How Nokia Blew A Big Lead in Mobile Phones! A Case Study for Entrepreneurs

Grab your notebook, take notes and join the conversation as Valuetainment brings you case studies with The Biz Doc - a new way to learn entrepreneurial lessons. Please subscribe, comment and share to help educate entrepreneurs from all over the world.

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[g.cervantes]

Tom is awesome. And nice signature phrase "I hope I left you better than how I found you" 👍🏼👍🏼👍🏼

[caffeinateddiabetic]

Just a point of correction that you can maybe add on the video as it plays for future viewers, it was Microsoft that bought Danger in 2008. Google bought the company Android, which was founded by a guy that left Danger in 2003.

[Beshladilawal]

" what got you here won't take you there "


that's deep!

[VladzTheScholar]

Thank you for these case studies! Absolutely love the series

[yearoldepicgamersoldier]

As a Finn this makes me incredibly sad. We are such a small country and to see one of our companies make it so big and then fall is so sad.

[andis]

I was in Nokia back in 2001, Cingular->AT&T in 2005 then TMobile in 2009, went through all of these in front of my eyes.

[Shawk]

Tom Ellsworth. I stumbled upon this channel today while surfing YouTube and boy I am so glad I did. I have subscribed immediately.

[damedane]

Love these kind of content, informative and entertaining.

[jouniosmala]

Nokia was pretty innovative company on engineering side, they had smartphones years before first I-phone.
Their management downplayed the innovation they had.
Nokia 7700, nokia n-gage, nokia communicator. From my perspective Nokia was relatively innovative company, however places where carriers decide which phone people get they went to cheaper models.
Also the path to what we consider normal feature phone took some innovation also.
Also Nokia made hundred different differently innovative phones, but they all where made on top of legacy operating system which they kept too long.

[charlesosterlund]

A few family friends as well ourselves were involved in Nokia back in the good days and this is exactly spot on. Nokia did not want to get with the times and follow the innovation that was happening. Due to this hubris and arrogance they are were they are today.... Great case study! Was eager to see this one!

[vika.k.avictormoyo]

Officially my online mentor... Thank you Patrick and the team. I like the way you are a team and as the founder (Patrick) how you have delegated and your team still carries the same culture, ambience of the channel. That's amazing... I'm taking notes. Great video... Loving the case studies... I'm so sharing this on Facebook... Getting the word out there.... My favorite channel.... #PatFan....

[worldwideearn]

Honestly, this show is a total WIN. Really amazing, can't wait for more videos.
There's still some room for improvement but even like this is awesome

[TheRandomOpera]

I find it very impressive and inspiring how you can do these videos without many cuts and maintain eye contact throughout. We definitely can learn many things from you. Thank you for making these videos.

[nicksmith]

Thanks to this video I made some awesome gains buying NOK. Your insights hit the nail on the head and made me look further into the company. I purchased a good amount of Nokia stock after viewing this video and realized they were more than a phone company and were under rated! Sold half my shares last week for some significant gains. This money is going into my business and is going to hopefully help me grow as an entrepreneur !

[fullthrottleclub]

Love how passionate you are about Motorsport from all your shirts 👍🏼

[omlaheja]

Please keep doing more of these case studies. They are so knowledgeable and interesting at the same time. :)

[udayrathod]

Can you please do a case study on TATA, it is a Indian Multinational Company makes everything from IT, Trucks to Salt, but I never understood their mindset of operating. Their Idea of Business.
Thank You.

[Shockzer]

They pretty much lost everything in 4 years... crazy. They obviously weren't interested in improving their products anymore so they should've sold. Great case study.

[orionNsirius]

I love the case study section. Thanks you guys for taking the time and effort to make this great content. With love from Malaysia.

[farukdeveci]

man truly a crazy story. I was one of the top sales ppl for T-mobile in Holland when they had just acquired Orange. I remember offering the candybar nokia phones to ppl with free car gps systems just to get the deal. While htc, samsung, lg and later Apple were hitting it big with innovative products, they were still relying on bulky phones with symbian. Look at them now. crazy how that guy said that they didn't do anything wrong. Says it all. Hey Tom! You hit it outta the park man. Keep em coming!