26/05/2026
Daily Motivation
*The Price Of Not Taking The Right Action At The Right Time*
I saw this interesting piece written by Ngozika Oli. It's a good case of: vision, innovation, business strategy, moving with the time, and sense of mission. You will get value in it.
Read:
"Do you know why fraudsters are called Yahoo boys?
Because Yahoo was once the undisputed king of the internet.
There was a time when Yahoo was everything. Emails, news, weather, chat rooms, music, even dating. If you were online in the late ’90s and early 2000s, you were probably using Yahoo.
Then came two nerdy guys: Larry Page and Sergey Brin, with a better search engine. In 1998, they offered to sell their new project, Google, to Yahoo, for just $1 million.
Yahoo said NO.
Why?
Because Yahoo didn’t see the value in search.
They believed their goal was to keep users ON their platform, not help them leave by searching the wider web.
Fast forward to 2002.
Yahoo realized Google wasn’t just another search engine.
It was growing fast, and taking over the internet. So Yahoo came back to the table.
This time, they offered $3 billion to buy Google.
But now it was Google’s turn to say no.
Larry and Sergey knew what they had.
They believed their idea was worth more, and they were right.
Today, Google is worth over $1.5 trillion.
Yahoo? It was sold off in pieces for less than $5 billion.
How Yahoo Went From King to Cautionary Tale:
1998: Declined to buy Google for $1M
2002: Tried again for $3B, and got rejected
2003–2005: Bought several companies, including Flickr and GeoCities, but didn’t innovate or scale them properly
2008: Rejected a $44.6B acquisition offer from Microsoft (thinking they were still worth more)
2016: Yahoo was sold to Verizon for $4.83B, a fraction of what it once was worth
5 Brutal Business Lessons from Yahoo’s Fall:
1. The opportunity you ignore today might be your biggest regret tomorrow. Always be willing to explore early-stage innovation.
2. Don’t let short-term thinking blind you to long-term growth. Yahoo was focused on keeping users on their platform. Google was focused on helping users get what they need fast. That difference changed everything.
3. Your greatest threat is often the thing you don’t take seriously. Google started small, but it was obsessed with doing one thing really well: search.
4. You can’t buy your way into innovation. Yahoo tried to catch up by acquiring companies (Google, YouTube, Tumblr, etc.) but they didn’t have the culture or clarity to scale them.
5. Success can make you blind. Stay humble and hungry.
Yahoo got comfortable. Meanwhile, Google stayed scrappy, user-focused, and relentlessly innovative.
Moral of the story?
Vision beats valuation.
And staying relevant requires reinvention—not just recognition.
Now to you, what are you doing today that your future business won’t regret?"
I often recommend to business owners and professionals to be visionary and informed in order to stay relevant. You should know your market and be among the first players that will get to the future before competition.
In all you do in business, be innovative and customer-centric. Let everything you do in the business be about delighting the customer and bringing value. This is how to succeed and this is where Yahoo got it wrong. Yahoo was more transactional in the case and they paid heavily for it!
Knowing what you now know, what are you going to do differently in your business? Let's have your feedback on the case.
Move from good to better, then to best.
George O. Emetuche,CES
The Selling Champion.