The Regret Minimization Framework: How Jeff Bezos Makes Decisions

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 15 August 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we discuss Jeff Bezos' most famous mental model for decision making: The Regret Minimization Framework. Use this as a tool when making tough decisions in life and business. For Frameworks, Freedom Tips, and Millionaire Financial Breakdowns - Subscribe to our 5 Minute Weekly Newsletter (Thursday 10 AM EST) https://brianluebben.com/newsletter @brianluebben @actionacademypodcast https://brianluebben.com Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate &...

Transcript

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0:00.0	Today we are going to discuss the exact mental model and framework that Jeff Bezos used to not only begin Amazon, but what he actively uses in his life today to minimize his regrets.
0:12.6	And that, ladies and gentlemen, is why the framework is so aptly named the regret minimization framework.
0:18.6	Let's get to it.
0:20.8	Welcome to the Action Academy podcast.
0:24.8	Stand back while I celebrate freedom.
0:27.1	The show where we help you achieve financial independence with the mindsets, methods,
0:33.1	and actionable steps from guests who've already earned their freedom.
0:37.6	The flags of freedom fly.
0:40.7	Choose to do what you want.
0:42.9	What you want.
0:43.8	With who you want.
0:44.7	With who you want.
0:45.9	When you want.
0:46.8	When you want.
0:48.0	With another episode today.
0:50.6	Now, here's your host, Brian Lubin.
0:57.3	Good morning, ladies and gentlemen. Welcome back to another episode of the Action Academy
1:02.4	podcast. I am, as always, your host, Brian Lubin. Happy, happy Monday. Let's get to some mental
1:09.5	models and frameworks that will hopefully change
1:11.8	your day in life for the better. First and foremost, what is a mental model? A mental model
1:17.0	is going to be a subconscious framework that you're able to use as almost a lens to view
1:23.2	decision making through because decision making is a highly emotional process and you need
	...

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