written about you that you didn’t think

written about you that you didn’t think we’re nice that’s true and and in my

we’re nice that’s true and and in my

we’re nice that’s true and and in my advice if you came to me and said

advice if you came to me and said

advice if you came to me and said justice you know somebody wrote this and

justice you know somebody wrote this and

justice you know somebody wrote this and it really hurt my feelings what should I

it really hurt my feelings what should I

it really hurt my feelings what should I do

do

do I would say go stand on a street corner

I would say go stand on a street corner

I would say go stand on a street corner and watch in a crowded urban area and

and watch in a crowded urban area and

and watch in a crowded urban area and watch all the people walk by and think

watch all the people walk by and think

watch all the people walk by and think about what they’re thinking about I bet

about what they’re thinking about I bet

about what they’re thinking about I bet you none of those people are thinking

you none of those people are thinking

you none of those people are thinking about you if you’re stay on that street

about you if you’re stay on that street

about you if you’re stay on that street corner and really in your mind you can

corner and really in your mind you can

corner and really in your mind you can do this thought experiment like okay

do this thought experiment like okay

do this thought experiment like okay there’s a woman who just walked by

there’s a woman who just walked by

there’s a woman who just walked by what’s she actually thinking about

what’s she actually thinking about

what’s she actually thinking about probably what might may be what she’s

probably what might may be what she’s

probably what might may be what she’s going to cook for dinner that night or

going to cook for dinner that night or

going to cook for dinner that night or that the argument that she had with one

that the argument that she had with one

that the argument that she had with one of her employees or whatever it is like

of her employees or whatever it is like

of her employees or whatever it is like it’s not about us a lot of small book

it’s not about us a lot of small book

it’s not about us a lot of small book publishers and other smaller companies

publishers and other smaller companies

publishers and other smaller companies worried that the power of Amazon give

worried that the power of Amazon give

worried that the power of Amazon give them no chance you’ve got to earn your

them no chance you’ve got to earn your

them no chance you’ve got to earn your keep in this world when you invent

keep in this world when you invent

keep in this world when you invent something new if customers come to the

something new if customers come to the

something new if customers come to the party it’s disruptive to the old way

party it’s disruptive to the old way

party it’s disruptive to the old way yeah but I mean there are areas where

yeah but I mean there are areas where

yeah but I mean there are areas where your power is so great and your margin

your power is so great and your margin

your power is so great and your margin you’re prepared to make it so thin that

you’re prepared to make it so thin that

you’re prepared to make it so thin that you can drive people out of business and

you can drive people out of business and

you can drive people out of business and you have that kind of drink and people

you have that kind of drink and people

you have that kind of drink and people worried is Amazon ruthless in their

worried is Amazon ruthless in their

worried is Amazon ruthless in their pursuit of market share the Internet is

pursuit of market share the Internet is

pursuit of market share the Internet is disrupting every media industry charlie

disrupting every media industry charlie

disrupting every media industry charlie you know people can complain about that

you know people can complain about that

you know people can complain about that but complaining is not a strategy amazon

but complaining is not a strategy amazon

but complaining is not a strategy amazon is not happening to book selling the

is not happening to book selling the

is not happening to book selling the future is happening to book selling

”

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *