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Pardon my ignorance on the topic, but why would moving a business into new areas be considered lucky? I wouldn't consider Apple moving into phones as lucky. Wo
by melvinram 7y ago
Pardon my ignorance on the topic, but why would moving a business into new areas be considered lucky?
I wouldn't consider Apple moving into phones as lucky. Would you?
- monocasa 7y agoIt's just not what he pushes as the primary reason for his success. They also were sitting on a ton of real estate (and invested capital from their pension fund), so the comparison with Apple isn't totally on point. Apple didn't get into the market because they already had a warehouse filled with phones.
- reaperducer 7y agoIf you saw Apple moving into phones and then moved your business into phones and your business did well, a person like Welch would call himself lucky.