3rd generation businesses fail at a rate of 90%. This is where the jws are at now. Most companies gave up on unprofitable door to door sales in the 1970’s but the jws continued until 2020. Businesses that rely on a bricks and mortar presence are also on the way out. The watchtower is so big and has such an ineffective bureaucracy that they can’t react fast enough to market signals. One of our elders is an HVAC tech and had to get permission from a committee to fix the broken furnace in the Kingdom Hall.
Kodak
Eatons
Sears
Blockbuster
They along with the watchtower failed to adapt quickly enough to changing times