Don't Worry if Your Initial Business Products are Utter Failures

Yeah, Apple's sexy. I mean, when was the last time it failed at something? From the iPod, to its PowerBooks, everything Apple touches turns to bright-shinin'-gosh-luvin'-gold. Yet, to understand Apple's success, it's imperative to study how they got that way. One of its first products was the Apple Lisa -- the computer with the first mainstream mouse attached to it. Whatever became of it? Nothing, much. It was a total disaster for Apple. Luckily, they had cash reserves to bounce back (The side moral: Don't put all your eggs into one basket). With failure--and here's the main moral of the story--comes understanding. Apple understood where it went wrong: the prices were too high. IBM cornered the business market by offering lower-priced computer models. The higher-end Apple Lisa couldn't compete. If you're buiding a business product that you think will change the world overnight, brace yourself because it might not happen. The key then is to learn from your experiences and mistakes. The more mistakes you have, the more equipped you'll be to achieve success. And with more mistakes, you'll boost your odds for that elusive success story.

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Posted on May 01

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