Decision frameworks and strategies that drive innovation and growth. Jeff Bezos built Amazon which made him the world's richest man. He's had a lot of luck but has consistently stuck to a core group of philosophies and mental models that drive the decisions behind his incredible success. Amazon is more than just an e-commerce juggernaut but a builder of entire ecosystems such as the cloud computing industry (AWS), the e-publishing industry (Kindle) and the world of home devices that talk to each other and you (Alexa). The stories behind these innovations show how to build a culture of growth and inventiveness full of Growth Mindset lessons. Sponsor - Cozy Earth Luxury Bamboo sheets and Loungeware that become softer the more you use them. 35% off code 'GROWTH' - CozyEarth.com Sponsor - SleepyClub Doctor-approved natural sleeping aid that improves sleep quality. Safe to take every day. 20% discount code 'GROWTH20' - SleepyClub.co.uk Growth Mindset pod Sam Webster Harris explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement. Success and happiness is a state of mind unique to ourselves and is our responsibility to create. Watch the pod - YouTube (Growth Mindset) Mail - GrowthMindsetPodcast(at)gmail.com Insta - SamJam.zen Chapters 00:00 #1 Thinking in Primitives 02:52 The Power of Mental Models 03:48 Story - How AWS began 06:27 #2 Customer-Centric Obsession 08:08 Story - Why they built Amazon Prime 10:06 #3 Long Term Thinking 11:22 Story - Launching the Kindle and e-publishing industry 14:05 Willingness to be Misunderstood 14:45 #4 Team - Single Threaded Leadership 15:53 #5 Team - Employ and Empower Builders 16:59 Culture - Meetings are for Decisions 17:58 #6 High-Velocity Decision making - Reversible vs Irreversible Decisions 20:32 #7 Regret Minimization Framework 22:09 Disagree and Commit 23:19 #8 Embrace Failure 24:01 Total Fails - Amazon Fire Phone, Amazon Wallet, Amazon Destinations, Amazon Restaurants 26:19 Importance of Timing and Competition 28:33 #9 Day 1 Thinking 31:15 Useful Bonus points 31:23 Flywheel effect 31:51 Word of Mouth Marketing 32:48 Opposing Belief - Ignoring vs Crushing Competition 34:56 #10 Opposing Belief - Stubborn and Flexible 35:32 Applied to Growth Mindset thinking 39:30 Wrap up Learn more about your ad choices. Visit podcastchoices.com/adchoices