Skip to main content

Why Keeping an Open Mind is Important

Here is a listing of some pretty bright people who made some incredibly poor predictions of things that should have never happened...but did... 

"Man will never reach the moon regardless of all future scientific advances."
-- Dr. Lee DeForest, "Father of Radio & Grandfather of Television."

"The bomb will never go off. I speak as an expert in explosives."
- - Admiral William Leahy, US Atomic Bomb Project

"There is no likelihood man can ever tap the power of the atom."
-- Robert Millikan, Nobel Prize in Physics, 1923

"Computers in the future may weigh no more than 1.5 tons."
-- Popular Mechanics, forecasting the relentless march of science, 1949

"I think there is a world market for maybe five computers."
-- Thomas Watson, chairman of IBM, 1943

"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year."
--The editor in charge of business books for Prentice Hall, 1957

"But what is it good for?"
-- Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"640K ought to be enough for anybody."
-- Bill Gates, 1981

This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us,"
-- Western Union internal memo, 1876.

"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?"
-- David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s.

"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible,"
-- A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)

"I'm just glad it'll be Clark Gable who's falling on his face and not Gary Cooper,"
--Gary Cooper on his decision not to take the leading role in "Gone With The Wind."

"A cookie store is a bad idea. Besides, the market research reports say America likes crispy cookies, not soft and chewy cookies like you make,"
-- Response to Debbi Fields' idea of starting Mrs. Fields' Cookies.

"We don't like their sound, and guitar music is on the way out,"
-- Decca Recording Co. Rejecting the Beatles, 1962.

"Heavier-than-air flying machines are impossible,"
-- Lord Kelvin, president, Royal Society, 1895.

"If I had thought about it, I wouldn't have done the experiment. The literature was full of examples that said you can't do this,"
- - Spencer Silver on the work that led to the unique adhesives for 3-M "Post-It" Notepads.

"Drill for oil? You mean drill into the ground to try and find oil? You're crazy,"
-- Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.

"Stocks have reached what looks like a permanently high plateau."
-- Irving Fisher, Professor of Economics, Yale University, 1929.

"Airplanes are interesting toys but of no military value,"
-- Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre, France .

"Everything that can be invented has been invented,"
-- Charles H. Duell, Commissioner, US Office of Patents, 1899.

"The super computer is technologically impossible. It would take all of the water that flows over Niagara Falls to cool the heat generated by the number of vacuum tubes required."
-- Professor of Electrical Engineering, New York University

"I don't know what use any one could find for a machine that would make copies of documents. It certainly couldn't be a feasible business by itself."
-- the head of IBM, refusing to back the idea, forcing the inventor to found Xerox.

"Louis Pasteur's theory of germs is ridiculous fiction."
-- Pierre Pachet, Professor of Physiology at Toulouse , 1872

"The abdomen, the chest, and the brain will forever be shut from the intrusion of the wise and humane surgeon,"
-- Sir John Eric Ericksen, British surgeon, appointed Surgeon-Extraordinary to Queen Victoria, 1873.

And last but not least...

"There is no reason anyone would want a computer in their home."
-- Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977

Comments

Popular posts from this blog

The Moldy Middle

While taking statistics during my quest to get an MBA and while earning my engineering degree, the professors always emphasized the importance of finding the statistical mean of any population by using the Central Mean Theorem (a.k.a the highest point of the Bell Curve). As an engineer, this was essential in order to maximize throughput, minimize cost and waste, and ultimately make a better, faster, cheaper widget. A funny thing happened on the way to the dark side of marketing. I discovered that the only thing in the middle of the road was quite literally dead road kill. I do not know if you remember stores like Bradlees, Ames and Service Merchandise (just to name a few), but they all folded because the environment changed and they were caught trying to service the mythological “average customer.” Part of that change came when Wal-Mart began its juggernaut with the discount department store. Wal-Mart did two things right: 1) Focused on “mobile” consumers, and 2) Fo...

Fortune Cookie of Persistence

There are many things or factors that can determine a person’s success or failure, but one thing that cuts across EVERY successful person I have met or read about or studied is perseverance, persistence, stick-to-itiveness, and determination. As I say, "Nothing in the world can take the place of persistence. The desire and ability to press on has and always will solve the problems of the human race and divide those who achieve from those who might have been." Incredibly, this ONE characteristic is really what makes a true entrepreneur as testimony to these little factoids: Coca-Cola only sold twenty five (25) bottles in its first year of business! They grossed $50.0 and spent $73.96 on merchandising. But they kept on going and never gave up, and nowadays the sell more than one billion bottles per day! Apple Computer co-founder offered the computer design to Hewlett-Packard five times and was rejected by both HP and Atari (the giant at the time) for acquisition. A...

Your Customers (and your Mother) Always Know

Over the years, I have been amazed at the number of businesses that think they can "get away" with something with their customers. Either by lowering product standards, charging for useless features, making it more difficult to get customer service, or just flat out lying to them. So, I will explain why this is so detrimental with a short little story about a mother and her son and the son's female roommate. It involves the eternal knowledge and wisdom of mothers, and if you try to “pull something over their eyes” they have a way of using your own words to pry the truth out...just like your  customers. ___________________________________________________ A Mother comes to visit her son for dinner. He lives with a female roommate. During the course of the meal, his mother couldn't help but notice how pretty her son's roommate is. Over the course of the evening, while watching the two interact, she started to wonder if there was more between her son and his ro...