Business & Financial Markets
Fundamentals of Business
Five years later, the millionth Beetle rolled off the production line and Volkswagen eventually went on to
buy out the quintessentially British car manufacturers Bentley and Rolls Royce.
If Major Ivan would have listened to Ford or Routes there would be no Volkswagen today and Beetle, the
car with engine at the back? So unconventional, isn't?
This shows the hindsight of Ford and Routes, the key people in car industry.
"We don't like their music, and guitar bands are finished".
– Decca Records on rejecting the Beatles in 1962 –
The Beatles went to become one of the most commercially successful and critically acclaimed bands in the
history of popular music.
"We don't need you. You haven't got through college yet".
– Hewlett Packard execs rejecting Steve Jobs, who went on to found Apple.
With Steve Wozniak, Job popularize the personal computer in the late 70s. In the early 80s, Jobs was
among the first to see the commercial potential of the mouse driven GUI (Graphical User Interface).
He is considered a leading figure in both the computer and entertainment industries.
Ranked 56th in the Forbes American rich list, with a fortune of 5.7 billion US Dollars.
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