This is Jeff Bezos’s favorite book.
He’s been rereading it for 25 years straight, and it inspired his most famous decision-making model.
Here are the 7 lessons from "The Remains of the Day" that helped him build his $200B+ Amazon empire: 🧵
In 1987, Bezos discovered "The Remains of the Day" by Kazuo Ishiguro.
The story of a butler's lifetime of regret struck him like lightning.
It would later become the foundation of Bezos's entire philosophy:
The story of a butler's lifetime of regret struck him like lightning.
It would later become the foundation of Bezos's entire philosophy:
The book follows Stevens, an English butler who sacrificed everything for "professional dignity."
But in his final years, he realizes a devastating truth:
• His dignity was a prison
• He never lived for himself
• His whole life was spent in fear
But in his final years, he realizes a devastating truth:
• His dignity was a prison
• He never lived for himself
• His whole life was spent in fear
This revelation shook Bezos to his core.
At 30, he was the youngest Senior VP at D.E. Shaw:
• Making $1M/year
• On track to be partner
• Living the Wall Street dream
But something felt off:
At 30, he was the youngest Senior VP at D.E. Shaw:
• Making $1M/year
• On track to be partner
• Living the Wall Street dream
But something felt off:
VIDEO
That's when Bezos noticed internet usage growing 2,300% per year.
He faced a choice:
• Stay in his golden handcuffs
• Risk everything on the internet
The butler's story of regret haunted his decision.
He faced a choice:
• Stay in his golden handcuffs
• Risk everything on the internet
The butler's story of regret haunted his decision.
VIDEO
This led Bezos to create his famous "Regret Minimization Framework":
Imagine yourself at 80, looking back at life:
"Would you regret this decision?"
Here's how Bezos explains it:
Imagine yourself at 80, looking back at life:
"Would you regret this decision?"
Here's how Bezos explains it:
VIDEO
The answer became crystal clear.
Just like Stevens the butler, playing it safe was the riskiest move of all.
This insight became the foundation for 7 principles that would transform Amazon:
Just like Stevens the butler, playing it safe was the riskiest move of all.
This insight became the foundation for 7 principles that would transform Amazon:
Lesson 1: Make decisions through the lens of your 80-year-old self
Most optimize for 2-3 years ahead.
But Bezos optimized for 40 years out:
• AWS took 10 years to profit
• Prime was mocked for years
• Kindle was called "Amazon's iPod of reading"
Most optimize for 2-3 years ahead.
But Bezos optimized for 40 years out:
• AWS took 10 years to profit
• Prime was mocked for years
• Kindle was called "Amazon's iPod of reading"
Lesson 2: Professional dignity is a trap
Stevens wasted his life maintaining an image.
Bezos embraced being misunderstood:
• Left Wall Street at its peak
• Ignored quarterly profits
• Reinvested everything into growth
Stevens wasted his life maintaining an image.
Bezos embraced being misunderstood:
• Left Wall Street at its peak
• Ignored quarterly profits
• Reinvested everything into growth
VIDEO
Lesson 3: Move with urgency and intensity
Stevens realized too late that time was his scarcest resource.
This birthed Amazon's "Day 1" philosophy:
• Make quick decisions
• High-velocity experimentation
• Never waste a day
Stevens realized too late that time was his scarcest resource.
This birthed Amazon's "Day 1" philosophy:
• Make quick decisions
• High-velocity experimentation
• Never waste a day
VIDEO
Lesson 4: Emotion drives the biggest breakthroughs
Stevens suppressed his emotions, leading to regret.
Bezos channeled emotion into:
• Customer obsession
• Long-term thinking
• Building trust
Logic plans. Emotion executes.
Stevens suppressed his emotions, leading to regret.
Bezos channeled emotion into:
• Customer obsession
• Long-term thinking
• Building trust
Logic plans. Emotion executes.
Lesson 5: The "safe path" is often the riskiest
Stevens never questioned his role as a butler.
Bezos questions everything:
• Traditional retail
• Book publishing
• Cloud computing
• His own success
Growth lives outside your comfort zone.
Stevens never questioned his role as a butler.
Bezos questions everything:
• Traditional retail
• Book publishing
• Cloud computing
• His own success
Growth lives outside your comfort zone.
VIDEO
Lesson 6: Build reflection into your system
Stevens only reflected at life's end.
Bezos built reflection into Amazon's DNA:
• Silent reading in meetings
• December book rereading ritual
• 6-page memos, not PowerPoints
Read more about it here:
Stevens only reflected at life's end.
Bezos built reflection into Amazon's DNA:
• Silent reading in meetings
• December book rereading ritual
• 6-page memos, not PowerPoints
Read more about it here:
View Tweet
Lesson 7: Study timeless principles
Every December, Bezos rereads "The Remains of the Day" to remember:
• Move fast
• Think long-term
• Embrace emotion
• Question everything
• Don't live with regret
• Make time for reflection
Every December, Bezos rereads "The Remains of the Day" to remember:
• Move fast
• Think long-term
• Embrace emotion
• Question everything
• Don't live with regret
• Make time for reflection
These lessons shaped how I think about building my own digital business.
But here's what most people don't know:
I made my first $10,000 on the internet as a ghostwriter.
This ultimately helped me escape the Wall Street rat race.
But here's what most people don't know:
I made my first $10,000 on the internet as a ghostwriter.
This ultimately helped me escape the Wall Street rat race.
Want to build your own digital business through writing?
Become a Premium Ghostwriter in 5 steps here: x.premiumghostwritingblueprint.com/?el=dickie_aut…
Become a Premium Ghostwriter in 5 steps here: x.premiumghostwritingblueprint.com/?el=dickie_aut…
That's it!
Interviews where these snippets were taken from are here:
youtu.be/8vkLzMTRwBM?si…
youtu.be/jwG_qR6XmDQ?si…
Highly recommend picking up the book, too:
a.co/d/gMnd5lZ
Interviews where these snippets were taken from are here:
youtu.be/8vkLzMTRwBM?si…
youtu.be/jwG_qR6XmDQ?si…
Highly recommend picking up the book, too:
a.co/d/gMnd5lZ
Thanks for reading!
If you enjoyed this, follow @dickiebush for more posts on digital writing and digital businesses.
Then, I'd appreciate it if you jumped back to the top and reposted the first tweet to share it with others:
If you enjoyed this, follow @dickiebush for more posts on digital writing and digital businesses.
Then, I'd appreciate it if you jumped back to the top and reposted the first tweet to share it with others:
View Tweet
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