If you keep on doing what you’ve always done, you will keep getting what you’ve always got. (Tony Robbins)
In the year 2000 a man wheedled his way into a meeting with John Antioco, the CEO of Blockbuster, and proposed a partnership to manage Blockbuster’s fledging online business. The CEO declined an offer to purchase the newer company for 50 million dollars. John laughed him out of the room, saying that he had millions of existing customers and thousands of successful retail stores. The other man was Reed Hastings, the CEO of Netflix. In 2018 Netflix turned out a profit of 15.8 Billion Dollars while Blockbuster filed for bankruptcy in 2010 exactly ten years after that meeting. The CEO of Blockbuster was so focussed on exploiting his current success, he could not see around the next corner. In that way his previous success became the enemy of his future success and ability to change and adapt to new trends and technology.
A similar scenario played out with the Blackberry and iphone. BlackBerry’s global market share was around 50% in 2009 but collapsed to less than 3% by 2013. At its peak in 2008, the company that invented the smart phone had a stock market value of $55bn. By 2013 it was worth just $6bn. BlackBerry executives continued to believe the consumer research that nobody wanted Apple’s iPhone with its ‘many shortcomings’. They made no effort to improve their technology; failed to change and ended up going out of business.
Your life doesn’t get better by chance, it gets better by change. (Jim Rohn)
At 211o F water is hot. At 212 o F it boils. Boiling water produces steam, and steam can actually power a locomotive. Raising the temperature of water by merely one degree means the difference between something being extremely hot and something generating enough force to power a massive machine. One small change in your life could produce tremendous results. According to Jim Rohn, nothing will change, unless you change. For things to change, you’ve got to change. To change my life, I need to change. You can have more than you have because you can become more than you are. Unless you change how you are, you’ll always have what you’ve got.
When we are no longer able to change a situation, we are challenged to change ourselves. (Victor Frankl)
Author: Yomi is a wordsmith, passionate about books, reading, education, healing and health. She has appeared several times on television and radio; speaking about her passion. She has Master’s degree in Medical Immunology from the College of Medicine, University of London and worked at a postgraduate college of medicine in London for over a decade before pursuing her passion for writing. She is the author of four books.