One Way Door and Two Way Door Decisions

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The concept of one way door and two way door decisions categorizes most decisions as two way doors, which can be easily reversed if wrong, and one way door decisions, which are consequential and difficult to reverse. One way door decisions require deliberate and careful consideration, with exploration of multiple ways to analyze the decision. It's important to slow down and thoroughly analyze one way door decisions, as they should be handled by senior executives to ensure the right decision is made. In contrast, two way door decisions should be made by individuals or small teams within the organization, without involving heavyweight decision-making processes.

Jeff Bezos is the founder of Amazon and Blue Origin.

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Transcript: https://lexfridman.com/jeff-bezos-transcript

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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:53) – Texas ranch and childhood
(12:31) – Space exploration and rocket engineering
(25:05) – Physics
(34:39) – New Glenn rocket
(1:17:28) – Lunar program
(1:27:24) – Amazon
(1:44:45) – Principles
(2:03:25) – Productivity
(2:14:03) – Future of humanity