The Failure Steve Jobs And Henry Ford Have In Common

We all know that Steve Jobs and Henry Ford have a lot of success in common. They both created something that the world went crazy for that made them both uncounted millions. In Henry Fords case it was the car of course and in Steve Jobs case it was the earliest personal computer systems. In both cases they revolutionized the world for better or for worse.
One failure that they have in common is that they both tried to create a new version of their original invention that was named after one of their children and in both cases it was a failure. In Henry Fords case it was the "Edsel." It was first released in 1958 and it was named after his son Edsel Ford who had died in May 1943. The model lasted less than three years and after selling poorly finally disappeared from showrooms nationwide. One of the biggest complaints that some consumers had about the "Edsel" was that its front nose design to some people resembled a toilet bowl.
For Steve Jobs the failure first began in 1978 shortly after the birth of his daughter Lisa. He got the idea to name the new computer system he was building "The Lisa." It took about 4 years and it cost an estimated 50 million dollars to develop and it debuted in early 1983 at a cost of $10,000 a copy. After two years and only about 100,000 units sold and many revisions to the original design the project was largely abandoned and replaced with a new computer system called "The Mackintosh" which after it debuted sold over 70,000 units in three months and went on to be much more of a success.