Compaq's initial definition of success was simply not going bankrupt
Rod Canion · Compaq Computers: Rod Canion · May 22, 2017 · at 8:15
Compaq co-founder Rod Canion reflects on the founders' initial modest goals and expectations when launching the PC company in 1982.
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“You know, it never crossed my mind that we wouldn't succeed, and as I look back now, I think, wow, that was such a long shot. You know, our expectations were very low. What did succeed mean? It didn't mean become the industry leader. It didn't even mean become one of the leading companies. It meant build a company that doesn't go out of business, that has a product, That solves a real need, and, ah, you don't lose money on it.”
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