#405 – Jeff Bezos: Amazon and Blue Origin
Lex Fridman Podcast
00:00
One Way Doors and Two Way Doors in Decision Making
Decisions can be categorized into two types: two way doors and one way doors. Two way door decisions are easily reversible and can be experimented with, while one way door decisions are consequential and irreversible, requiring careful and deliberate consideration. It's crucial to thoroughly analyze one way door decisions and avoid applying a one size fits all decision making process to all types of decisions. Two way door decisions should be made by individuals or small teams, while one way door decisions should be escalated to senior executives for careful review and consideration.
Transcript
Play full episode
