Quote:
Originally Posted by Far-L
He is an intelligent guy, but imho as one of his peers, he also suffered during that period from the curse of pride... which goes before the fall.
I call it "rockstar syndrome".
Someone becomes highly successful. Everyone kisses his ass and tells him how great he is and how he can do no wrong. An arrogant feeling of invincibility sets in. Then the market changes and suddenly all those people agreeing to every bad idea are gone and so are the customers that don't want to be subjected to the same thing over and over by a King that no longer cares what the subjects think, or need, or want.
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This is precisely what I experienced over and over and over.
Not sure if being in adult and the stigma around it (which is hard to deal with for most, no matter if they ever admit it) is an important factor, combined with a generally lower level of business experience and / or education.
Seen some ridiculous displays of grandeur and delusionality over the years from people who made money, but simply forgot that somebody still has to actually buy their product.
People that didn't get that a mentality that tells you that "the rest of the world is stupid and simply doesn't understand our vision" is a safe way to bankrupcy.