“Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually miss the future”
— Larry Page
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Simplified Meaning:
Many businesses fail in the long run because they don't keep up with changes or future trends. Imagine a company that made typewriters but didn't switch to making computers when people started using them. This company would eventually go out of business because they weren't paying attention to new technology that everyone wanted. It's important for any business to look ahead and adapt to new ways of doing things. For example, a phone company has to keep up with new smartphone technology and customer needs, or they will fall behind competitors. People can apply this by always learning new skills and paying attention to changes in their field so they can stay relevant and successful.
Related tags
Adaptability Business Company growth Failure Foresight Future Innovation Long-term planning Strategy Success
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