How Jeff Bezos' Theory Helped This Oberoi Exec Quit Job And Follow His Passion

Jeff Bezos’s regret minimisation approach helped Kapil Chopra, former President of Oberoi Group to quit and start his ventures EazyDiner and Postcard Hotel

What Happened: In an interview at The BarberShop With Shantanu, Chopra revealed the final decision to quit the Oberoi Group was made after reading Jeff Bezos' regret minimization theory. "I read Jeff Bezos's regret minimization theory and I said, I've never had the money. I started from nowhere and reached here. Let's play this game and I will minimize my regrets", the Hotelier said.

Bezos came up with the regret minimization theory when he made his decision to quit the Hedge Fund D.E. Shaw and start Amazon. Bezos wanted to avoid the regret of not pursuing his passion despite the huge risks and possibility of failure. 

See Also: IIT Mumbai Graduate From Hyderabad Who Made Samosas Before Studying Under Streetlights Is Now A Silicon Valley Star

The hotelier was speaking about his time when he quit the Oberoi Group in 2018 and joined EazyDiner officially. He added that if he was looking back at his life he could say "I really tried building a brand and failed. No problem. But I will not hesitate". He said the only thing he needed to make sure was that the decisions didn't affect his family.

In 2023, EazyDiner raised ₹40 crore in a fresh round of funding from Sparkle Fund, a venture capital arm of DMI Alternatives. It is currently said to be worth around ₹290 crore.

The entrepreneur also revealed he started EazyDiner while he was working at Oberoi Group as president in 2014. He was the non-executive chairman of the company and was not operationally involved with the company til 2018 when he formally quit Oberoi. 

Read next: How This Man Who Scored 39% In Boards Made It To IIT And A Top Engineering Role In Sweden

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