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Thousands of subscribers were cancelled, which led to a hasty reversal and a subsequent plunge in share prices. Since then it has grown into a global streaming superpower and even produces and wins awards for its own movies and TV shows. LEGO Sometimes in business you can feel like fate is against you. That's probably how the boss of LEGO felt in the early 2000s when the woodworking business suffered three major fires in the space of forty years.

Yet each time it persisted until a final fire the next year led to the end of wooden toy production as it focused entirely on the small plastic building blocks that had become popular. Focusing on its core products also helped years later when financial difficulties almost spelled Belize Phone Number List the end for Lego, so it sold its theme parks and started over making only quality toys. These Ford stories should show that any business can face tough times. It's another example of how even a brand as famous and ubiquitous as Ford struggled in the early 2000s, along with all the other big automakers. Like Lego, Ford needed to divest itself of non-essentials to get out of trouble, so it sold off many of the brands it had purchased over the years.




This along with government bailouts helped Ford return to profitability How Your Images Can Improve Your SEO Next Post Productivity Mistakes You Make in the First Minute of the Workday Editor This is the editorial office of Home Business Magazine. The opinions of the actual author of this article are entirely his or her own and may not always reflect the views of the editorial department and Home Business Magazine. For business inquiries and submissions please contact. In order for your product to be reviewed and considered for inclusion.