Leadership Style-“Regret Minimalization Framework” A guy came across an incredulous statistic in 1994. The worldwide web was growing at 2300%. He wanted to get on board that rocket. He wanted to start his own online retail store. But there was one problem. He was already working in a hedge fund that paid him handsomely. Should he stay in his well-paying job or launch a company that has a failure rate of 90%? He used a mental model to make the decision. That model is called the regret minimization framework. Just imagine you are 80 years old. When you are 80, what would you regret the most? Is it staying at your stable job or giving a shot at this online thing? The answer was clear. He quit his job and launched his online store. That online store is called Amazon and that guy is Jeff Bezos. I came across this story while reading about Jeff...