In short, Jeff Bezos is the “Babe Ruth of Entrepreneurs.” After all, it’s apparent how Bezos thinks about business mirro

“And I knew that when I was 80, I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed, I wouldn’t regret that.

As Bezos noted, for years he struggled to get his fledgling start-up off the ground. From being jeered at by friends and family — for quitting a secure and good-paying job — to the seeming absurdity of staking it all on some online bookstore, Bezos endured being “misunderstood for long periods of time.”

Armed with the Socratic method, the following insight becomes apparent: the word entrepreneur means “anyone operating a business that willingly embraces extraordinary financial risks in hopes of gaining extraordinary rewards.”

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do when I am starting a movie, when I’m writing a movie or when I have an idea for a film; is, I go through my record collection and just start playing songs, trying to find the personality of the movie, find the spirit of the movie. Then ‘boom’, eventually I’ll hit one, two or three songs or one song in particular, oh this will be a great opening credit song.” — Quentin Tarantino

“Life can only be understood backwards,” said Kierkegaard, “but it must be lived forwards.” For this reason, when viewed thru the perfected lens of hindsight, each “setback” shows itself to have moved us to a road that initially appeared worse, yet ultimately led to an even better destination. In short, it’s apparent Bezos fully embraces being misunderstood, so far as the end justifies the means.

In the interview — enter view — conducted by the Academy of Achievement, Bezos discusses his “regret minimization framework.” As for how Bezos thinks about this go-to framework, as he notes:

It’s not by accident that no one has ever become great by accident! For this reason, it has long been suggested — success leaves clues. And so, just as Michael Jordan called his repeated failures the key that ultimately unlocked success, Bezos — the “Jordan of Business” — echoed such sentiments:

The greater the risk, the greater the reward, goes the saying. For this reason, Bezos embodies the spirit of a true entrepreneur. Here lies the key insight into knowing how Jeff Bezos thinks, not what he thinks. And the DNA of how he thinks boils down to this: if you’re not willing to risk it all on your own entrepreneurial dream, then who else will?

It’s apparent the reason Bezos towers above all his competitors is for the very same reason Babe Ruth once towered over the plate. Whereas baseball players before Ruth embraced Ty Cobb’s model of merely swinging for base hits, not Ruth! “Never let the fear of striking out get in your way,” said Ruth, while swinging for the fences.

As a company grows, everything needs to scale, including the size of your failed experiments. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle.

According to Business Insider’s Eugene Kim’s report, Bezos “says nine times out of ten, you’re going to fail. But every once in a while, you’ll hit a home run that in business terms is more like 1,000 runs. ‘Given a ten percent chance of a 100 times payoff, you should take that bet every time,’ Bezos says.”

It has long been suggested the line that separates genius from insanity is fine indeed. For this reason, only one thing distinguishes the “genius” from the madman, and that one thing is a word called — SUCCESS.

In short, Jeff Bezos is the “Babe Ruth of Entrepreneurs.” After all, it’s apparent how Bezos thinks about business mirrors the same logical fashion as to how Ruth thought about baseball.

Find out which business you’re good at and you’ll then know which business you’re good for, which can only lead to good business decisions! In short, if you chase money, you’ll never catch it; but if you chase passion, the money will chase you.

Because success leaves clues, one need not be Sherlock Holmes to detect the following theme. Of the famed Big Four: Jobs dropped out of college (initially considered a failure), Zuckerberg dropped out of college (initially considered a failure), Page dropped out of college (initially considered a failure), and Bezos quit his lucrative job (initially considered a failure).