The Difference Between Kodak & Amazon
According to the U.S. Bureau of Labor Statistics, approximately 20% of new businesses fail during their first two years of operation and 65% within the first ten years. Only 25% of new businesses survive for 15 years or more.
While there are many root causes for this phenomenon, two primary reasons are often cited: remaining rigid or expanding too quickly.
The NYT Millennium Edition
For many years in the 90’s there was a small advertisement that ran every Friday on the bottom corner of the front page of the New York Times. It read, “Jewish Women: Shabbat candle lighting time this Friday is ____pm.” It not only served as a reminder of this eternal mitzvah, but it also expressed Jewish pride.
The advertisement ceased after the sponsor ended it, but it reappeared once.
One Small Step
At 10:56 p.m. ET on July 20, 1969, the American astronaut Neil Armstrong put his foot on the lunar surface and famously declared, “That’s one small step for man, one giant leap for mankind.”
Neil’s “one small step” was only made possible through years of research and hard work from a large team of experts and billions of dollars of investments.
Parents kvell while watching their children grow up, but they also remember the sleepless nights, the kvetching they had to put up with, the sacrifices they made and the resources they invested in educating their children to develop into mature, good, Yiddishe Mentchen.