“In business, what’s dangerous is not to evolve.”

Simplified Meaning:

In the world of business, staying the same can be risky. Businesses need to change and adapt to new trends, technologies, and customer preferences to stay competitive. For instance, think about a popular mobile phone company. If they don't update their phones with new features and better technology, customers might switch to other brands that do. A good example from history is Kodak, a famous company that made cameras and film. Kodak was very successful, but when digital cameras became popular, they didn't change quickly enough. As a result, they lost a lot of customers and eventually went bankrupt. To apply this idea, businesses and individuals alike should always look for ways to improve and adapt to changes. This might mean learning new skills, trying new strategies, or keeping up with the latest developments in their field. By doing so, they can avoid becoming outdated and maintain their success.