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Entrepreneurs: Wisdom from Jeff Bezos

by Miki Saxon

Jeff Bezos holds kick-ass entrepreneur credentials.

First, he really did create something humongous from nothing.

Secondly, he didn’t patent every innovation, like one-click purchasing, that would have crippled all of ecommerce.

The following video is from 2009.

Here’s the money quote, or perhaps mantra is a better label.

“Invention requires a long-term willingness to be misunderstood. You do something that you genuinely believe in, that you have conviction about, but for a long period of time well-meaning people may criticize that effort, and when you receive criticism from well-meaning people it pays to say — first of all, search yourself — are they right? And if they are you need to adapt what you’re doing. If they’re not right, if you really have conviction that they’re not right then you need to have that long term willingness to be misunderstood.” 

But it’s his recommendation that you need to honestly explore the possibility that the nay-sayers may be correct and you need to adapt that is most important.

Thanks to Business Insider for reincarnating this information.

YouTube credit: AspenInstitute

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