Sep 9, 2026 · 30 min · 10 segments
What can the rise of Amazon teach us about taking risks, testing ideas, and building a business that lasts? In this episode, we sit down with **Steve Anderson**, author of the international…
Steve AndersonGuestAmosHostHmm, okay.
Uh, thanks so much for that.
So can you walk us through the four cycles which you named test, build, accelerate, and scale?

Well, the first principle is encourage successful failure, because Bezos thought that the way you get new ideas is you have to experiment.

And the idea of successful failure is that when you fail, what do you learn from it? And Amazon has failed a lot.

But we only really remember the successes, the new industry categories, the new products, the new services that they were able to develop.

And that's the, the play between inventing and innovating is a-- There's a tension there, what I call an exquisite tension.

Because innovation is taking and improving something that's already existing.

But if all you do is innovate, you're going to innovate yourself out of the business because someone else, a competitor, somebody more nimble, is gonna come in and invent something completely new and different, and you're gonna be, uh, behind the eight ball, meaning you're going to have to try and then catch up.

So the way I think about it, experimentation allows you to invent, and once you invent, you can innovate.

Build then is taking the successes you have in that first cycle and literally building upon them.
Hmm, okay.
Uh, thanks so much for that.
So can you walk us through the four cycles which you named test, build, accelerate, and scale?

Well, the first principle is encourage successful failure, because Bezos thought that the way you get new ideas is you have to experiment.

And the idea of successful failure is that when you fail, what do you learn from it? And Amazon has failed a lot.

But we only really remember the successes, the new industry categories, the new products, the new services that they were able to develop.

And that's the, the play between inventing and innovating is a-- There's a tension there, what I call an exquisite tension.

Because innovation is taking and improving something that's already existing.

But if all you do is innovate, you're going to innovate yourself out of the business because someone else, a competitor, somebody more nimble, is gonna come in and invent something completely new and different, and you're gonna be, uh, behind the eight ball, meaning you're going to have to try and then catch up.

So the way I think about it, experimentation allows you to invent, and once you invent, you can innovate.

Build then is taking the successes you have in that first cycle and literally building upon them.
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