Joys of Compounding Chapter 4: Harnessing the Power of Passion & Focus through Deliberate Practice

For the past thirty-three years, I have looked in the mirror every morning and asked myself: ‘If today were the last day of my life, would I want to do what I am about to do today?’ And whenever the answer has been no for too many days in a row, I know I need to change something. — Steve Jobs

The framework I found, which made the decision [starting Amazon] incredibly easy, was what I called — a “regret minimization framework.”

So I wanted to project myself forward to age 80 and say, “Okay, now I’m looking back on my life. I want to have minimized the number of regrets I have.”

I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not ever having tried.

I knew that that would haunt me every day, and so, when I thought about it that way it was an incredibly easy decision.

- Jeff Bezo

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