The ones who survived. - Deepstash
The ones who survived.

The ones who survived.

Following is the list of companies:-

  • Fortune magazine (ninety days after the market crash of 1929)
  • FedEx (oil crisis of 1973) UPS (Panic of 1907)
  • Walt Disney Company (After eleven months of smooth operation, the twelfth was the market crash of 1929.)
  • Hewlett-Packard (Great Depression, 1935)
  • Charles Schwab (market crash of 1974–75)
  • Standard Oil (Rockefeller bought out his partners in what became Standard Oil)
  • Revlon (Great Depression, 1932)
  • General Motors (Panic of 1907)
  • Proctor & Gamble (Panic of 1837)
  • United Airlines (1929)
  • Microsoft (recession in 1973–75)
  • LinkedIn (2002) post bubble burst

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MORE IDEAS FROM THEBOOK

Opportunity in disguise

We often make mistake of starting something new when it is the right time (according to us), when in reality there is no such things as right timing.

With timing, there are also numerous factors that play key role in success of one event or product.

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Live in present moment.

It doesn’t matter whether this is the worst time to be alive or the best, whether you’re in a good job market or a bad one, or that the obstacle you face is intimidating or burdensome.

What matters is that right now is right now.

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Why is it so?

For the most part, these businesses had little awareness they were in some historically significant depression.

Why? Because the founders were too busy existing in the present—actually dealing with the situation at hand.

They didn’t know whether it would get better or worse, they just knew what was.

They had a job they wanted to do, a great idea they believed in or a product they thought they could sell. They knew they had payroll to meet.

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What we should do?

We should start doing something which we love and can bet our lives on it.

Our purpose should be portrayed with our behaviour and lifestyle.

Coming is the list of companies which were started in economic downturn or when it's supposed to be fail miserably.

But it was the courage, vision and faithfulness of the founders behind these companies or institutions which made them survived and transformed into something valuable.

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The trick to forgetting the big picture is to look at everything close up. —

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RELATED IDEAS

What Is Fear of Failure?

Nobody enjoys failing. Fear of failure can be so strong that avoiding failure eclipses the motivation to succeed. Insecurity about doing things incorrectly causes many people to unconsciously sabotage their chances for success.

If you are afraid of failure, it will cause you to avoid potentially harmful situations.

Fear of failure keeps you from trying, creates self-doubt , stalls progress, and may lead you to go against your morals.

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Influencing A Change

At first, Steve Jobs insisted he would never make a phone. It took two years for his team to persuade him to reconsider. Within nine months, the App Store had a billion downloads, and a decade later, the iPhone had generated over $1 trillion in revenue.

While many leaders have studied the genius of Jobs, few have studied the genius of those who managed to influence him. While too many overconfident leaders reject worthy opinions, it is possible to get anyone to open their minds.

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Steve Jobs, the adaptable visionary

The legend of Steve Jobs is that he transformed our lives with the strength of his convictions. However he started oppoaing the greatest 🍏's innovations:F

  • Foryears Jobs insisted he would never make a phone. 
  • When he built a phone, he banned outside apps
  • Etc

We owe it to the because of people who knew how to change his mind.

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