The valuable lessons on leadership from Jeff Bezos, founder and CEO of Amazon
The richest man in the world toured the life of his company that went from 10 to 500,000 employees and spoke about their customs and their convictions in a presentation before The Economic Club in Washington, DC.
The conversation was guided by billionaire and philanthropist David Rubenstein, club director and co-founder of the investment fund The Carlyle Group, who has known Bezos since Amazon started with a minimal structure. The CEO recalled those times when he himself assembled the packages and revealed the “secret ingredient” that allowed him to grow with his company to the point of being today the richest man in the world.
Intuition and errors. 3 decisions per day. Sleep 8 hours
Bezos also spoke about the different elements that play important roles in decision-making; He also pointed out the value that mistakes can have, and recalled several failed experiments of his company. He revealed his morning routines and the reason why he does not make certain decisions in the afternoon.
The Washington Post. Press business. Trump. Blue Origin
Although he knew nothing about media, he assumed the responsibility of changing the business model of The Washington Post because he knew, and much, about the internet. But he was always aware of the historical value of the newspaper and the freedom of the press, which he defended. He talked about why his other transcendent project, Blue Origin, is “the most important” he is developing today.
The bag. From books to everything. Social role of large companies
Finally, Bezos spoke of how wealth is truly built. The stock exchange, he said, does not define a company: he recalled how during the dotcom bubble the value of Amazon skyrocketed, to plummet in less than a year, without it detracting from the mission and roots of the company. firm.