Why did Kodak fail?

In business, reading the failure story is equally important as the success story.

In real life, both success and failure stories can help us cope with our situations. The best way to avoid failure is to read case studies, especially in business.

This can give point out the things that are not done like getting a debt, wasting our time with less competency, and partnership mightn’t help much

However good you are, to win in business, you need regular updates on technology, company, and adaptability in life.

The first company to give away a digital camera was Kodak. Do you wonder about this?

In 1975, Steven Sasson, who was an engineer at Kodak, proposed it, but they have not implemented it since the film distribution could be disrupted.

But today nowhere Kodak is sustaining.

If they had implemented it at that time, they would have been pioneers in the field of digital cameras.

My father used to say that one who thinks ahead of time will sustain in the field of business and getting adaptability is one of the most important qualities that can make him more powerful and endless in the business drives