The 10 Minute Entrepreneur

Ep 349: 5 Reasons Why Big Companies Fail

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Great companies fail because of 5 Reasons

  1. Fail to innovate (AOL)- Sear, JCPENNEY, 
  2. Don’t believe they have competition (Blockbuster vs. Netflix)
  3. Hold on to the past achievements (Kodak, Xerox, etc.)
  4. Next leader up in not ready (Ford vs GE with Jack Welch)
  5. Too Big to Stay Great- IBM
...more
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The 10 Minute EntrepreneurBy Sean Castrina
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