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You often come across stories of how a certain business house got eliminated totally due to its irrelevance. It does happen all the time. It happens to us also, but we choose to ignore it. We have a tendency to ignore painful things and dwell in a fake world filled with distractions.
Research says nothing exists forever. Everything follows a bell-shaped curve. It grows rapidly up to a certain point and then takes a downward trend. In most of the businesses and human lives follow this pattern. You just check it. A family reaches a zenith in terms of wealth and respect, and then goes down due to various reasons. It could be younger generations not able to live up to the mark due to exposure to affluence, thereby making them lazy in a nutshell or people getting older and becoming non-productive at all.
There is no escape from it. But careful management can always delay the process. Humans take time to learn things. This has been quite an uphill task for countries all the time. Countries that do not invest in studies end up being poor and chaotic. Those who have understood it early will progress a lot. As individuals, we also need to keep some funds to equip us with new knowledge. Knowledge is something that will be useful someday anyway. By the time people leave school or college or whatever, they just cut their ways from learning and equipping themselves with new knowledge. As a result, when a certain skill goes obsolesce, people find it hard. Businesses for business houses and skills and knowledge for individuals also go through expiry dates. When the time comes, it is time to jump ship. For you to understand the winds and make decisions accordingly.
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