How The World's Second Richest Man Makes Decisions

Jeffrey Bezos is the founder and former CEO of Amazon.
With a net worth of US$182b, he's the world's second wealthiest person.

The Jeff Bezos Reversible vs. Irreversible Decisions Framework is a powerful mental model for unlocking growth in your career, business, relationships, or life.

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MORE IDEAS ON THIS

Going In A Flow

Irreversible and reversible decisions exist on a continuum—they're not binary.

You need to plot your decision against each spectrum to determine the importance of the decision.

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The Bottom Line

Once you start using this framework, you'll quickly learn that the vast majority of decisions are reversible.
This will unlock considerable progress for yourself, your career, or your business.
We should always aspire to speed, because time is the one resource we lack most.

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Applying The Decision Framework In Our Lives

Step 1: Determine whether the decision is reversible

Step 2: If it's reversible, have confidence in making the decision quickly

Step 3: For irreversible decisions, slow down and gather more information before deciding

Reversible...

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Irreversible And Reversible Decisions

Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically, carefully, slowly, with great deliberation and consultation. If you walk through and don’t like what you see on the other side, you can’t get ...

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There are some subtle traps that even high-performing large organizations can fall into as a matter of course, and we’ll have to learn as an institution how to guard against them. One common pitfall for large organizations – one that hurts speed and inventiveness – is ...