Are You Netflix or Blockbuster?

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in The Business of Business Finance

Remember when Blockbuster was the new threat?  I remember when video rental was the new technology destined to doom the movie industry.

This stock chart from the Wall Street Journal is a great reminder for those who feel somewhat satisfied with your position in your competitive marketplace.  As of mid-month, Netflix had a market value of $4.4 billion and the once mighty Blockbuster, $61 million.

This simple snapshot in history is a great reminder that the threats (and opportunities) for your future are constantly evolving, changing and looking to exploit your weakness.

Are you a Blockbuster or Netflix?

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