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Tribune Corporation, owner of The Chicago Tribune newspaper is still in bankruptcy. And its future relies entirely on how well it will serve the needs of on-line news readers.
In 2000 Apple relied on Mac sales. But now, it has 2 businesses that are as large as the computer business.
This is extremely true in IT, where product lifecycles are often very short
Motorola was once #1 in mobile phones. It had developed smartphones, but they were not part of the core product line.
Microsoft is too focused on its core business to do new things correctly.
Success Formulas are very powerful. And successful entrepreneurs often have them so locked-in that there’s no other consideration.
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