Bezos takes the long view, thinking in decades and centuries. He developed this perspective early reading about outer space and timescales.
He trains employees and investors to have long-term patience and not sacrifice the future for quick profits.
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Bezonomics" was written by Brian Dumaine and published by Scribner on May 12, 2020. The book focuses on Jeff Bezos and Amazon, and argues that Bezos's focus on customer service and the accumulation and analysis of customer data is key to Amazon's success. It explores how Amazon has disrupted traditional retail and changed the way we shop, and also looks at the challenges the company faces as it continues to grow and expand into new industries.
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Similar ideas to Forcing Long-Term Perspective
Thinking about the future can guide us to make choices that reflect our beliefs and objectives.
Benefits of Considering the Future:
In his 1997 shareholder letter, Jeff Bezos issued a manifesto “It’s all about the long-term” where he laid out his approach to business and to running Amazon. He pledged that decisions would be made with a long-term lens and with a focus on market leadership.
This manifest...
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