In this episode of The MindShifter Audio Blog, Fatima Bey breaks down why once-dominant businesses collapse when they cling to nostalgia instead of adapting. Using Blockbuster as a cautionary tale, this reflection exposes how pride, outdated marketing, and resistance to change quietly write business obituaries.

This episode is a direct challenge to leaders who are still relying on strategies that worked ten years ago in a market that no longer exists.

🔗 Read the full blog post:

https://www.fatimabey.com/adapt-or-die-why-your-blockbuster-mentality-is-killing-your-business

Chapters

0:00 Introduction

0:19 The Blockbuster moment

0:54 Convenience beats tradition

1:18 When “how it’s always been done” kills growth

1:20 Your marketing is outdated

1:43 Why old strategies fail today

2:01 The AI gap

2:15 Waiting is a losing strategy

2:46 Listening to the market

3:21 When pride blocks reality

3:32 Hiring your adaptability nurse

4:08 Pride as a business killer

4:52 The uncomfortable truth

MindShift Moments

• Nostalgia kills innovation

• Markets do not wait

• Adaptation beats loyalty to old systems

• Pride blinds leadership

• Survival belongs to listeners

Quotes

“Nostalgia is a luxury businesses cannot afford.”

“The market does not care how things used to work.”

“Waiting feels safe until it becomes fatal.”

“Pride writes more business obituaries than failure.”

Read the full transcript on Listen Notes

Thank you for listening.

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