Juvto's Desk: 5 PEOPLE WHO LOST GOOD OPPORTUNITIES

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Saturday 23 February 2019

5 PEOPLE WHO LOST GOOD OPPORTUNITIES






  You know the famous picture of the man digging for gold who gave up when he was just one more hit to finding his gold? Imagine how he would feel if he ever got to see the picture of himself, the wall and the gold. If you thinking losing hurts, try almost winning. Here is a short list of people who allllmost secured the bag.

●Nolan Bushnell:

Well, he might sound familiar or not, but had he taken the deal years back, he definitely would be sounding familiar today. Nolan Bushnell was Steve Jobs’ first boss. Now, when Jobs launched his apple business initially, he went to Nolan for capital. In fact, he offered to give his boss the sum of 50,000 dollars and a whooping one-third of the company (now just take a moment to imagine yourself owning one-third of apple, for just donating capital…snap out of it, this is reality). Well, Nolan Bushnell turned down Steve Jobs’ offer and Steve Jobs went on to find another means. Today, I guess you know who had regrets.

●Excite:

You may not be familiar with this name now, but sometime in the 90’s, Excite was one of the flourishing internet companies. A time came when the company was about crashing down, and well some kids with a start up business called Google came to the CEO of Excite, George Bell and offered him the start up idea for a 1 million dollar price. George Bell turned down the offer even when it was beat down to 750,000 dollars. In 2001, Excite company filed for bankruptcy and crashed, and Google? Google is a story for another day.

●Blockbuster:

There was a time when blockbuster was the great king of entertainment, in fact it was the only king of entertainment. Then came Netflix a company struggling to barely keep up. The CEO of Netflix offered to sell his company to blockbuster for 50,000,000 dollars and was embarrassingly turned down by the CEO of blockbuster who felt the offer was just not worth it. Today, Netfix is worth more than 70 billion dollars and people have way stopped renting DVD’s carefully putting blockbuster out of business.

See also; 5 DOCTORS WHO MADE HORRIBLE MISTAKES
             

●Kodak camera:

Remember Kodak? The one time best camera films. They were doing very well and one of the Kodak engineers Steven Sasson in 1975 developed a concept for digital cameras. He shared his idea with his employers expecting an exciting acceptance but was instead turned down. The employers buried the idea hoping it would never emerge again lest it sink their own business. One way or the other, digital cameras still found its way into limelight and almost made Kodak run into bankruptcy. Today, digital cameras are in charge. Imagine if they had taken the idea in 1975, should have been a multi- billion company.

●THE 15 Publishers:

Bloomsbury publishing company still records the publishing of JK Rowling’s Harry Potter as their best decision ever. Before them, JK Rowling was turned down by about 15 publishers who thought it would be a waste as the book would not be a success. Today, the Harry Porter franchise is worth billions of dollars and Bloomsbury is still smiling.

See also; 5 MISTAKES THAT LED TO AN INVENTION

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