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Why Did Jeff Bezos Ship the Fire Phone?

Ethan Evans says Jeff Bezos fell into the flaw of every great man. He had been right so often that he started to believe his vision was perfect, and that is what produced the Fire Phone. The hardware thrown in a dumpster was a $170 million write-off, before the opportunity cost.

Everyone was trying to tell him the Fire Phone was not a good product. Evans compares that to telling a new father the baby is ugly. It is not a message you can deliver effectively. The hard part is that Bezos had already shipped products people said would fail, and those products worked. This time everybody else was right, and Jeff was not. Evans does not know how a leader fixes that.

Transcript

Ex-Amazon VP tells us what it’s really like working with Jeff Bezos ·

My First Million

More from this episode

  1. Why Did Jeff Bezos Only Give Criticism?Ethan Evans says Jeff Bezos was not mean, but he was demanding, and he almost never said anything good. He would hear an idea and name the three things to fix.
  2. Why Did Jeff Bezos Call a Team the B Team?Ethan Evans says Jeff Bezos once stopped a meeting and asked whether the A team for the project was available, because the people in the room were clearly the…
  3. Why Did Jeff Bezos Trust Anecdotes Over Data?Ethan Evans says Jeff Bezos kept his Amazon email open to the world.
  4. Why Did Jeff Bezos Send Question Mark Emails?Ethan Evans says a question mark email was how Jeff Bezos scaled customer obsession when he was too busy to investigate every complaint.
  5. What Does Strategically Patient Mean to Jeff Bezos?Ethan Evans says "strategically patient, tactically impatient" was a Jeff Bezos idea. Important things take a long time.
  6. Why Do High Performers Feel Bad at Amazon?Ethan Evans says Amazon talked about the hours in euphemisms. Jeff Bezos's line was that he did not like "work-life balance." He preferred "work-life harmony."
  7. How Much Did Ethan Evans Make at Amazon?Ethan Evans says his target pay in his last year at Amazon was $900,000. The stock usually did better than the target, so he tended to make a low $1 million.
  8. Did Jeff Bezos Want Amazon to Become a Bank?Ethan Evans says Jeff Bezos always declined pitches to turn Amazon into a bank. People kept pitching finance because Bezos came from D. E.
  9. Who Invented Amazon Prime?Ethan Evans says two people claim Amazon Prime. Charlie Ward, then a principal engineer and later a VP, says he invented it.
  10. Why Does Amazon's Website Look Ugly?Sam Parr uses Amazon as the example of bad design beating good design. A fashionable designer thinks good design means colors and a flat layout.
  11. Who Did Jeff Bezos Quote About the Stock Market?Ethan Evans says the person Jeff Bezos quoted a lot was Benjamin Graham, the investor Warren Buffett also follows.

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