Success in business is all about finding a hole in the market and attacking it with vigor. Roy Raymond was able to found a small empire because he understood this. Roy Raymond’s genius was recognizing the need to remove shame from the process of buying unmentionables.
But… his story reads like a cautionary tale of how a brilliant opportunity can be seized and yet missed. After Raymond sold Victoria’s Secret to Leslie Wexner, he started a children’s retail store. It went bankrupt in 1986. Not long after, Raymond and his wife ended up getting a divorce. Found dead on in San Francisco Bay by the Coast Guard, hours after he was seen walking toward the Golden Gate Bridge, Mr Raymond never adapted to the brilliant opportunity he was part of creating. In other words, don’t give up on a good idea when times get tough, particularly if you’ve already experienced success with it. In nature and in business, adaptation is key to survival. 12/11/14
"People are getting dumb and dumber,Dad Seriously, I mean we have all this amazing technology and yet computers have turned into basically four figure wank machines. The internet was supposed to set us free, democratize us, but all it’s really given us 24 hour a day access to kiddie porn. People… they don’t write anymore, they blog. Instead of talking, they text, no punctuation, no grammar: LOL this and LMFAO that. You know. People pseudo-communicating , like now……………..
We have a bunch of idiots and I'm not talking about the idiots in D.C. I'm talking about the idiots in your neighborhood………….. There are some really interesting things on the internet besides Meth and Porn but apparently we Americans haven't gotten the memo.Knowledge is power and there is no better place to get knowledge than on the internet. 12/11/14
But… his story reads like a cautionary tale of how a brilliant opportunity can be seized and yet missed. After Raymond sold Victoria’s Secret to Leslie Wexner, he started a children’s retail store. It went bankrupt in 1986. Not long after, Raymond and his wife ended up getting a divorce.
Found dead on in San Francisco Bay by the Coast Guard, hours after he was seen walking toward the Golden Gate Bridge, Mr Raymond never adapted to the brilliant opportunity he was part of creating.
In other words, don’t give up on a good idea when times get tough, particularly if you’ve already experienced success with it. In nature and in business, adaptation is key to survival.
12/11/14