Don't lose faith in your own ideas

Author: JimBT200

Date: July 30, 2014

by JimBT200
7-30-14
"The concept is interesting, but to earn a better grade, the idea must be feasible." -- A Yale University professor in response to Fred Smith''s paper proposing reliable overnight delivery service.
Fred Smith went on to become the founder of Fed-Ex.
"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" -- Investors in the 1920's.
David Sarnoff led RCA for many years and tried to get investors to go in with him when he invested in Radio Stations.
"This ''telephone'' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." --Western Union internal memo, 1876.
Alexander Graham Bell just had to keep all the money for himself and his newly created AT&T.