Posts Tagged ‘Steve Jobs’

The Week Unpeeled

Presidential campaign pollsters were busy all week with Republican candidate Mitt Romney by most media accounts gaining the upper hand in the first debate on Wednesday and the jobs numbers Friday showing “headline” strength (September jobless rate fell below 8.0 percent to 7.8 percent (the lowest point under President Obama) from 8.1 percent.  Jobs grew in the month by 114,000 and prior months totals were revised slightly higher.  In short: analysis was right direction not strong enough.

Elsewhere:

  • Turkey returned fire and attacked targets inside Syria last week, raising concerns about ongoing conflict with new heat in the region;
  • Facebook reached 1 billion active users, doubling membership since just July 2012;
  • BAE and EADS merger was reportedly close to collapsing as states remained deadlocked over state ownership stakes and the location of the combined company's headquarters;
  • The London market finished the week on a high after a drop in the US unemployment rate boosted investor confidence, while the Dow rose 1.3 percent for the week to end near a five-year high at 13,610;
  • Figures released by Visa Europe revealed UK consumer spending rose month-on-month by 3pc in September 2012, showing consumers are returning to the shops
  • The biggest change to British pension schemes for more than 100 years started on Tuesday; 9m people were automatically signed up for workplace schemes; and

The weekend saw tributes to Apple’s Steve Jobs, who died one year ago Friday. End of Story

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Return on Luck: Four Leaf Clover

After losing a power struggle with the board of directors in 1985, Steve Jobs was fired from Apple.  This event could have ended his career, but instead, Jobs seized an opportunity:

“Getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.”

Jobs went on to found Next, a computer platform company and acquired the computer graphic department which became known as Pixar.  Apple ultimately purchased Next and, as a part of the deal, Jobs was named Apple advisor. As Apple neared bankruptcy, Jobs was named CEO.

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Steve Jobs TIME CoverI was recently struck by what Andy Hertzfeld, a member of original Macintosh team who is now an engineer at Google, said about Steve Jobs, following his passing:

Mr. Jobs made a lot of money over the years, for himself and for Apple shareholders. But money never seemed to be his principal motivation. One day in the late 1990s, Mr. Jobs and I were walking near his home in Palo Alto. Internet stocks were getting bubbly at the time, and Mr. Jobs spoke of the proliferation of start-ups, with so many young entrepreneurs focused on an “exit strategy,” selling their companies for a quick and hefty profit.

“It’s such a small ambition and sad really,” Mr. Jobs said. “They should want to build something, something that lasts.” (New York Times)

Isn’t that the true essence of an entrepreneur? I find this to be the case time and time again.

Last week I had the pleasure and the privilege to have a long and substantial conversation with a client-entrepreneur who happens to be worth billions.  You know what?  He's as passionate about growing his business today as he was when it was 10 people. He wants to leave a legacy of lasting value and he comes to work every day (he certainly doesn’t need to) to be challenged and exhilarated by the opportunity to continue to grow his business.  This, to me, is at the essence of the true entrepreneur.

As our country struggles to figure out its path to growth and recovery, it is people with the spirit of Mr. Jobs - who are focused on much more than the fast buck or the payout - that will add real value, create jobs and inspire dreams.

As I head to Notre Dame University to serve as an entrepreneur-in-residence this week, I am humbled by the memory of Steve Jobs and honored to be in the position to perhaps inspire a few young minds to adopt his philosophy for creating lasting value. CJP

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2 comments Written on October 11th, 2011 by
Categories: Entrepreneurship
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Jonathan Mak's Apple Logo for Steve JobsThe Week Unpeeled

The death of Steve Jobs was understandably central focus of the media last week, with many outlets issuing special editions (great one from BloombergBusinessweek whose layout was as simple and elegant as Apple’s designs), and the tributes highlighting his genius in technology/design and branding/marketing. (Did you know that MoMA has 25 Apple products in its permanent collection?  Thanks, James Stewart in The New York Times on Saturday.) One of the best tributes was the graphic to the right created by a Hong Kong design student, Jonathan Mak, 19, which became viral wallpaper but was still simple, elegant and anything but cute.

Elsewhere:

  • The US jobs picture improved a bit, with non-farm payroll rising by 103,000 in September and the August number revised upward to 57,000 from zero;
  • Walt Disney CEO Iger announced plans to retire in 2015;
  • Google said it would provide YouTube $100 million to help create original content;
  • Chris Christie said he would not run for president, claiming “this is not my time”;
  • Nobel Peace Prize awarded to three women in Africa and the Middle East (see below); and
  • The Dow climbed 1.7 percent to end at 11,103, rising for the second week in a row.

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Steve Jobs LegacyI know I am just another voice in the gathering throng that is coming forth with anecdotes and remembrances of how Steve Jobs’ reign as Apple CEO changed their lives, but allow me this indulgence.

I will never forget the Christmas we received our first Apple computer, the IIc.  I remember that it had a built-in (gasp!) 5.25" floppy drive.  I also remember that we rigged it up to a thirteen inch color TV so that we could play Stickybear Bop in color.  The monochrome monitor was reserved for Zork.

I remember when we upgraded to a Macintosh LC.  "50 megabites [sic] hard drive," the salesman told my dad.  "You could run a small country with that much capacity." (Note:  I am currently carrying a 32GB flashdrive.  In my pocket.)

I remember the Powerbook 140 (monochrome) that I took to college that I think cost more than the last three iMacs I have purchased combined.  I still have (and still use) the PowerPC 8100/100 that replaced that PowerBook in my junior year.  That was the first machine that I ever used to access the Internet.

After graduation and upon entering the business world, I came to realize that there didn't seem to be a place for Macs or even Apple for that matter. Seven years of frustration ensued. However, when my Windows laptop started making funny noises several years back, I decided to rekindle my relationship with Apple, and purchased a MacBook Pro.  I already had an iPod, that wonder of wonders, and it just felt right to go back to my roots.  I have never looked back.

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No Comments » Written on August 25th, 2011 by
Categories: From the News
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