Daily Motivations - Find Your Passion

Episode Date: March 12, 2022

Speech: Jeff Bezos Kindly follow us on Instagram - @daily_motivationsorg     Facebook- @daily_motivationsorg Interested in sponsoring this show reach out to us via [e-mail] Kindly Support Us Below to sustain future episodes. Support the Show.

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Please play responsibly. If you have questions or concerns about gambling or someone close to you, please contact Connex Ontario at 1-866-531-2600 to speak to an advisor free of charge. BidMGM operates pursuant to an operating agreement with iGaming Ontario. Welcome to Daily Motivation, where you get motivated and inspired. You guys will find that you have passions, and having a passion is a gift. I think we all have passions, and you don't get to choose them. They pick you, but you have to be alert to them. You have to be looking for them. And when you find your passion, it's a

fantastic gift for you because it gives you direction. It gives you purpose. You can have a job or you can have a career or you can have a calling. And the best thing is to have a calling. And if you find your passion, you'll have that and all your work won't feel like work to you many many kids and many grown-ups do figure out over time what their passions are and sometimes we let our I don't think it's that hard I think what happens though sometimes is that we let our intellectual selves overrule those passions And so that's what needs to be guarded against. My job, one of my jobs as the leader of Amazon, is to encourage people to be bold.

And people love to focus on things that aren't yet working. And that's good. It's human nature. That kind of divine discontent can be very helpful. But you really, you know, it's incredibly hard to get people to take bold bets. And you need to encourage that. And if you're going to take bold bets, there are going to be experiments. And if there are experiments, you don't know ahead of time whether they're going to work.

Experiments are by their very nature prone to failure. But big successes, a few big successes compensate for dozens and dozens of things that didn't work. So, you know, Bold Bets, AWS, Kindle, Amazon Prime, our third-party seller business, all of those things are examples of Bold Bets that did work. And they pay for a lot of experiments. I've made billions of dollars of failures at Amazon.com. Literally billions of dollars of failures.

And you might remember pets.com or Cosmo or I can give myself a root canal with no anesthesia very easily. None of those things are fun, but they also, they don't matter. What really matters is companies that don't continue to experiment, companies that don't embrace failure, they eventually get in the desperate position where the only thing they can do is make a kind of hail Mary bet at the very end of their corporate existence. Whereas companies that are, you know, making bets all along, even, you know, big bets,

but not bet the company bets. I don't believe in bet the company bets. That's when you're desperate. That's the last thing you can do. You can be out of work and have terrible work-life balance. You know, even though you've got all the time in the world, you could just feel like, oh my God, I'm miserable, and you would be draining energy. And so you have to find that harmony. It's a much better word. And I think for most people, it's about meaning.

People want to know that they're doing something interesting and useful. And for us, because of the challenges that we have chosen for ourselves, we get to work in the future. And it's super fun to work in the future for the right kind of person. You need to be nimble and robust. So you need to be able to take a punch and you also need to be quick and innovative and doing new things at a high speed. That's the best defense against the future. And you have to always be leaning into the future. If you're leaning away from the future, the future is going to win every time. Never,

ever, ever lean away from the future. We all have adversity in our lives. I doubt if you really, you know, if you know somebody, any friend or anybody that you talk to, there's no lack of adversity. And by the way, that's good because it's what teaches us how to get back up. You fall down, you get back up. It always happens. And, you know, you get certain gifts in life and you want to take advantage of those. But you, I guess my advice on adversity and success would be to be proud, not of your gifts, but of your hard work and your choices. So, you know, you may be, the kinds of gifts you get, like, you know, you might be really good at math. It might be really easy for you. That's a kind of gift. But practicing that math and taking it to the next step, that could be very challenging and hard and take a lot of sweat. That's a choice. You can't really be proud of your gifts because they were given to you. You can be grateful for them and thankful for them.

But your choices, you choose to work hard. You choose to do hard things. Those are choices that you can be proud of. Being an inventor requires, because the world is so complicated, you have to be a domain expert. I mean, in a way, even if you're not at the beginning, you have to learn, learn, learn, learn, learn enough so that you become a domain expert. But the danger is once

you become a domain expert, you can be trapped by that knowledge. And so inventors have this paradoxical ability to have that, you know, 10,000 hours of practice and be a real domain expert and have that beginner's mind, have that, that look at it freshly, even though they know so much about the domain. And that's the key to inventing. You have to have both. And I think that is intentional. I think all of us have that inside of us and we can all do it, but you have to be intentional about it. You have to say, yeah, I am going to become an expert and I'm going to keep my beginner's mind. You can't skip steps. You have to put one foot in front of the other. Things take time. There are no shortcuts. but you want to do those steps with passion and ferocity.

It's easy to have ideas. It's very hard to turn an idea into a successful product. There are a lot of steps in between, and it takes persistence, relentlessness. So I always tell people who think they want to be entrepreneurs, you need a combination of stubborn relentlessness and flexibility. And you have to know when to be which. And basically, you need to be stubborn on your vision because otherwise it will be too easy to give up. But you need to be very flexible on the details. Because as you go along pursuing your vision, you'll find that some of your preconceptions

were wrong. And you're going to need to be able to change those things. So I think taking an idea successfully all the way to the market and turning it into a real product that people care about and that really improves people's lives is a lot of hard work. Don't try to chase what is kind of the hot passion of the day. I think we actually saw this, I think you see it all over the place in many different contexts but I think we saw it in the internet world quite a bit where at the sort of peak of the internet mania in say 1999,

you found people who were very passionate about something and they kind of left that job and decided I'm going to do something in the internet because it's almost like the 1849 gold rush in a way. I mean, you find that people, if you go back and study the history of the 1849 gold rush in a way. I mean, you find that people, if you go back and study the history of the 1849 gold rush, you find that, you know, at that time, everybody who was within the shouting distance of California was, you know, they might have been a doctor, but they quit being a doctor

and they started panning for gold. And that almost never works. And even if it does work, you know, according to some metric, financial success or whatever it might be, I suspect it leaves you ultimately unsatisfied. So you really need to be very clear with yourself. And I think one of the best ways to do that is this notion of projecting yourself forward to age 80, looking back on your life and trying to make sure you've minimized the number of regrets you have. That works for career decisions. It works for family decisions.

I have a 14-month-old son, and it's very easy for me to, if I think about myself when I'm 80, I know I want to watch that little guy grow up. And so I don't want to be 80 and think, shoot, you know, I missed that whole thing. And I don't have the kind of relationship with my son that I wished I had and so on and so on. So if you think about that, so I guess another thing that I would recommend to people is that they always take a long-term point of view. And I think this is

something about which there's a lot of controversy. You know's a there's a you know something a lot of people and I'm just not one of them believe that you should live for the now I think what you do is you think about the the great expanse of time ahead of you and try to make sure that you're planning for that in a way that's going to leave you ultimately satisfied so this is just my, this is the way it works for me. And I mean, this is, everybody needs to find that for themselves. So I think there are a lot of paths to satisfaction and you need to find one that works, works for listening. Kindly support the movement of this podcast by supporting us or subscribing to our premium content for more exclusive stuff.

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