1.
Rejecting Harry Potter
What do you think happened to all the top editors that rejected this book?
6 points - added 3 months ago by TWeb -
[add comment]
2.
Jerry Yang's decision to walk away from Microsoft and $44.6 billion of Bill Gates' money
Comments:
Jerry Yang is CEO of Yahoo
Added 3 months ago by TWeb
3.
Coke didn't buy Pepsi
Way back in the beginning...because Pepsi would never be competitive.
1 point - added 3 months ago by TWeb -
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4.
The makers of M & M's not allowing the use of their candy in the movie ET
Reese’s Pieces sales exploded, tripling within two weeks and continued climbing.
1 point - added 3 months ago by TWeb -
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5.
Henry Ford assuming that the Model T would be the only car Ford would ever need to sell
1 point - added 3 months ago by TWeb -
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6.
Ross Perot refusing to buy out Microsoft in 1979 for $6 - $15 million
0 points - added 3 months ago by TWeb -
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7.
ABC-TV turning down “The Cosby Show” saying the show “lacked bite and that viewers wouldn’t watch an unrealistic portrayal of blacks as wealthy, well-educated professionals”
0 points - added 3 months ago by TWeb -
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8.
William Orton, president of the Western Union Telegraph Company calling the telephone an “electrical toy” and turning down inventor Alexander Graham Bell
0 points - added 3 months ago by TWeb -
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9.
20th Century Fox selling the syndication rights to M*A*S*H for peanuts
0 points - added 3 months ago by TWeb -
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10.
The decision by Decca Records not to sign The Beatles
Because they sounded too much like a popular group called The Shadows
0 points - added 3 months ago by TWeb -
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11.
W.T Grant variety store utilized negative incentive pressure on store managers to issue credit.
To escape humiliation (pushing peanuts across the floor with their noses!) store managers gave credit to thousands of customers who were bad risks. W.T. Grant racked up $800 million worth of bad debts before it finally collapsed in 1977.
-1 point - added 3 months ago by TWeb -
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12.
San Francisco Chronicle would pay $500 for the Watergate story
They said no interest on the west coast.
-1 point - added 3 months ago by TWeb -
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13.
Schlitz Beer decision to cut quality and go for quantity
Out of business within a few years and sold. From number one, to done.
-1 point - added 3 months ago by TWeb -
[add comment]
14.
"Drill for oil? You mean drill into the ground to try and find oil? You're crazy."
Said Drillers whom Edwin L. Drake tried to enlist in his project to drill for oil in 1859
-1 point - added 3 months ago by TWeb -
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15.
"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?"
David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s
-1 point - added 3 months ago by TWeb -
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16.
"No flying machine will ever fly from New York to Paris."
Orville Wright
-1 point - added 3 months ago by TWeb -
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17.
"Airplanes are interesting toys but of no military value."
Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre.
-1 point - added 3 months ago by TWeb -
[add comment]
18.
Apple 'shakes the baby'
Comments:
Not a biggy when compared with the above...but it just shows that you need to be thinking at all times and not rush to market with things.
Added 3 months ago by TWeb
19.
New Coke
losing out to rival Pepsi , Coke introduced New Coke. Millions of Americans hated New Coke and switched to Pepsi.
-1 point - added 3 months ago by TWeb -
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