Biggest Learning from 5 Minutes I Spent with Jeff Bezos

A Powerful Insight From My Fan Moment With Jeff Bezos

Sources — Photo by Hello I’m Nik on Unsplash

A few years ago, I had a chance to Interact with Jeff Bezos during a business review for a portfolio I was leading for India.

We were speaking about how we could grow the business further in India. This Aha moment happened when Jeff shared about the Amazon Flywheel, which continues to be relevant even after 2 decades.

Source — Uploaded on About Amazon

Amazon Flywheel is a virtuous cycle where more Sellers lead to more Selection, which leads to better Customer Experience, which drives greater Traffic to Amazon. Also, as the base grows, it leads to a lower cost structure for the company, leading to lower prices, which enhances the customer experience and again powers the flywheel.

I have distilled here my Learnings from Amazon & how Leaders can leverage them to Skyrocket their business.

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