Why Businesses Die A Tragic Death.

A Kodak engineer constructed the first digital camera in 1975.They didn't want to go digital. They went bankrupt in 2012.

Here's the article on Kodak's first digital camera. Here is an incredible report on how Kodak died.

I used to believe in Kodak and bought their products right up until their digital video camera (The Playsport - it was waterproof!). It's so sad when management, the engineers, and most of the company (not all) stuck their heads in the sand and hoped for the best. Short term thinking at it's best.

Are you doing the same thing?

It's happening right now in music, publishing, newspapers, TV, movies, cars, etc. Keep your vision out 5-10 years - don't get caught and cry your never saw it coming.