How to Predict Your Way to Wealth & Create Winner Products!1. Break Out of Your Paradigms
Consider following predictions, made by experts:
“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
“We don't like their sound, and guitar music is on way out.” Decca Recording Co. rejecting Beatles in 1962
“The phonograph…is not of any commercial value.” Thomas Edison remarking on his own invention to his assistant Sam Insull, 1880
“Sensible and responsible women do not want to vote.” Grover Cleveland, 1905
“It is an idle dream to imagine that… automobiles will take place of railways in long distance movement of… passengers.” American Road Congress, 1913
“There is no likelihood man can ever tap power of atom.” Robert Millikan, Nobel Prize winner in physics, 1920
“The odds are now that United States will not be able to honor 1970 manned-lunar-landing date set by Mr. Kennedy.” New Scientist, April 30, 1964
"The bomb will never go off. I speak as an expert in explosives." Admiral William Leahy, US Atomic Bomb Project
“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 radio in 1920s
“There is no reason anyone would want a computer in their home.” Ken Olsen, president of Digital Equipment Corporation, 1977
“Who hell wants to hear actors talk?” Harry Warner, Warner Brothers Pictures, 1927
“I think there is a world market for about five computers.” Thomas Watson, chairman of IBM, 1943.
“Flight by machines heavier than air is unpractical and insignificant, if not utterly impossible.” Simon Newcomb, an astronomer of some note, 1902
"Man will never reach moon regardless of all future scientific advances.” Dr. Lee De Forest