After years of disappointing product launches Microsoft CEO Steve Ballmer will retire at some point in the next 12 months.
From Windows Vista to Windows 8 to the Surface tablet to the Xbox One getting trounced by Sony’s Playstation, there have been too many products that have fallen flat. Meanwhile Microsoft’s competitors have become stronger and in some instances completely dominated the marketplace.
To me this underlines the importance of never sitting back on your laurels. The same holds true for your finances. Many of Microsoft’s most recent products were a reaction to a competitor’s innovation. Likewise we can’t wait until something happens to change our finances, we have to think ahead, plan in advance, and start making changes now.