How to Think Straight
The Double Win
Michael Hyatt
4.8 • 1.5K Ratings
🗓️ 4 September 2018
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Lead to Win is brought to you by Leader Box, a monthly reading experience curated by Leaders, |
| 0:06.4 | for Leaders. |
| 0:07.8 | Learn more at Leaderbox.com. |
| 0:11.8 | What's the worst business decision of all time? That's tough because there's a lot of competition. |
| 0:18.0 | What about Napoleon selling the Louisiana Territory to the United States? |
| 0:24.8 | Eleven and a quarter million dollars was a lot of money, especially back then. |
| 0:28.3 | Even so, it was only 22 cents an acre. |
| 0:31.4 | How about 20th century Fox selling George Lucas the merchandising rights to Star Wars for just $20,000. |
| 0:39.1 | Three billion dollars later, that seems a little short-sighted. In 1876 Western Union could have bought the rights to the telephone for only a hundred thousand dollars. |
| 0:48.0 | They told Alexander Graham Bell he could keep his quote electric toy. |
| 0:52.0 | And in 1962, Decker Records told Brian Epstein |
| 0:56.2 | that four-piece bands with guitars were finished in the record business. So he took |
| 1:01.3 | his clients to Parlophone, who were only too happy to sign the Beatles to a recording contract. |
| 1:08.0 | Political and military leaders aren't exempt from Blenders either. |
| 1:11.0 | In 1812, Napoleon invaded Russia, predicting a short campaign. |
| 1:15.3 | It was short all right. |
| 1:16.5 | Bitter cold forced his beleaguered army to retreat after just six months. |
| 1:20.4 | A century later, Hitler invaded Russia. He too predicted a short campaign. |
| 1:24.4 | When the German advance was stopped that same year, Hitler blamed, you guessed it, the |
| 1:28.8 | extreme cold for his failure. Richard Nixon's decision to cover up Watergate. |
| 1:34.0 | Kennedy supporting the Bay of Pigs Invasion. |
| 1:36.4 | The launch of new Coke. |
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