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Examples of some
brilliant ideas, innovations and creations rejected by
'experts' as 'bad'.
AliBaba |
Jack Ma, one of the most
successful entrepreneurs in the
world, went through a lot of
rejection before he was the richest
person in
China. He was rejected from
Harvard 10 times. No banks would
work with him, so Ma decided to
start his own payment program called
Alipay that is used today by over 1
billion people. |
Amazon |
"Every
well-intentioned, high-judgment
person we asked told us not to do
it," says
Jeff Bezoz, the founder of
Amazon.com. |
Beatles |
The
then Director of Decca Records
turned down the Beatles. He said to
their promoter, 'We don't like your
boys' sound. Groups of guitarists
are on
the way out.' |
Charles Schwab |
In
early 1990s, the leaders of Merrill
Lynch, the then largest financial
services company, believed that
e-commerce was jus a hype. In
contrast,
Charles R. Schwab, the founder
of the then tiny brokerage firm
Charles Schwab, believed that
online trading was going to become
huge.
Charles Schwab pioneered
seamless stock trading on Internet
in 1996 and went from a tiny firm to
the world's largest financial
services company. On January 1, 2000
the market capitalization of Charles
Schwab surpassed that of Merrill
Lynch, and Schwab became the world's
largest financial services company.
>>> |
Dell |
According to
Michael Dell, leading industry
analysts we two-zeros wrong when
they tried to forecast next-year
capitalization of
his young firm. |
Harry Potter |
Various major publishers tuned down
the first Harry Potter novel. |
Panasonic |
Konosuke Matsushita began the
Panasonic’s journey by
inventing a two-socket light
fixture. The invention was rejected
by his employer, so Matsushita left
the company and founded the
Panasonic Corporation. |
WalMart |
Here
is an advice by
Sam Walton, the founder of
WalMart. "Swim upstream. Go the
other way.
Ignore the conventional wisdom.
If everybody else is doing it one
way, there's a good chance you can
find
your niche by going in exactly
the opposite direction. But be
prepared for a lot of folks to wave
you down and tell you you're headed
the wrong way. I guess in all my
years, what I heard more often than
anything was: a town of less than
50,000 population cannot support a
discount store for very long," |
Xerox |
IBM
rejected the photo-copying idea that
launched
Xerox. |
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We go to the source. Not the "experts", but the actual people who use
something similar to what we're hoping to create.
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Tom Kelley
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