Intellectual Youth Organization
12/03/2016
29/02/2016
Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”
During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team, himself included, teared sadly.
Nokia has been a respectable company. They didn’t do anything wrong in their business, however, the world changed too fast. Their opponents were too powerful.
They missed out on learning, they missed out on changing, and thus they lost the opportunity at hand to make it big. Not only did they miss the opportunity to earn big money, they lost their chance of survival.
The message of this story is, if you don’t change, you shall be removed from the competition.
It’s not wrong if you don’t want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be eliminated.
Conclusion: The advantage you have yesterday, will be replaced by the trends of tomorrow. You don’t have to do anything wrong, as long as your competitors catch the wave and do it RIGHT, you can lose out and fail.
To change and improve yourself is giving yourself a second chance. To be forced by others to change, is like being discarded.
Those who refuse to learn & improve, will definitely one day become redundant & not relevant to the industry. They will learn the lesson in a hard & expensive way.
A successful entrepreneur never stops moving forward. Whether it’s self-education, keeping abreast of the latest tech trends, or pushing your business into high-gear, entrepreneurship is about motion.
Franklin D. Roosevelt once said, “there are many ways of moving forward, but only one way of standing still,” with that idea as our inspiration, this week we’re looking at ways to keep moving in the right direction.
The Highest Form of Flattery
Good entrepreneurs create, but great entrepreneurs copy! Well, ok maybe they do a bit of both. However, if something is working well for another business, there’s no reason not to take pointers and apply them to your own. That’s why we put together this list of 6 interface designs that you should imitate.
Steal the Spotlight
Publicity is one of the most important keys to entrepreneurial success. After all, what good is a great product or service if nobody knows about it? Getting good publicity on the other hand can prove to be a challenge. If you’re wondering what it takes to get written up in your favorite tech journals, check out this Geektime piece where journalists answer exactly that question.
Check Your Ledger
Accounting – it’s every freelancer’s biggest headache but it’s also an essential way of ensuring that you’re actually making a profit. We know that you’d rather be focusing on other things, and that can mean that good accounting gets pushed aside. However, doing your accounting right is essential for keeping your business afloat. With that in mind, here are five accounting tips for freelancers.
Hit the Books
One thing that successful entrepreneurs have in common it’s that they are always developing themselves and broadening their knowledge. Online classes are a great way for you to educate yourself, and by taking the classes that are most popular with business professionals you’re more likely to give yourself an edge in the competitive field of entrepreneurship. Check out Inc’s list of the top 10 online business classes and start studying.
What’s the most important thing you’ve done to keep yourself and your business moving forward? Tell us in the comments!
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