“Once you’re good at connecting consumers with advertisers, it’s hard to be good at anything else.” - David Sarnoff
Anybody out there have a take on what it could mean? Maybe that it’s easy to get comfortable with money?
I think it is in part because of that comfort, the rest due to momentum, culture, and the business processes in place. Pre-Internet, these companies very finely tuned everything they did around that single mechanic, because it was so well known and easy to measure. That in turn shaped their culture, and now it shapes every decision & ‘new venture’ that comes out of them, no matter the medium.
The risk of having a successful business, without having a strong culture around a mission, is that you trap yourself trying to replicate & maintain the first success.