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Lego $228m losses to the largest in the world using customer-centric approach
- aprao 6y agoCan someone clarify the title for me? I am not sure I understand.
- unstatusthequo 6y agoIt’s like they copied and pasted two unrelated things together. Bizarre
- Gravityloss 6y agoIt seems that it's telling about the company's positive turnaround. They were making 200 million of losses, but they did some changes and now they became "the largest" - whatever that means.
- SyneRyder 6y agoThis is like some bizarre kind of spam. The Twitter thread doesn't make any sense, the diagrams relate to 2014 events, and it all ultimately leads to a (paid?) email newsletter. But I'll admit I got a laugh from the Twitter user's business insight on the Where's Wally franchise: "Practice for 26 years, be in the right place at the right time. Instant success!". I think the author is a non-native English speaker, so I feel bad criticizing... but when the other retweets are "how to get $56k ARR in six weeks with paid newsletters", I'm very suspicious.
- leonagano 6y agoHey, yes, I'm non-native English speaker. Got lost on the title itself, but the article is how Lego made a turnaround from almost bankrupted to the largest toy maker in the world. I've been weekly writing free articles about pre-internet companies, the newsletter is not paid. Re: the Wally one, I tried to be funny with followers, because some people think those big hits happen out of the blue
- SyneRyder 6y agoAha! Thank you, that helps explain the title and the Where's Wally. Because of the tweets around it I missed the sarcasm of the Wally one :) Not sure if this helps, but to me the tweet analysis seemed a bit shallow. I know there's not much room in a tweet, but it was making each analysis remind me of the South Park episode with the business empire of the Underpants Gnomes (Step 1: Collect Underpants, Step 2, Step 3: Profit!). I think if you had submitted a link to a blog post rather than a tweet, and the blog post had more depth explaining everything that happened with Lego, I wouldn't have thought of it as weird spam. I like the idea of analysing business events from over 30+ years ago though, and I wish you good luck with the newsletter! And especially trying to write it in a second language - I've tried learning foreign languages but I'd never be able to write a regular business newsletter in them!
- leonagano 6y agoThanks for the suggestion. Yes, I’m learning the best way to do some businesses analysis on Twitter. Here is the link to my newsletter where I write in more details https://before90s.substack.com/p/lego-228-million-losses-to-worlds https://before90s.substack.com/p/lego-228-million-losses-to-...