Ending Soon! Save 33% on All Access

Why Some Smart Business Moguls Still Use 'Dumb Phones' Forget about the latest iPhone or Samsung device. The Nokia 6310, discontinued more than six years ago, is the phone of the elite.

By Brian Patrick Eha

Opinions expressed by Entrepreneur contributors are their own.

ultratechtalk.com

When it comes to consumer technology, many people are used to coveting the newest and shiniest gadget. So it may come as a surprise that a number of top executives and dealmakers are still clinging to ancient mobile phones.

Of these outmoded mobiles, one stands out as the clear favorite. By all appearances, it's the Nokia 6310, a model that was discontinued more than six years ago. Among its devotees, according to the Financial Times, are Martin Schulz, the president of the European Union's parliament; retail mogul Philip Green; and Julian Dunkerton, chief executive of clothing company SuperGroup, which is publicly traded on the London Stock Exchange and has a market capitalization of more than $1.6 billion.

Why would global leaders hang on to obsolete technology, especially in the high-flying, status-conscious set they move in?

For one thing, old Nokias were built to last: They are hard to damage (no touchscreen to worry about) and have a long battery life. Also, being less connected can actually be an advantage, improving your focus on what's important. With the Nokia 6310, "I'm not bombarded with emails every minute, allowing me to deal with the crucial stuff," Dunkerton told the FT.

And it turns out, an old "dumb phone" can actually serve as a status symbol. It signals to associates that you can't be bothered to check email every 10 minutes. Other people actually like the retro aesthetics.

If you feel the urge to go back to the future, you would do well to check online marketplaces. A search of eBay turns up a number of Nokia 6310 phones for sale, with "buy it now" prices ranging from $44 to $64. Not a bad price for a decent phone -- and a little bit of history.

Related: 5 Simple Steps to Be a Super-Confident Leader

Brian Patrick Eha is a freelance journalist and former assistant editor at Entrepreneur.com. He is writing a book about the global phenomenon of Bitcoin for Portfolio, an imprint of Penguin Random House. It will be published in 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.