Career Transition: Bezos Minimization Framework…

The first step towards getting somewhere is to decide that you are not going to stay where you are.

J.P. Morgan

The Regret Minimization Framework is a simple mental model to minimize the number of regrets in the long run. Jeff Bezos after a conversation with his boss asked himself what he would regret more when he was 80 years old: Trying to build something he had strong conviction in and failing, or failing to give it a try? He realized that not trying would haunt him every day (Utkarsh Amitabh HBR).

Walking away from a great job is not an easy decision. I know that because I did it. I walked away from a great career in the pharmaceutical industry. Naturally, this decision came with it’s fair share of ups and downs but when you decide to make a decision based on purpose, all you need to do is weigh the consequences. Like Bezos did, he considered himself at age 80 and thought about it in the context of regret. If you know Amazon, then the rest is history.

As a Certified Professional Coach who specializes in career transitions and people management, I have help many leaders become clear on the next step in their career journey. It may not mean that you want to venture out into entrepreneurship. It might very well be that you want to shift into a new career in the same company or another. I reflect on a client who left his career in the financial industry to venture into a new career in social work. Hmmm, pretty drastic change, right? But the change proved satisfying.

So what’s your plan? What’s your purpose? What’s your passion? Can’t figure it out? Let’s connect.

Have a success story? Do share, we would love to hear.

Cheers!

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