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business advice

Jeff Bezos’ three rules

Ian McAllister, a long-time Amazonian, writes about the three rules that Jeff Bezos’ uses to invest in a new business at Amazon.

I’ve used similar decision matrices myself and it’s interesting to see the simplicity and clarity of the method Bezos uses.

They are: 1) is it a big idea, 2) is it congruent with the business, and 3) is there a plan to succeed.

More here.