“Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually miss the future”
— Larry Page
Simplified Meaning:
Many businesses fail because they don't think ahead and prepare for changes. Instead of staying the same, they need to look at new trends, technologies, and customer needs that will come up. Imagine a popular video store from years ago. They did well until people started watching movies online. The store didn't adapt and lost customers to streaming services like Netflix. If the store had anticipated this shift, they could have started an online service too. So, for a business to succeed, it must always be ready for what's next, not just focus on what works now. Being open to innovation and change can help avoid being left behind.
Related tags
Adaptability Business Company growth Failure Foresight Future Innovation Long-term planning Strategy SuccessFEATURED QUOTES