Changes are good
Hey it’s Ana Victoria in today’s blog I’ll be talking about today’s business class with Christopher.
What caught my attention the most about the class was the TED talk video, that talked about changes and that when you make changes make sure you made them to improve instead of make changes because you have to.
The teacher in the class made a very good example about Netflix and Blockbuster. Blockbuster was considered one of the best DVD movie rents in the world but his success doesn’t last long. One day the Netflix creator (Reed Hasting) go with (John Antioco) to offer him a new business plan of making a platform where they can make the same movie rents but instead of go to the store they can make it on a website, Reed Hasting was only asking for his support, promotions and name but John Antioco think it wasn’t a good idea so he turn down the offer. One year later Blockbuster went down closing thousands of stores around the world and Netflix became one of the most successful and popular websites in the world.
This is a huge example of many big businesses that stick to the old safe things and don't try to make changes and adapt by the time. That’s why it is important that if you are starting a business or you are already in there make sure you know that times change and it is important to be prepared and adapt to new technologies so you can have more success.
Thank you for reading this blog. I hope you have a good day!!!!
Excellent!!
ResponderBorrar