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The End of the Beginning
Paradigm Shift
Certain companies in the automobile and technological sectors experience a paradigm shift once a while, where once-dominant companies are usurped by the next wave of startups.
First-generation car manufacturers, once considered untouchable were rendered irrelevant by imported cars. Tech companies like IBM and Microsoft, which had a stronghold across the world for two decades, appear to be sidelined by newer players like Google, Amazon, and Apple.
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Paradigm Shift
Certain companies in the automobile and technological sectors experience a paradigm shift once a while, where once-dominant companies are usurped by the next wave of startups.
First-generation car manufacturers, once considered untouchable were rendered irrelevant by imported cars. Tech companies like IBM and Microsoft, which had a stronghold across the world for two decades, appear to be sidelined by newer players like Google, Amazon, and Apple.
Generational Change
When the end-users needs and problems are solved in fundamentally different ways, even companies that aren't a direct competitor to the old establishments pose a threat.
Generational Change is inevitable and no company can remain dominant for long.
The Beginning, Not The End
When we look at the developments in the last 100 years, it can be said that today's technology may just be the beginning of bigger disruption in the future.
Companies like Apple and Google may just be the initial stepping stones, and technology will evolve further in unpredictable and unimaginable ways, impacting the next generation.
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"Whenever you find yourself on the side of the majority, it is time to pause and reflect."
Mark Twain
What entrepreneurship is about
Challenging times can create even more obstacles between you and success. But entrepreneurship is about leaning into the obstacles and finding and creating opportunities in places others have overlooked or written-off.
As others run away from the chaos, there will be more opportunity than ever to deliver real value to the world.
General Electric (1892)
Thomas Edison officially got his start years earlier (and survived several smaller recessions during the 1880s), but launched General Electric right as the nation was heading into the Panic of 1893 (16 months where business activity dropped nearly 40% across the nation).
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Ctrl+Alt+Del
The famous key combination, Ctrl+Alt+Del is a way for Windows PC users to terminate an unresponsive task, or reboot the system.
The story goes that an engineer at IBM in the year 1980, an e...
Unexpected Fame
A few years later when Desktop PCs became a rage among millions of users, and the Windows Operating system started gaining popularity, the software started crashing due to various reasons.
This led to the keyboard shortcut of Ctrl+Alt+Del to terminate the application and restart the system to gain prominence through word of mouth, later making the engineer famous.
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Early times
Before the Industrial revolution, everyone worked out of their home and sold their goods from there. With the Industrial Revolution came the need for automation and factories, and employ...
From factories to cubicles to WiFi
Just after WW2, there was a rise in corporate headquarters and larger office spaces and cubicles. During this time, the 8-hour workday was established.
Then came the advancements in computers and technology that lead to remote workers of today. The internet and public WiFi allowed employees to do everything they would in their cubicle, but outside the office. They can also work all hours of the day.
Remote work is common
4.3 million people currently work from home in the United States at least half of the time, and this figure has grown by 150% in the last 13 years.
Remote workers tend to have higher engagement rates and higher productivity levels. Once they switch to remote work, they rarely want to become office bound again.
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