26 April 2013

The standard outcome with disruptive technology

the standard outcome with disruptive technology is failure--

Charlie Munger's Thoughts on Just About Everything: "Bill Gates has said that the standard outcome with disruptive technology is failure. That's what happens most of the time. There are good examples of this. IBM  dominated big computers but failed with small ones. Eastman Kodak used to be the ultimate high-tech company. Now look at it."


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The 7 Habits of Highly Effective Mediocre Entrepreneurs | TechCrunch: " . . . . persistence is not the self-help cliche “Keep going until you hit the finish line!”. The key slogan is, “Keep failing until you accidentally no longer fail.” That’s persistence." - James Altucher

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