Wednesday, 04 March 2020 05:12

A Harvard student told Jeff Bezos something no CEO wants to hear. Worse was the way he said it

Rate this item
(0 votes)

Sometimes, it's not what people say about your business that matters but how they say it. And then how you react.

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. 

I've met quite a few Harvard graduates over the years.

I've heard it said they can be a touch self-regarding. My own impression is that some, at least, can instinctively regard others with a casual disdain.

No, of course I'm not specifically referring to Facebook CEO Mark Zuckerberg here. He didn't graduate.

A recent conversation with a Harvard graduate, however, drew me to a story about Amazon CEO Jeff Bezos.

Bezos went to lowly Princeton. In 1997, however, he gave a little talk to some Harvard graduate business students about his online store known as Amazon.

As Brad Stone's book The Everything Store: Jeff Bezos and the Age of Amazonrelates, the large-brained students began to chat among themselves as if Bezos weren't there.

Then, one of the fine Harvardians told Bezos

You seem like a really nice guy, so don't take this the wrong way, but you really need to sell to Barnes & Noble and get out now.

Naturally, many will chuckle at the realization that Amazon's position is a touch more secure than Barnes & Noble's these days.

But there's one profound lesson here and one that's truly glorious.

When you have a business based on a vision of the future, rather than the present, understand that the majority of your critics will likely be looking from the perspective of the present.

They see now and they have a certain belief how now will influence the future.

Sometimes, though, now will be rendered swiftly irrelevant by a fast-moving future. And the future we're currently living in has moved at far too fast a pace for many people's liking.

Ignore, then -- as Bezos surely did -- anyone who criticizes your business using a framework of the right now. (Barnes & Noble is much bigger, so duh...)

Here's the more glorious lesson. It comes from the words this graduate student used: 

You seem like a really nice guy, so don't take this the wrong way...

If a potential investor -- or even a self-confident critic -- patronizes you by telling you that you seem like a nice guy/woman/person, understand that they are piffleheads. And, preferably, avoid them in the future.

It's easy to feel hurt by such words. But they say everything about the speaker and nothing about you.

The speaker is merely judging you to be inferior and crudely attempting to let you down "gently." They're not giving you anything useful. And by adding "don't take this the wrong way," they're merely telling you how they want you to react -- passively.

Of course, many have debated whether Bezos is, indeed, a really nice guy. He can often seem like a touchingly heartless, ruthless billionaire.

I suspect, though, that in the pre-muscular days of 1997, he was so nerdy that he may not have dwelled too long on the Harvard student's bloviation. That was the year Amazon went public, so Bezos was likely busy preparing investors for prolonged losses.

No, not everyone will end up being Jeff Bezos. I wonder, though, whether he ever pauses to think what became of that graduate student.

What are the chances he's currently working for, I don't know, a bank? And what are the chances he seems like a really nice guy?

 

Inc

May 02, 2024

Investors on NGX lose N3.57trn on sustained stock sell off in pursuit of higher yields…

In April, the NGX All-Share Index witnessed a significant downturn, shedding N3.57 trillion in market…
May 01, 2024

Overwhelming majority of Nigerians have lost confidence in INEC, survey reveals

Yiaga Africa, a prominent election observation group, reveals in its latest report that only 23…
April 27, 2024

Adults are sharing the things they are no longer interested in now that they're older

It's natural for our preferences to change as we get older. So when asked, "What…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
May 01, 2024

Gunmen abduct 4 residents in fresh attack on Abuja community

Gunmen struck the Bmuko Community in the Dutse Baupma area of the Bwari Area Council,…
May 02, 2024

What to know after Day 798 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Russia hits Ukrainian military HQ – MOD Russia has carried out a strike…
May 01, 2024

Wellspring Consulting proposes cybersecurity investment to boost Nigeria's economy

In a bid to rescue Nigeria from its economic challenges, Wellspring Consulting advocates for significant…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.