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Missed
Opportunities:
How Could They Have Been So Wrong?
Western Union turned down
Alexander Graham Bell's offer to sell them his telephone patents for a
mere $100,000.
When Edwin Land couldn't
sell Kodak on his instant camera, he went off to found Polaroid
Corporation.
A Texas Instruments
engineer named Jack Kilby developed the first integrated circuit in
1958 and, for his efforts, that this
rebuff: "young man, don't
you realize that computers are getting bigger, not smaller?"
Dr. W. Edwards Deming took
his quality concepts to the Japanese in 1950 because American
companies were not
interested.
Major auto tire companies
in the U.S. rejected the radial design because it cost too much.
Michelin did not hesitate to
manufacture the higher
priced, higher quality radials and thereby won the opening round.
The creators of the Cosby
Show were turned down everywhere they went. NBC finally took it on out
of desperation to fill its
schedule.
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