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Ever wondered how Kodak, once the leader in photography, disappeared from the market? This is what happens when you refuse to adapt to changing times. Kodakโs engineer created the first digital camera in 1975. But the company ignored it, fearing it would destroy their film business. >> If a new technology threatens your current business, donโt ignore it. It might be your next big growth opportunity. When people started shifting to digital cameras and later smartphones, Kodak stuck to its old film business, thinking it was irreplaceable. >> Understand customer needs and innovate accordingly to stay relevant. Kodak was too comfortable with its success and avoided making bold moves to embrace digital trends. >> Donโt let success make you complacent. Always be ready to evolve and take risks. Kodakโs story reminds us that innovation waits for no one. To stay ahead, keep evolving with market trends and focus on what your customers truly want. How does this sound?
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In 1975, a Kodak engineer built the worldโs first digital camera. It could have changed photography forever. But Kodak dismissed it, saying: โThatโs niceโdonโt tell anyone.โ What happened next became one of the biggest business mistakes in history
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Kodak: Missed the Picture! โWe developed the worldโs first consumer digital camera but we could not get approval to launch or sell it because of fear of the effects on the film market.โ - Don Strickland Former vice-president of Kodak Kodak, a techno
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Kodak: A Giant that Missed the Digital Revolution Kodak, a pioneer in the photography industry, dominated the market with 90% market share in the 1990s. But by 2012, it filed for bankruptcy. What went wrong? The Missed Digital Wave: In 1975, Kodak
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Why is Innovation and Adaptability important ? Billions To Bankruptcy #5 In 1888 Kodak released the first simple camera for the general public with the slogan "You press the button, we do the restโ.The Kodak Roll flim Camera's user-friendly operati
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Why Kodak Failed? Kodakโs Missed Opportunities: They were scared that pushing digital too soon would hurt their booming film business. Failure to Monetize Digital: When Kodak eventually jumped into the digital camera market, they focused too much o
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Hey You all remember "Kodak" which used to be the biggest brand of camera world wide? Kodak completely disappeared from the market due to it's one small but major mistake, the same mustake which lead to the creation of other brands like Lamborghini,
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Benefits of a Digital Marketing Course in Coimbatore | Skillfloor A Digital Marketing course in Coimbatore https://skillfloor.com/digital-marketing-courses-in-coimbatore offers many benefits, including gaining skills in online advertising, social m
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Business Tips #11 How to Build Discipline and Stay Consistent โก Motivation fades, but discipline builds success! ๐ก Hereโs how to stay consistent in business: โ 1. Set Clear Goals โ Know what youโre working toward. Break it down into daily steps. โ
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Success in business comes from a mix of strategy, persistence, and adaptability. It's not just about working hard but working smart. Stay customer-focused, analyze your data, and evolve with market trends. Remember, every challenge is an opportunity
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