Missed opportunities...

I was speaking with my father this weekend and the subject came up of missed opportunities. I always lament that I should be one of the people that made a fortune during the internet boom, but alas, I had no vision at the time. Anyway, my father reminded me of what happened to him…

Forty-some odd years ago, my dad opened up a land surveying business in northern New Mexico. It was difficult those first few years for him and my family. Jobs came in slowly, but he did a good job and charged a fair price, so gradually his reputation built up. It was during this time that he was asked to survey a ranch.

It wasn’t that big of a job, but it was probably the biggest he had gotten since going into business for himself. For a struggling man with two small children and a wife to look after, this job was a godsend. However, when it was finished, the woman who ordered the survey asked if he could possibly, in lieu of cash, take a painting as payment.

Today, my father would probably take her up on it, as he is very successful and it seemed like the woman could’ve used some financial help. Back then, though, he really needed the money, so he politely declined. She said that was fine and paid the balance in full.

The place he surveyed is in Abiquiu, New Mexico, and the woman’s name was Georgia O’Keeffe.

I first heard that story a few years ago when we re-surveyed Ghost Ranch. I asked him why he declined the painting, as she was already famous when he did the survey. He said he really needed the money and that regardless, he had never heard of her. I don’t think he was pulling my leg, but it is possible.

In any case, please share your stories of missed opportunities.

That is a great story Lazlo…How much do you think that painting would be worth today?

I’ve heard her paintings demand a pretty penny!

:smack:

I was in grad school at the University of Illinois-Chicago, when the comp sci department at the Champaign-Urbana developed Mosaic, which became the first widely-used Web browser. My department was on the public beta-test. I played with it for a while, then said to myself, “Nah. It’ll never replace FTP.”

:smack:
:smack:
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Imagine the job opportunities from knowing HTML in 1993 …

Funny you should mention that SC, because Mosaic has to be one of the world’s biggest missed opportunities.

University of Illinois: “Nah, this will never make money. Let’s not try to sell it or license it or even really develop it. Someone else can have those millions of dollars.”

I heard this one from a priest in his homily, so I’m assuming it’s okay to pass it on.

Father P was preparing to enter seminary school when he was approached by a school buddy who had just returned from overseas (WWII I’m guessing). The friend was urging P to forsake the priesthood and go into business with him, opening a restaurant that served a wonderful new food he had discovered in Italy.

Father P went into the seminary, and his friend opened the first Pizza Hut.

I’m guessing that Father P did not truly count this as a missed opportunity.