Beyond Ordinary Podcast

How to Build an Empire Like Amazon | Steve Anderson

Myles Season 1 Episode 52

Steve Anderson, author of The Bezos Letters, breaks down Amazon’s key principles, including the ‘Day One’ mindset, the Flywheel effect, and why customer obsession is the ultimate strategy. Learn how to measure risk vs. reward, build an ownership-driven culture, and avoid the biggest mistake companies make trying to copy Amazon. If you’re serious about scaling your business, this episode is a must-watch! 🚀

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Guest Socials:
https://www.linkedin.com/in/stevetn/
www.thebezosletters.com

Chapters:

00:00 - Intro
00:43 - The Business Principles EVERY Entrepreneur Must Know! 💡
04:54 - The ‘Day One’ Mindset: Think Like Bezos! 🔥
12:13 - The NEXT Big Trend: Are You Ready? 📈
15:20 - Measuring Risk vs. Reward Like a Pro ⚖️
20:47 - Amazon’s Hiring SECRET: What They Look For 👀
25:47 - How to Build an Ownership-Driven Culture 🏆
28:59 - The Flywheel Concept EXPLAINED! 🔄
35:34 - The Truth About Amazon FBA (What You Need to Know) 🛒
37:22 - Why Long-Term Thinking Separates Winners from Losers ⏳
40:11 - Why Jeff Bezos’ Letters Hold the Key to Success 📜
44:41 - The BIGGEST Mistake Companies Make Copying Amazon ❌
46:28 - If You Could Add One Principle, What Would It Be? 🤔
51:19 - Customer Obsession: What is It? 🤷
51:56 - Final Takeaway: Believe It’s ALWAYS Day One! 🔄

DISCLAIMER: I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in this audio are for educational purposes only. You must do your own research and make the best choice for you.  Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. If you need advice, please contact a qualified CPA, CFP, an attorne