Day One (Bezos’s long-term philosophy)

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Day One is Jeff Bezos’s guiding long-term philosophy that emphasizes maintaining a startup-like mindset of customer obsession, innovation, and urgency regardless of a company’s size or age.

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Statements (48)

Predicate Object
instanceOf business philosophy
leadership principle
management philosophy
appliedTo Amazon’s approach to new markets
decision-making at Amazon
product development at Amazon
articulatedIn Jeff Bezos’s annual letters to Amazon shareholders
associatedWith Amazon NERFINISHED
contrastsWith short-termism in business
coreConcept avoidance of complacency
bias for action
continuous innovation
customer obsession
experimentation
focus on customers over competitors
high standards
long-term thinking
maintaining a startup-like mindset
ownership mentality
sense of urgency
willingness to fail
creator Jeff Bezos NERFINISHED
describedAs a way to keep a company forever at the beginning of its potential
emphasizes building for the long term even at the expense of short-term profits
data-informed but bold decisions
maintaining entrepreneurial energy at scale
making decisions with a long time horizon
rapid decision-making
resisting bureaucracy
staying close to customers
goal maximize customer value over the long term
prevent corporate stagnation
sustain long-term growth
influences Amazon’s approach to new businesses
Amazon’s corporate culture
Amazon’s investment decisions
Amazon’s leadership principles NERFINISHED
mottoAtAmazon “It’s still Day 1”
notableDocument 2016 Amazon shareholder letter
opposesConcept Day Two (stasis and decline)
phraseUsedBy Jeff Bezos in public talks and interviews
relatedConcept bias for action (Amazon leadership principle) NERFINISHED
customer obsession (Amazon leadership principle) NERFINISHED
invent and simplify (Amazon leadership principle) NERFINISHED
think big (Amazon leadership principle) NERFINISHED
symbolizedBy the name of Amazon’s later “Day 1” tower in Seattle
the name of Amazon’s original headquarters building “Day 1”
timePerspective long-term orientation

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Day 1 Families Fund namedAfter Day One (Bezos’s long-term philosophy)