Experience shares around Chicago Commercial Real Estate; fitness, life in general and other cool stuff I'd like to share that ties it all together.
Monday, January 24, 2011
Apple fan or no, good business tip
Whether you're an Apple fan or not, you have to pay attention to what Steve Jobs has done for Apple. He's tripled Apple's annual sales and increased Apple's stock 1,300 percent. What most people might not remember is that Jobs was actually pushed out of Apple by a CEO hired by his partner. After his departure, the company lost focus and got into several different markets and teetered on the edge of bankruptcy. However, a string of events brought Steve back to the company. Jobs eliminated every product that wasn't profitable and let go of millions of dollars invested into products, which were not fully developed. You have to give up certain opportunities in your business, to build a stronger, more profitable business. Job's once said "Focus means saying no." Instead of taking on Dell with the cheapest possible computer, Apple would make first-class products to make enough profit to keep developing more first-class products. (Original Post by Rob Minton http://www.renegademillionaireblog.com/)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment