AIB Featured Business Leader Steve Jobs
Born in San Francisco in 1955, Steve Jobs is a name that we are likely to never forget. Growing up in California’s tech hub ‘Silicon Valley’, it seems Jobs was always destined for great things. As a child he spent spare time with his father working on building electronics, and developed his interest in technology at a young age. After difficulties surrounding motivation in 4th grade at school, Jobs undertook a test which deemed him intelligent enough to skip elementary school and go straight to high school. His parents did not allow this however and he continued along the schooling path of others the same age as him.
In 1971, Jobs enrolled in Homestead High School where he met Steve Wozniak, his future business partner. After graduating high school, Jobs began studying at Reed College in Oregon however proceeded to drop out after six months. In 1976, Jobs and Wozniak started Apple Computers in Jobs’ garage. The venture was funded by the pair selling their most prized possessions – Jobs’ car and Wozniak’s scientific calculator. The Apple I earned the corporation $774 000, followed by the very successful Apple II which earned a whopping $139 million. Although Apple continued to grow, this was not without struggle for Jobs. He resigned from the organisation in 1985 after a series of misfortunes and was asked to step down by the board.
Following the resignation, Jobs proved his resilience by building from his failures and founded NeXT Inc in 1985, as well as purchasing The Graphics Group (later renamed Pixar) in 1986. Ten years later and after a number of successes, Apple announced that it would buy NeXT for $427 million and that Jobs would be returning to the organisation he once co-founded. He proceeded to regain the title of Chief Executive Officer of Apple by September 1997.
Jobs is credited for his outlook on innovation and optimistic attitude. In a speech given in 2005 at Stanford University he highlighted that being asked to step down from Apple in the 1980’s was the best thing that could have happened to him. Other notable quotes of Jobs’ include “details matter, it’s worth waiting to get it right” and “innovation distinguishes between a leader and a follower”. It is clear that despite resigning from Apple in August 2011 and passing away later that year, he has made a monumental impact in the world of technology and business as a whole.
Have you got any Steve Jobs quotes or stories that you would like to add to this recount? I would love to hear of them and discover what you have learnt from his remarkable career. Alternatively, would you like to see any other business leaders featured? Please let me know in the comments box below.
This article was written by Laura Hutton on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB. The following sources have been used to prepare this article: Thought Catalogue