Am very excited to launch my book on my website. I thank the Almighty God as it has truly being a refining process. A lot of people have already made orders and this intrigues me. Don’t miss out on your copy of this spicy dose of inspiration. #thequotist #thequotistke
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Re-invention. Alexander Graham Bell. When he came up with the telephone invention, what was he told? That his invention was merely a toy that would amount to nothing… but did he give up?
The Greatest “Bad Business Decision” Quotation That Never Was
Everybody loves stories of bad business decisions. So I thought I’d start of 2011 with a classic:
It was 1876. Alexander Graham Bell had just sent speech down a wire through a newfangled gadget — the telephone. Bell, his assistant Thomas Watson, and his investors, Gardiner Hubbard and Thomas Sanders, turned their attention to commercializing their invention.
The claim is that Hubbard offered the Bell telephone patent to Western Union — the telegraph monoply and telecom giant of the day — in 1876 for $100,000. Western Union said no. According to this great story:
In 1876, Alexander Graham Bell and his financial backer, Gardiner G. Hubbard, offered Bell’s brand new patent (No. 174,465) to the Telegraph Company – the ancestor of Western Union. The President of the Telegraph Company, Chauncey M. DePew, appointed a committee to investigate the offer. The committee report has often been quoted. It reads in part:
“The Telephone purports to transmit the speaking voice over telegraph wires. We found that the voice is very weak and indistinct, and grows even weaker when long wires are used between the transmitter and receiver. Technically, we do not see that this device will be ever capable of sending recognizable speech over a distance of several miles.
“Messer Hubbard and Bell want to install one of their “telephone devices” in every city. The idea is idiotic on the face of it. Furthermore, why would any person want to use this ungainly and impractical device when he can send a messenger to the telegraph office and have a clear written message sent to any large city in the United States?
“The electricians of our company have developed all the significant improvements in the telegraph art to date, and we see no reason why a group of outsiders, with extravagant and impractical ideas, should be entertained, when they have not the slightest idea of the true problems involved. Mr. G.G. Hubbard’s fanciful predictions, while they sound rosy, are based on wild-eyed imagination and lack of understanding of the technical and economic facts of the situation, and a posture of ignoring the obvious limitations of his device, which is hardly more than a toy… .
“In view of these facts, we feel that Mr. G.G. Hubbard’s request for $100,000 of the sale of this patent is utterly unreasonable, since this device is inherently of no use to us. We do not recommend its purchase.”
Bell would be struck with his invention if he saw what it has turned out to be this very day. I mean, “can you leave your house without your phone?”; Or what if we cut off all phones from our lives, how would we communicate? Not all of us comprehend the coded messages in smoke signals and how many fires would we have to light each day?
In my mentorship/talks, what l talk about most is re-invention . The world is turbulent. Things are changing fast. People, rather, personal brands should change as fast as the processes in the universe. You should reinvent your persona to such a key and critical relevance that people feel empty whenever you go silent or when you are not doing you. How? Your gifts and talents. Your vocation and calling; this is your unique point.
You have talents and gifts. You have been operating in a one dimensional or 2D version of them. You should be operating in a 3D level instead.
The average human being has over 500 talents and some of us live our lives without bringing forth any of them.
~The graves are still the richest places.
But each time you step out to reinvent yourself, your grave is less one more talent and the universe is enriched by your gift. Souls are blessed, hearts changed, lives uplifted.
We are at the age of the information economy whereby information is one of the key resources in the knowledge economy that pushes us ahead.
Dearest entrepreneur, you must use this fact to re-strategize and re-invent yourself in order to be relevant in this new economy.
For now, cheers to a new you: inspired, re-energized and motivated!
You are beautiful. You are inspiration. You are music.