4 ms·
You have to admire Bezo's approach to new ideas... "On the day you decide to give up on it (hypothetical idea), what happens? Your operating margins go up beca
by mrschwabe 15y ago
You have to admire Bezo's approach to new ideas...
"On the day you decide to give up on it (hypothetical idea), what happens? Your operating margins go up because you stopped investing in something that wasn’t working. Is that really such a bad day?"
- famousactress 15y agoI do appreciate the silver-lining attitude, but this really only applies to risks that are marginalized by the amount of success you're already experiencing. It wouldn't be all that great a day if say, we were talking about how much more expendable income you have now that you've foreclosed on your house. Still, I think that's a big part of his point.. to take risks early and often enough that you can (afford to) think about them this way.