Opportunities Lost: Valuable Lessons from Companies That Strayed

Author Anonymous

Three Cautionary Tales:

1. Nokia turned down Android.

2. Yahoo dismissed Google.

3. Kodak ignored digital cameras.

Key Takeaways:

1. Be willing to take risks.

2. Embrace change.

3. If you resist evolving with the times, you risk becoming obsolete.

Two Additional Stories:

1. Facebook acquired WhatsApp and Instagram.

2. Grab outperformed Uber in Southeast Asia.

Lessons Learned:

1. Become so influential that your competitors become collaborators.

2. Reach the top to eliminate rivals.

3. Continuously innovate.

Two More Stories:

1. Colonel Sanders established KFC at the age of 65.

2. Jack Ma, who was rejected by KFC, founded Alibaba and retired at 55.

Takeaways:

1. Age is just a number.

2. Only those who persist will achieve success.

Last but Not Least:

Lamborghini was born from the desire for revenge by a tractor manufacturer who felt insulted by Enzo Ferrari, the founder of Ferrari.

𝙇𝙚𝙨𝙨𝙤𝙣𝙨:

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