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He noted that it is common for people to overestimate risks while underestimating the potential opportunities. To counteract this tendency, Bezos advised entrepreneurs to recognize that the risks they perceive might not be as significant as they seem, and the opportunities before them could be more substantial than they anticipate.
“You say it’s confidence, but maybe I’m just accepting that human bias and trying to compensate against it,” Bezos explained while speaking at the New York Times DealBook Summit last week.
He further emphasised the importance of thinking big, stating, “The second thing I would point out is that thinking small is a self-fulfilling prophecy.”
According to Jeff Bezos, if a person believes they can only achieve small things, their actions will inevitably align with that belief, preventing them from reaching their full potential. Read more »
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