In 1884, George Eastman patented rolled photographic film and within a few years created the camera that could use that film. The first camera was sold in 1900 for $1, bringing family photographs to American homes for the next century. His firm, The Eastman Kodak Company, went on to create the film used on the Apollo 11 missions and eventually became a household name that controlled 90 percent of the market share for photographic film in the U.S.
Sadly, Eastman Kodak, one of the most innovative and profitable firms in the U.S., filed for Chapter 11 bankruptcy in 2012. Despite its cutting edge research, Kodak simply failed to seize opportunities such as the invention of a specialized coating product described in The Telegraph:
The technology is one of countless innovations that Kodak developed over the years but failed to successfully commercialize, the most famous being the digital camera, invented by Kodak engineer Steven Sasson in 1975. Digital technology has all but done in the iconic filmmaker. Since 2003, Kodak has closed 13 manufacturing plants and 130 processing labs, and reduced its workforce by 47,000. It now employs 17,000 worldwide, down from 63,900 less than a decade ago
Business mistakes are made one of two ways. The first is to accept a bad business proposition and invest in a losing venture. The second is to forego a good business idea and leave money on the table. Some are so afraid of the first error that they fall prey to the second.
God’s Word tells us to make the most of opportunities with respect to people around us, and we can do this by being ready, available, and watchful.
Be ready to answer questions about the hope that we have in Christ.
Upon graduation, students are able to jump into the work force because they studied in school and left college prepared to face the challenges ahead. In our daily lives, we’ll encounter many opportunities to share hopewith others, so we too need to be prepared.
I charge you in the presence of God and of Christ Jesus, who is to judge the living and the dead, and by his appearing and his kingdom: preach the word; be ready in season and out of season; reprove, rebuke, and exhort, with complete patience and teaching. (2 Timothy 4:1-2)
But in your hearts honor Christ the Lord as holy, always being prepared to make a defense to anyone who asks you for a reason for the hope that is in you; yet do it with gentleness and respect. (1 Peter 3:15)
Be available to others rather than be buried in our own lives.
Ministry needs often arrive at the most inconvenient times. Being available to others, rather than filling every minute of the day with activity, even good activity, gives us the flexibility to share hope with others.
And behold, a Canaanite woman from that region came out and was crying, “Have mercy on me, O Lord, Son of David; my daughter is severely oppressed by a demon.” But he did not answer her a word. And his disciples came and begged him, saying, “Send her away, for she is crying out after us.” …Then Jesus answered her, “O woman, great is your faith! Be it done for you as you desire.” And her daughter was healed instantly. (Matthew 15:22-23, 28)
Be watching for opportunities that God brings our way.
Pastor Truman Herring in Florida taught me that sometimes the circumstances we face are not what they appear to be. What I might think is a broken down car is actually an opportunity to meet the mechanic who will fix my car. Or what I might think is an unreasonably long wait in the doctor’s office is actually an opportunity to connect with another person about to face a scary medical issue.
Walk in wisdom toward outsiders, making the best use of the time. Let your speech always be gracious, seasoned with salt, so that you may know how you ought to answer each person. (Colossians 4:5-6)
We’re to make the best use of the time, not so that we can check the most items off our to-do lists but so that we can walk in wisdom toward outsiders. And to do this, we must be ready, available, and watching for opportunities.
Eastman Kodak missed opportunities because they were stuck doing what they always did: making photographic film. From a Wharton article:
When new technologies change the world, some companies are caught off-guard. Others see change coming and are able to adapt in time. And then there are companies like Kodak—which saw the future and simply couldn’t figure out what to do. Kodak’s Chapter 11 bankruptcy filing on January 19 culminates the company’s 30-year slide from innovation giant to aging behemoth crippled by its own legacy.
Let’s not join the ranks of Kodak and forgo the opportunities around us. As we launch into the New Year, let us make the best use of our time with respect to others.