Business Quote by John C. Bogle
“The reality of life is, if you have a bagel shop and everybody is pouring into the doughnut shop across the street, if you want to stay in business, you start selling doughnuts.”
About This Quote
Source Book: Common Sense on Mutual Funds by John C. Bogle, 1999
In competitive markets, adapting to consumer demand—like adding doughnuts when customers shift—ensures business survival.
In simple terms: Adapt to market demand to stay viable.
Key Takeaway
Pivot offerings to match customer preferences.
Themes
business strategy
adaptability
competition
Mood
pragmatic
strategic
Type
advice
business.
When to use this quote
- retail
- food service
- e‑commerce
- product development
Key Concepts
economics
consumer behavior
innovation
Questions to Reflect On
- What new product aligns with core brand?
- How will you communicate change to customers?
A Different Perspective
Changing focus may alienate existing loyal customers.
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