Wednesday, May 8, 2024
HomeEntrepreneurshipWhy Businesses Fail

Why Businesses Fail

Yahoo! was once valued at $125 billion…

A few years later on 2016, Verizon announced the acquisition of Yahoo’s Internet business for $4.83 billion.

What happened?

Yahoo! focused their efforts on becoming a media company, undervaluing the importance of relevant search results to their users.

Meanwhile, Google focused their efforts on becoming the best search engine — obsessed on PLEASING THEIR USERS and won the game.

Give customers what they WANT, not what you think they need.

Also read:  ESSENTIAL INSIGHTS FOR SUSTAINING YOUR BUSINESS (1)
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

admin | Abbey Oyetunji on How To Get The BIG Money Clients
adebayo on Contact us