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← People and their mental models

Jeff Bezos's mental models

2 claims Jeff Bezos made fit 2 mental models. Most often: One-way and two-way doors, Play long games. Everything they said here.

Models they name

Their own words name the idea.

One-way and two-way doors

Decide fast when a choice can be undone, and slowly when it cannot.

Decisions split into reversible two-way doors and irreversible one-way doors, and only the one-way doors deserve slow, deliberate scrutiny.

  1. Jeff Bezos Founder of Amazon in 1994 and of the space company Blue Origin in 2000 If you make the wrong decision, if it's a two-way door decision, you pick a door, you walk out and you spend a little time there. It turns out to be the wrong decision, you can come back in and pick another door. Some decisions are so consequential and so important and so hard to reverse that they really are one-way door decisions. You go in that door, you're not coming back. And those decisions have to be made very deliberately, very carefully. Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405youtube.com · 14 Dec 2023 · 1:00:06 into the videoAll korrents from this video
    If you make the wrong decision, if it's a two-way door decision, you pick a door, you walk out and you spend a little time there. It turns out to be the wrong decision, you can come back in and pick another door. Some decisions are so consequential and so important and so hard to reverse that they really are one-way door decisions. You go in that door, you're not coming back. And those decisions have to be made very deliberately, very carefully.

    Watch from 1:00:06 plays here

    ↗Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405youtube.com

    14 Dec 2023 · video · 2h 11m · spoken · official transcript

Play long games

A longer horizon makes some problems solvable and some short-term wins look like what they are.

Long-term thinking is a lever that makes problems solvable which are impossible on a short horizon, and five years is already past most institutions' limit.

  1. Jeff Bezos Founder of Amazon in 1994 and of the space company Blue Origin in 2000 Long-term thinking is a giant lever. You can literally solve problems if you think long-term, that are impossible to solve if you think short-term. And we aren't really good at thinking long-term. Five years is a tough timeframe for most institutions to think past. Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405youtube.com · 14 Dec 2023 · 2:07:56 into the videoAll korrents from this video
    Long-term thinking is a giant lever. You can literally solve problems if you think long-term, that are impossible to solve if you think short-term. And we aren't really good at thinking long-term. Five years is a tough timeframe for most institutions to think past.

    Watch from 2:07:56 plays here

    ↗Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405youtube.com

    14 Dec 2023 · video · 2h 11m · spoken · official transcript