Running a successful multi-million or billon dollar business is no easy task. It takes an endless well of blood, sweat and tears. The The key to staying powerful as a company is staying innovative and ahead of the curve. Business in all fields morph at a record pace, so you have to think big or go home. Often that BIG thought and plan is lucrative and life-changing for the better and sometimes.... its a disaster and it crumbles a dynasty.Redditor u/RusherTheBFDIFan wanted to discuss some wrong decisions made by corporations by asking.... What is the most stupid move that a company made?
The RatnerShocked Bbc Three GIF by BBCGiphy
British businessman Gerald Ratner was the CEO of powerful jewelry company Ratners.
In 1991 he gave a speech to a business forum in which he explained how his company was able to sell its products at such a low price. His words were "because it's total crap." The remarks were televised and widely publicized. Overnight, Ratners lost about £500million of its company value, was forced to rebrand (it's now called Signet) and Ratner was made to resign.
Such a blunder has now entered the English lexicon as "doing a Ratners."
Think about that....
There was a weight loss product called AIDS. When the AIDS disease emerged, they decided not to change the name of the product so as not to compromise its identity. Who would have thought that people no longer wanted to buy AIDS, despite all the success that AIDS has in losing weight?
The Balmer Bomb
Steve Ballmer didn't take the smartphone seriously, laughed at the first iPhone, and Microsoft has basically become an enterprise services company because of it. A hugely successful one, but that was a huge miss and it cost him his job.
Oh he chose to retire? No. He was gently shown the door.
Sounds like....Confused Season 1 GIF by ManifestGiphy
Pepsi had a contest in the 1980s where the bottle caps had letters on the underside, and if you spelled your own last name, you won. Of course, the vowels were very rare.
But they forgot about Vietnamese people named "Ng," along with similar Eastern European names. Oops.
Video Downvideo games 90s GIFGiphy
Blockbuster basically telling Netflix to go screw itself.
Why would Blockbuster start mailing you videos? It would have made no sense to anyone in that company when there's a Blockbuster within rock-throwing distance of everyone's front porch. They would have never seen the value in the mail-to-home DVD.
Maybe... MAYBE, they use Redbox as a drop-off, but a large portion of their business depended on you going in, dropping off a video, browsing the shelves, and buying overpriced popcorn with your DVD rental.
When its too free
McDonald's had a contest where you collected game pieces and if the US won a medal in the Olympic sport on your game piece, you won a prize. I think it was something like:
Bronze = free medium soft drink Silver = free regular size fries Gold = free Big Mac
Russia and East Germany boycotted the Olympics. This was when Russia hadn't split into different countries and they were by far the biggest US rival. It was also when testing for performance enhancing drugs was very unsophisticated... so Russian athletes often had big advantages.
McDonald's gave away a lot more free food than they anticipated.
Just looked it up. Yep.
I worked for a Sprint/Nextel dealer in the 2000s. We actually had a couple phones with a Microsoft OS. Think of your Windows desktop with the start button in the lower left. Now imagine that in a flip phone with a tiny screen. It was a pain to use, just a ridiculous design. We sold very few.
Microsoft did a complete redesign with their Windows 7 phones, released in 2010. It was a good design, and a good product, but iPhones and Androids had been around for 3 and 2 years respectively, and the Windows 7 phones were left in the dust.
Similarly, I remember all these teenage girls abandoning their Blackberries when the iPhones and Androids became available.
$500,000,000? Is that all?scrooge mcduck 90s GIFGiphy
Rupert Murdoch's News Corp. bought MySpace for $580 million in 2005, saw its value rise to over $12B as it became the biggest social media platform by 2008, but then didn't adapt the company to the changing social media landscape that came to be dominated by Facebook and Twitter, and wound up selling it to online ad network Specific Media for $35 million in 2011, a loss of over $500 million (or $11+ billion if you count the company value at it highest point.)
The Osbourne 1 was the first portable computer, they announced the Osbourne 2 before they'd made a profit on the Osbourne 1, people stopped buying the Osbourne 1 in anticipation of the Osbourne 2 as a result of this there never was an Osbourne 2. The official economic term for announcing a product too early and killing sales (and therefore profits) is called the Osbourne effect because of this. Now that's how to Munson like a pro.
Bad EddieFrustrated Clint Eastwood GIFGiphy
Sears hiring Eddie Lambert as their CEO. Very long story, but the short is that he used Sears Holdings as his own personal hedge fund, having no desire to actually keep Sears/Kmart profitable, and knowingly and willingly allowed these companies; long established American institutions, to completely go under.
Days of Hoover
British vacuum manufacturer Hoover ran a promotion in the 90s to try and sell off old stock; buy a cheap vacuum, get return flights to the US. They tried to make it difficult to claim the free flights, with some pretty dirty tactics designed to reduce the likelihood of a successful claim on the promotion.
It did not end well, with the company completely misunderstanding of how far a British person will go to get something for, essentially, nothing.
Pics of the Futureinstagram picture GIF by ChallengerGiphy
Kodak owned digital photography but couldn't break the addiction to film revenue to pursue it. I worked with a senior executive who was forced into retirement because he wouldn't shut up about digital being the future.
Back in like 2009, Digg.com was the go-to link aggregation website on the internet.
But they revamped their site using a new algorithm that focused on following "power users" instead of just following topics and the users hated it. I'm assuming it also made it much easier to inject sneaky ad content into the feed.
So everyone migrated to Digg's smaller rival, Reddit (which was mostly tech-focused at the time). Reddit exploded after that, and I don't think anyone uses Digg anymore. All because they fucked with their algorithm.
Dell. Michael Dell didn't think smartphones were a good idea. Then he saw how prevalent they were becoming. Dell then released a Windows 7 phone. Someone else manufactured it and Dell put their logo on it. It was absolute junk and the only carrier Dell could get to sell it was T-Mobile. After sales completely flopped, the phone was discontinued and no longer sold.
Rumor is that Dell had ordered almost 7 figures worth of the phones in anticipation of big sales. All of the discontinued inventory went into the shredder and was recycled. Dell took a big tax write-off and pretended like it never happened.
Tumblr taking away naughty/NSFW content. If you create a site where people can be themselves, why would you block that?
The ironic thing is part of why they banned porn was likely so they could be more appealing for a potential buyout. I'm sure they anticipated some blowback when they did it but couldn't have imagined the mass exodus it resulted in.
Patty CakesFlames Feed Your Happy GIF by Hardee'sGiphy
Hardee's in Australia got caught using dog food in their meat patties back in the 1970s and were forced to close all restaurants and exit the country as a result.
Around 2008/2009, while the economy was tanking, HP decided to cut the salaries of all it's employees by 15%. Makes sense, right?
The government contracting business was booming in the Washington DC area and was one of their few profitable divisions. They lost 40% of their cleared employees before they sent a VP from California to figure out what was going on. They still haven't recovered from that debacle.
The Bottom Line
Shlitz beer decided to cheap out on their product which caused it to have weird slug like growths in the can. They soon folded because no one would drink their product again.
That's what happens when you start caring about the bottom line more than the quality of the product. An interesting article about it, pop up to sign up for their mailing letter is a bit much though
I first learned about it in a business class at my junior college, never actually had the product.
The PC World
When IBM decided to get into PCs they didn't really take it seriously. They always thought that mainframes were always going to rule the day. So, they rushed to get the chips and the OS in deals with Intel and Microsoft. Contrary to deals with previous suppliers IBM did not demand exclusivity from Intel and MS. This let Intel and MS sell their IP to whomever they chose. IBM could have owned personal computing but instead the IBM clones outperformed IBM PCs and IBM is a shadow of their former clout in computing.
Colgate, the toothpaste and toothbrush company, tried making tv dinners in the eighties.
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The Mandela effect is when multiple people share the same, incorrect memory.
Its name stems from when paranormal researcher Fiona Broome falsely believed that the future president of South Africa, Nelson Mandela, died in prison in the 1980s.
A false memory she shared with a number of others.
Our memories have been known to deceive us, as we might frequently forget someone's name or one of our numerous online passwords.
But when we share a memory that turns out to be false with many others, convincing ourselves it wasn't the truth can be a very difficult ordeal indeed.
Redditor Mysterious_Boat_1701 was curious to hear people's most unsettling experiences with the Mandela Effect, leading them to ask:
"Which Mandela effect freaks you out the most and why?"
A mysterious gym
"Just had one personally."
"Went to a mall where there was supposedly a gym, asked around and nobody that worked at the mall knew what I was talking about."
"Looked around and couldn't find it."
"Come back a few months later and it’s right there in front of my face, you'd have to be strung out to not notice it."
"idk how or when it just appeared but it freaked me out."- prex320278
A "fruit"ful logo.
"That the fruit of the loom logo never had a cornucopia."
"What’s crazy about that one is that someone emailed the creator of the logo about it and he said even he remembers it having one."- mrcock2·
Less well intentioned than they thought.
"I Mandela effected my whole family once."
"Years ago there was a football player on a rival team that always did a dumb celebration after he got a sack and my family and I always hated it."
"One night after he did it my family started trashing the celebration and I said as a joke 'we are all going to feel terrible when we find out he is doing that celebration as a request from a make-a-wish kid'."
"Fast forward to years later and our team is playing that team again."
"The player got a sack and did the celebration."
"I rolled my eyes and said 'I hate that celebration so much' my mom instantly turned and said 'don't say that, he is doing it for a sick kid'."
"'I actually like it."
"So I was like 'what?'"
"'No there is no sick kid', my whole family then proceeded to argue with me'."
"They all vividly remembered reading articles about it, seeing special report segments before games about it, and other information."
"Some of them even thought they knew the disease the kid had and even extra details about why the kid chose that specific celebration."
"They all had these shared memories that they were sure were true."
"I was floored by all this and insisted none of that was true."
"So we looked it up.'
'No kid like that ever existed.'
"They still have trouble wrapping their heads around this one."
"Turned out human memory is not near as reliable as we think"
"It was American Football and the player was Jared Allen of the Minnesota Vikings and his cattle roping sack celebration."
"This was maybe 10 years ago."- AUSpartan37College Football Win GIF by Michigan State FootballGiphy
His eyesight was better than we thought.
"Mr. Monopoly's monocle."- Additional_Day9903
It's not easy being green.
"I have a personal one that to this day a decade later still destroys my mind."
"I had an old(ish) 2001 dodge neon."
"With BLACK SEATS.'
"I drove this car for years and years, like 80,000 miles.'
'All through college."
"I took work breaks in my car, commuted hours every day total, to college and then the opposite direction to work and back."
"I even lived out of this thing on several occasions.'
'The day I go and trade it in, I'm pulling misc things out of the car at the dealer."
'And the seats are GREEN."
"Not even a little."
'Like very unmistakably GREEN."
"In my black Neon, with black interior, that ALWAYS HAD BLACK SEATS."
"My girlfriend then, wife now, goes oh they've always been green."
"EXCEPT THEY F*CKING WEREN'T DON'T LIE TO ME."
"This is still upsetting to this day..... life is a lie and nothing is real."- ZakuLegionWinona Ryder Omg GIFGiphy
An urban legend was born.
"Not a global one, just a family thing."
"Back in 2002 my grandma had her 60th birthday, my father took us home at 10.00pm, ready for bed."
"We, me and brother, were 12 and 14 at this time."
'All went well."
"Over the years, a story was made up that we went missing after visiting the local playground after dinner at said grandma's birthday party."
"Some neighbors help to search us, the whole train of 'missing children in a smal village'-thing."
"Fun fact: we never went missing."
"Dad brought us home, put on 'Toy Story' on tv and left."
"My brother and I heard first about this in 2015.'
"From different people on different occasions."
"'Ah your one of the missing boys'."
"I first thought they were mocking me for a different event.'
"I got lost, but it was 2013, alcohol inflicted, different story."
"But then they ALL tell us the same story about us going missing."
'And the stories are damn close to 'true' in every story my mum is driving around the same neighbors to different locations to search, old wine yard, old mill etc."
"Sometimes I think I got lost on the most brutal way."
"I was lost and changed this plane of existence with another one."
"It sometimes made me think about my whole life."- tjorben123missing kenny mccormick GIF by South Park Giphy
Memories are a fascinating thing.
They can be changed or altered with even the tiniest suggestion.
And making the truth seem less believable than lies.
One last time. One last meal.
How do you chose a last meal?
Let's hope we never have to find out.
People on death row get that option.
Do they deserve it?
Whose to say?
But they have it.
A steak. A pizza... Burger King.
The food world is their oyster.
Oyster. Also an option.
The menu is endless...
Redditor No-Caterpillar4212 wanted to know what our menu choices would be if we faced the end. They asked:
"You're on a death row, you have one hour left, they ask for your final meal - what is it?"
I'd want 2 hours in a Golden Coral with a bar. Covers it all.
Masailor moon cooking GIFGiphy
"Everything my mom has ever made."
"I want a nice filet mignon, medium rare, a baked potato with everything on it, and a nice Cabernet from a good year - I'm thinking 2135."
"'Sorry, we couldn't get the Cabernet from 2135. So instead of what could have been a great wine request from a more plausible period of time, you get this crappy stuff we sourced from Wal-Mart. Enjoy your meal, I hope that maintaining your sense of humor was worth it."'
"Something badly cooked so I will be sick and want to die sooner and have diarrhea so bad it will be a last revenge!"
"Taco bell it is!"
"If Taco Bell makes you poop a lot, it's a sign that you probably need more fiber in your diet."
The Yuck Factor
"A huge bowl of baked beans, a bowl of shredded wheat, a six egg omelette, and a gallon of apple cider. I'm gonna make it awful for everyone."
"Save yourself the hassle of eating all that, just ask for one pack of sugar free Haribo gummy bears. Should make for an interesting time for the folks watching you die."
"You void your bowels when you die too so that should be lovely."
PerfectFried Chicken Scandal GIF by ABC NetworkGiphy
"Fried chicken with some Fanta."
Fried chicken is on the top of everyone's list!
DetailsInterested GIF by Nick CannonGiphy
"150mg of MDMA. I’m dying happy."
"This should absolutely be allowed. If our leaders insist on the practice of capital punishment then the condemned should be able to ingest any substance they damn please."
"McFlurry. Those machine are always broken. I just bought myself some time."
"Is this like an American thing? I worked at a McDonald's in Denmark once and our machine was never once broken when i was there."
"I saw a video about this once. I'm a little fuzzy on the details but I think it has something to do with the contract that was signed in America. Only one company is allowed to do maintenance on the machines and they basically lock out if it's cleaned incorrectly. It's a crap system."
"Cabbage!! Add some cabbage. I don’t know if an hour if enough to take effect but there was an old coworker on a cabbage diet. Omg she smelled, like it was coming out of her pores. She knew she smelled and kept apologizing and reminding us of the diet."
The OG Always
"Olive Garden. Unlimited soup and breadsticks."
"I saw a sketch once, can't remember who it 2qs from. But a an inmate ordered the all you can eat buffet and had been eating for like 8 years. He's constantly on the toilet and takes micro-naps between bites."
"Unlimited for 1 hour. Cool."
How GoldenGolden Girls Dorothy GIF by HULUGiphy
"If my grandma is still alive her potato soup and cheesecake. Hopefully I'd be able to cook said meal with her one last time."
Let's hope none of us has to make this decision.
Most people have friends they've been close to for most of their lives.
But at the same time, friends evolve, and everyone finds themselves losing touch with any number of people they at one point considered their friends over time.
Most of the time, this isn't intentional, but just simply happens.
On rare occasions though, people might realize that their friends were not exactly who they thought they were, and didn't like who they revealed themselves to be.
Redditor One-Refrigerator69 was curious to hear stories of people who realized their friends were not exactly the nicest people to be around, leading them to ask:
"When was the moment you realized that your friends are assholes?"
Compared to others...
"When I started hanging out with better people."- Darklink326
All it took was getting my life together
"When I quit drinking ‘cos it was killing me."
"There were people I literally saw every single day who just disappeared as if by magic."
"12 years ago this week, as it happens."
"I’m not anti-drink, far from it."
"Some people, me included, just can’t enjoy it without it becoming a problem."
"Everyone is different."- bigdaftgeordie
A little perspective goes a long way.
"After I realized that other people don't sh*t on each other on every possible occasion in their circle."
"And that it isn't right when a 'friend' uses every known insecurity as an argument against you when you do not behave the way he/she would want you to."- ViscousPlatemanThe Simpsons GIF by MOODMANGiphy
Lack of respect for other people's things
"I let my friend borrow my ps2 when I went to boot camp."
"When I came back, he said he sold it and gave me $50 I think?"
"This was in 2006."- madmike-86
Lack of mutual respect
"When he does sh*t to me and acts like it’s no big deal, then I do the same back and he gets offended."- Primary-Maybe-2749·
Constantly being taken advantage of.
"They only bothered with me when it suited them."
"I'd rather have nobody than have to deal with that."- zombi33mjhappy eric cartman GIF by South Park Giphy
When they literally revealed themselves to be criminals
"When they robbed me at gunpoint."- Ok_Student8032
When they stopped liking them after a change of situation
"Fourth grade, when my parents economical situation went downhill and suddenly no one invited me to their birthday party."
"Until Seven years later no one had never invited me to their birthday, or to anything at all actually."- Justalittletoserious
Not being able to get a word in...
"When they tell me to shut up when I say anything."- the_golden_cheesela respuesta GIF by Becky GGiphy
Violently playing with emotions
"She got a boyfriend and would let him listen to our phone calls and not tell me, even if I was crying about personal stuff that I would only ever tell her."
"Then they both started lying to me about my crush liking me back, forcing both him and me into awkward positions, telling everyone we liked each other so they'd play along, swapping places constantly to make us sit next to each other, pressuring him into giving me a lap dance, making him kiss the prettiest girl in the room, etc, and encouraged me to shoot my shot more and more."
"All the while they knew he didn't like me, he had told them both directly."
"One night I was crying on the phone cause I was so confused why my advances weren't working, and they just kept explaining it away, blaming some other bullsh*t reason and telling me to try again."
"The next day they told me they were laughing throughout the whole call, because I didn't get it and I was so upset."
"I should add I had no dating experience at all and nobody had ever liked me at this point."- Juliemj
It's always sad when our friends disappoint us.
But when our friends proved to be completely different people than we thought they were, it can be devastating.
As the saying goes, one never truly knows who their friends are.
When visiting any foreign country, one should always be familiar with the laws and customs of the land.
After all, what might be generally accepted on your home turf, might be frowned upon, if not illegal, elsewhere.
For that matter, even locals might need a refresher course on what they can and can't do while at home.
A recent Redditor was curious to hear what tourists and locals alike should avoid doing in the USA, leading them to ask:
"In the United States, what should you never do?"
Stay out of the skies!
"Don't fly a drone in Washington, DC."
"The whole D.C. Area is a no fly zone."
"It's a federal offense."
"Just don't do it."- PeytonCarrK
Cops can't be bribed.
"Don't try to bribe cops when you get pulled over."
"I had some Argentinian friends immediately pull out their wallets and start pooling their cash when they got pulled over once.'
"Fortunately someone in the car noticed and told them to put it away immediately."- PeytonCarrK
"Don't pay off the police."
"My dad has friends from several third-world nations where it is common practice to give the police some cash when you are pulled over."
"However, if you try to bribe a police officer here, you'll get into a lot of trouble."- JohnASmiley
Know your rights.
"Everyone, including foreigners, has the right to be silent and have a lawyer when being questioned."
"Don’t say anything."
"Also, even if you speak English fairly well, ask for an interpreter."- WickedLilThing
Enjoy all that nature has to offer... carefully!
"Don't wander off in the national parks."
"It's very real wilderness and you can get lost and die out there."
"This includes going over railings you aren't supposed to, or off trails."
"People have died accidentally falling into a steam geyser that looked like normal water, mauled by animals or left to the elements."- AlphaOhmeganational parks GIF by Visit The USAGiphy
Allow plenty of time!
"Expect consistency at TSA in airports."- WickedLilThing
Some terminology doesn't translate...
"If you’re from England, they’re called cigarettes here."- Yung_Onions
Make sure your license is up to date.
"If you come from a walkable country don’t come here expecting the same."
"There are some areas with good public transportation and bicycle/pedestrian friendly streets but for the most part, especially outside of cities, the areas are designed to accommodate cars more than anything else."
"The reason a lot of Americans drive everywhere is because, depending on where you live, we have no choice."- The_Cars93Dog Driving GIFGiphy
Wait for instructions.
"Get out of your car and approach the cop when being stopped by a cop unless told to."- hildrash
Whether your'e waling down a street in a foreign country, or the street you've lived on for your entire life, it's always wise to be on guard and aware of your surroundings.
Not to mention, obey the law.