43 thoughts on “Tips on Innovation & Entrepreneurship From Jeff Bezos”

  1. Om, thanks for documenting this. very helpful.

    there was one more very insightful notion that Jeff hashed out:

    Two Models for Business Extensions
    a. Backwards from Customer Needs
    taking feedback from customers and evolving the offerings or adding new products in adjacent markets … i.e. Kindle

    b. Forwards from internal skills
    productizing internal efficiencies and offering them externally … i.e. Amazon Webservices

  2. Om , thanks for this article.

    “Willingness to fail” is so true. Often times if an idea or innovation comes to mind we think of success and failure and never go ahead and try it. You learn from your mistakes is the phrase we have been listening for a long time now.

  3. Good reason to set-up a thumb drive just to back up documents automagically every few minutes when you’re out in the field.

    I think you’re about 110% right about Bezos.

    1. Yeah great article, very interesting ideas going there. I am happy to see that more and more don’t stick to the old ideas and try to actually change things to stay in the game! Way to go.

  4. Great article Om. Thanks

    >>my month-old MacBook died in the middle of writing that post and I lost much of it<<

    Will you still compare Taj with Apple?

  5. Om, thanks for this!!! Your enthusiasm flies off the screen. I’m not even a businesswoman…..well, the business of life is mine though. It was a great day for me to be reading about the willingness to fail and the willingness to be misunderstood for a long period of time. Relevant to my journey at the moment.

    You’ve probably heard this a billion times a quadrodillion times but I love your name!

    Bon Voyage, everyone!!!

  6. Thank you for this article, it is great to see the point made by Bezos on the professional managers and the founder. Clearly for professional managers they are obsessed by share holders and wall street. And definitely they are very impatient so telling them to wait 5 to 7 years is like eternity.

    Take a look at a book called “the red pill of technology innovation”.

  7. The comment by Jeff Bezos that reads, “You need a culture that high-fives small and innovative ideas and senior executives [that] encourage ideas” is so right. I just read a book called ‘EXPLOITING CHAOS’ that talks about these kind of innovative practices. The website lets you read the first chapter for free (which is how I found it). http://www.exploitingchaos.com for anyone who’s interested.

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