Book Review: Invent and Wander
I am not usually a fan of biographies. The narcissist in me says there is no one better to learn from but myself. I have always hold in admiration for Jeff Bezos however, having interned for Amazon.com during my university years. Invent and Wander , written by the man himself, is a great summary of Bezos' philosophies on running his businesses -- namely Amazon, but also The Washington Post and Blue Origin. In particular, a few points caught my eye: Go long: Amazon.com is focused on the long term, and I mean really long term. Bezos even raised the eyebrows of his shareholders on numerous occasions by sacrificing short term profits for what he believed to be worthy long term investments (Marketplace, AWS, Amazon Prime) Focus on customers: F ocus on customers' needs, sometimes even before they know it. If you are obsessed with your customers instead of your competition, you will innovate much more. This was how voluntary price reductions and refunds came about. You wi