CHANGE TO GROW. WHEN WILL YOU START?

            CHANGE TO GROW. WHEN WILL YOU START?

Not long ago, Nokia was the most dominant mobile phone maker. It ruled the mobile industry for over 10 years. Nokia was so dominant that they felt they could do nothing wrong.

Then all of a sudden in 2007, the late Steve Jobs launched the I-phone and started the touch smartphone revolution. Nokia also joined the race of touch screen phones but they didn't realize that people were interested in apps and good interface rather than the hardware alone.

At that time, 60% of the phones in the world were sold by Nokia, but the sales dropped down to 10%/within 2 years. Nokia was slow to respond to the new trend and soon got out of the race. And in 2013, they fired over 25,000 of their employees and shut down most of their production sites worldwide.

Though they were acquired by Microsoft later that year, the company's evaluation which was more than $50 billion, was sold out for just $7 billion. Gosh! It was such a tragic time for the company that even their CEO cried during a speech. He said, "We didn't do anything wrong, but somehow we lost". 

The biggest tech company went bankrupt just because they didn't adopt change. Did you get that? " Change might be hard, but it's always for the best". Insanity is sometimes defined as "doing the same thing every year in and year out, but expecting a different result. 

Even in your private life, always adopt change because change is growth.  Learn from Nokia and avoid tears later. Do check up on your life , family and everything you do daily/weekly. Refuse to live on past glory. With focus and determination, we will achieve the best.

I remains your humble teacher, student, and educator on this wonderful platform

Your Faithfully

WONDERFUL A. JEGEDE

Writer, Blogger, Public Health Consultant & Food Nutritionist, Entrepreneur, Investor, Networker and Business Educator