Quotes in the Wrong Direction…

“This wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?”

- David Sarnoff’s, founder of NBC, in response to a possible investment in Radio in the 1920’s

Problem: Failure of Imagination

“Who the hell wants to hear actors talk?”

- Harry M. Warner, Warner Bros, 1927

Problem: Not Knowing Your Customers

“The ‘telephone’ has too many shortcomings to be seriously considered a means of communication”

- Western Union Internal Memo, 1876

Problem: Tunnel Vision

“There is no reason for any individuals to have a computer in their home”

- Ken Olsen, President, Chairman and Founder of Digital Equip. Corp., 1977

Problem: Missing Applications

“Heavier-than-air flying machines are impossible”

- Lord Kelvin, President, Royal Society 1895

Problem: Understanding of Physics

“Airplanes are interesting toys but of no military value”

- Marshall Ferdinand Foch, French Military Strategist, 1911

Problem: Tunnel Vision

“Everything that can be invented has been invented.”

- Charles H. Duell, Commissioner, U.S. Office of Patents, 1899

Problem: Underestimating people

$100 million dollars is way too much to pay for Microsoft.”

- IBM, 1982

Problem: Not recognizing value