The"Wisdom" of People in Power |
We've all seen 'em...
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To further prove this point, |
In the early 1970's, a high ranking executive at Twentieth Century Fox rejected Jaws saying it would only make a mediocre Movie For Television. Universal Studios picked it up and of course it became one of the biggest grossers of all time. The very next year, Universal stopped developing STAR WARS at their studio and passed on the project, saying the movie audience wasnt interested in antiquated Buck Rogers comic books. |
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A
brilliant investment banker was approached by a
young man, who was willing to give him a large percentage of a new company
he was starting. The banker read his prospectus and refused to even see the
young man. Instead he put all his money into something called Quadraphonic
-- which was stereo with two more speakers. It flopped. The young man he refused to see? Bill Gates. |
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In
1962, an Executive at Decca records rejected a musical quartet, saying that
Groups with guitars are on the way out! That group, by the way -- THE BEATLES! |
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In
the late 1940s, the head of a major electronics manufacturing firm
decided not to make television sets. His reasoning:
The problem with television is that people must sit and keep their eyes glued to a screen. The average American family hasnt time for that. They will never sit still indoors long enough! Television will NEVER find a wide acceptance! |
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The
Editor of a newspaper where Walt Disney
worked as a young man told him he should
forget about a career in anything creative because he totally lacked
ideas.
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Football legend, Vince Lombardi, was told by one of his earlier coaches that he should forget about a career in coaching, saying he possessed only minimal football knowledge and lacked motivation. | |
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At
the turn of the century, the head of the
United States Patent Office
resigned, and sent a letter to the
President, urging him to shut down the office. The reason?...
He said, there is no more reason for a patent office. Everything that can be invented has been.
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A young woman approached her employer to see if he'd like to back
her in a new business endeavor. His response: " A cookie store
is a bad idea. Besides, the market research reports say America likes crispy
cookies, not soft and chewy cookies like you make."
That woman, of course, was Debbi Fields (Mrs. Fields).
Submitted by B. Phillips,
Gresham,
Oregon... |
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