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Steve Jobs on getting fired from Apple Asked what his greatest weakness is, Steve Jobs replies: “I think all of us need to be on guard against arrogance, which knocks at the door whenever you’re successful.” Steve reflects on what many have called his “wilderness years” — the 12...

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Replit CEO Amjad Masad on the “most gangster story in Silicon Valley” In September 2021, Replit founder Amjad Masad tweeted: “The most gangster story in Silicon Valley is Steve Jobs buying Pixar for $5m, investing $50m, operating at a loss for a decade — so much so he had to cut personal checks every month to make payroll and somehow turning it around to exit for $7B to Disney.” He expands on this in his interview on the My First Million podcast: “The thing I like about the Steve Jobs story is when he was lost in the desert for 10 years. He was fired from Apple, and then he created two companies that were failing the whole time. NeXT Computer and Pixar were literally failing, and he was investing more and more of his own money. At that pace he was going to go broke, but he kept going for 10 years. How do you do that?” Eventually the success of Toy Story, the first fully computer-animated feature film, helped make Pixar’s 1995 IPO one of the the most successful of the decade. And Apple used the NeXt operating system as the foundation for macOS. But both ventures took the better part of 10 years. Interestingly, the 12 “wilderness years” between getting fired at Apple and coming back was the most pivotal period of Steve Jobs’s life. His work with Pixar and NeXT helped him grow into the leader capable of taking Apple to unimaginable heights when he returned. Video source: My First Million Replit ⠕ Amjad Masad (2024)

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246,433 просмотров • 10 месяцев назад

Replit CEO Amjad Masad on the “most gangster story in Silicon Valley” In September 2021, Replit founder Amjad Masad tweeted: “The most gangster story in Silicon Valley is Steve Jobs buying Pixar for $5m, investing $50m, operating at a loss for a decade — so much so he had to cut personal checks every month to make payroll and somehow turning it around to exit for $7B to Disney.” He expands on this in his interview on the My First Million podcast: “The thing I like about the Steve Jobs story is when he was lost in the desert for 10 years. He was fired from Apple, and then he created two companies that were failing the whole time. NeXT Computer and Pixar were literally failing, and he was investing more and more of his own money. At that pace he was going to go broke, but he kept going for 10 years. How do you do that?” Eventually the success of Toy Story, the first fully computer-animated feature film, helped make Pixar’s 1995 IPO one of the the most successful of the decade. And Apple used the NeXt operating system as the foundation for macOS. But both ventures took the better part of 10 years. Interestingly, the 12 “wilderness years” between getting fired at Apple and coming back was the most pivotal period of Steve Jobs’s life. His work with Pixar and NeXT helped him grow into the leader capable of taking Apple to unimaginable heights when he returned. Source: My First Million Amjad Masad (Dec 2024)

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53,607 просмотров • 2 месяцев назад

Steve Jobs on why the Beatles were his business model: In a 60 Minutes interview, Steve Jobs is asked about his approach to business. His answer? The Beatles. "My model of business is the Beatles. They were four very talented guys, four guys who kept each other's negative tendencies in check. They balanced each other and the sum was greater. The total was greater than the sum of the parts." Steve explains that this is how he sees business: "Great things in business are never done by one person; they're done by a team of people." He points to what happened when the Beatles split up as evidence: "When the Beatles were together, they did truly brilliant, innovative work. And when they split up, they did good work, but it was never the same. And I see business that way, too. It's really always a team." When asked about his biggest strength as a person, Steve's answer reinforces this team-first philosophy: "I've been very lucky in meeting incredibly talented people and hanging out with them. And so that's been my greatest strength." But Steve also warns about what can undermine great teams — arrogance: "All of us need to be on guard against arrogance which knocks at the door whenever you're successful." When asked if he'd lived through that himself, Steve acknowledges he had. The interviewer points to Apple's initial success and the sobering reality of competitors catching up. Steve goes further: "As you may know, I was basically fired from Apple when I was 30 and was invited to come back 12 years later. So that was difficult when it happened, but maybe the best thing that ever happened to me. There wouldn't be a Pixar if that hadn't happened. And so you know, you just move on. Life goes on and you learn from it." Asked if returning to Apple at 42 felt like sweet vindication, Steve's response reveals his broader outlook: "No. I thought at that moment what a circle of life. Life is just always mysterious and surprising and you never know what's around the next corner."

Emmett Voss

107,778 просмотров • 3 месяцев назад

Marc Andreessen on what made Steve Jobs great “There’s basically two stories about Steve you hear. One is that he was a saint and perfect in all regards, which was somewhat true. The other story that you hear is he was a screaming lunatic and would just run around, yell at people in elevators, fire people in meetings, and all these awful, horrible things… I think the reality was somewhere in the middle.” Marc continues: “At least what I saw — and what I’ve heard from people who worked with him for a very long time — was he was absolutely intolerant of anything less than first class work. If you brought him first class work, and you were top in your field, super diligent, on top of everything, had all the details figured out, and knew what you were doing, he was the best manager you were ever going to work with and the best CEO you were ever going to work with. And the thing that comes up from people who worked with him closely was, ‘I did the best work of my life working for him.’ Part of that is because he really appreciated and understood the quality of great work. And the other part was he didn’t tolerate anything less than that, which meant that everybody around you also hit that bar.” People forget though that Steve matured a lot along the way too. He had failures like the Lisa, which came before the Macintosh, and of course, he was fired before coming back to Apple 12 years later. “He learned a lot from the failures,” Marc explains. “And now everyone has forgotten about the failures, but you can read about them on Wikipedia.” Marc believes it was the 12 years he spent building NeXT and Pixar where Steve learned to be a great CEO before coming back to Apple: “People who knew him better than I did said he learned how to be a great CEO, not at Apple, but at NeXT, because he spent 12 years doing it the hard way where he wasn’t being showered with praise. He didn’t have the magic touch. The product fundamentally didn’t take. He had to pivot.” Marc tells a great story of Steve insisting on the NeXT computer being a perfect cube even though it would double the cost. He got his cube, but it was slow, expensive, and completely flopped: “Nobody wanted it. He pivoted the company to software. Nobody wanted the software… Anyway, the point is that was really hard… He had to try to figure out how to optimize it the hard way and retain a team through basically 12 years of failure.” Marc concludes: “People say he had this incredible growth and innovation skillset from Apple phase one. And then he had an incredible management skillset from the sort of wilderness years. And so by the time he came back to Apple in 1997 he at that point a great CEO, but maybe he wouldn’t have ever become the Steve Jobs that we know had he not gone through the hard period.” Video source: a16z speedrun 🧊 (2025)

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86,840 просмотров • 9 месяцев назад

1996. Steve Jobs is asked on television what went wrong at Apple. He hasn't worked there in over a decade. Within a year, Apple will buy his company NeXT and bring him back. Within 18 months, he'll be running the place. He doesn't know that yet. Nobody does. At this point, he's running NeXT, a small software company, and Pixar, which just released Toy Story. Apple is falling apart. The stock is collapsing. The company has lost over a billion dollars. Its market share has dropped from 18% to around 4%. WIRED will put Apple's logo on its cover, wrapped in barbed wire, with the word "Pray." The interviewer asks Jobs what happened. His answer is one paragraph, and it's basically the entire turnaround strategy he'll execute a year later. He says when he left Apple ten years earlier, they were ten years ahead of everybody else. It took Microsoft a full decade to copy what Apple had built. But Apple stopped. "Even though it invested cumulatively billions in R&D, the output has not been there, and people have caught up with it." He says Apple's advantage over Microsoft has eroded. And then this: "The way out is not to slash and burn. It's to innovate. That's how Apple got to its glory, and I think that's how Apple could return to it." When Apple bought NeXT in December 1996 and brought Jobs back as an advisor, things got worse before they got better. By September 1997, Apple was about 90 days from running out of money. The board made Jobs the interim CEO. He cut 70% of the product line, but not to save money. He cut it so the remaining 30% could be great. He launched Think Different. He built the iMac. Then the iPod. Then iTunes. Then the iPhone. Then the iPad. Every single one of those products was the "innovate, don't slash and burn" philosophy from this interview, applied over and over for 14 years. He also says something in this interview that stands out. He says the most exciting thing in software is the internet, and the reason is "no one owns it. It's a free-for-all. It's much like the early days of the personal computer." He says if any one company gets a dominant position, "the rate of innovation is going to drop precipitously." He's talking about Microsoft. But he could be talking about 2026. Apple is worth about $3.7 trillion today. When this interview was filmed, Apple was worth about $3 billion and falling fast. Jobs walked back into Apple nine months later with no title, no authority, and the same diagnosis he gave on camera in this clip. Video: Steve Jobs Television Interview, 1996. Original broadcast footage.

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Larry Ellison on what made Steve Jobs great “Steve was my best friend for about 25 years. We were neighbors in Woodside and his peacock wandered onto my property and woke me up. His girlfriend had given him a peacock and I came over to complain.” Steve replied: “You don’t like that bird either?” Larry recalls how Steve made him watch 73 different versions of Toy Story: “I said I’m not coming over if you make me watch Toy Story again… Now I know the new version is 4% better than the one I saw last week, but I’m not watching this thing again. And he’d say: ‘Larry, you won’t believe how different the shadows look.’ But that was Steve. Until it was perfect. And then once it was perfect, he moved onto the next problem.” Larry believes obsessing over a product until it was perfect was a huge part of what made Steve Jobs great: “If you want to know you’re like Steve Jobs, it’s very simple. You’re unable to think about anything other than serious problems at work. That’s all you can do, and you obsess about it until you solve it. And then you move on to the next thing. And you obsess about that until you solve it… If you have that kind of obsession combined with Picasso’s aesthetic and Edison’s inventiveness, then you are the next Steve Jobs.” He continues: “Apple became the most valuable company on earth and it wasn’t even one of Steve’s goals. He wasn’t trying to be rich. He wasn’t trying to be famous. He wasn’t trying to be powerful. He was obsessed with the creative process and building something beautiful.” Source: The Wall Street Journal (May 2012)

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217,670 просмотров • 3 месяцев назад

Larry Ellison on what made Steve Jobs great “Steve was my best friend for about 25 years. We were neighbors in Woodside and his peacock wandered onto my property and woke me up. His girlfriend had given him a peacock and I came over to complain.” Steve replied: “You don’t like that bird either?” Larry recalls how Steve made him watch 73 different versions of Toy Story: “I said I’m not coming over if you make me watch Toy Story again… Now I know the new version is 4% better than the one I saw last week, but I’m not watching this thing again. And he’d say: ‘Larry, you won’t believe how different the shadows look.’ But that was Steve. Until it was perfect. And then once it was perfect, he moved onto the next problem.” Larry believes obsessing over a product until it was perfect was a huge part of what made Steve Jobs great: “If you want to know you’re like Steve Jobs, it’s very simple. You’re unable to think about anything other than serious problems at work. That’s all you can do, and you obsess about it until you solve it. And then you move on to the next thing. And you obsess about that until you solve it… If you have that kind of obsession combined with Picasso’s aesthetic and Edison’s inventiveness, then you are the next Steve Jobs.” He continues: “Apple became the most valuable company on earth and it wasn’t even one of Steve’s goals. He wasn’t trying to be rich. He wasn’t trying to be famous. He wasn’t trying to be powerful. He was obsessed with the creative process and building something beautiful.” Video Source: The Wall Street Journal

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324,407 просмотров • 2 лет назад

Steve Jobs really pulled a reality distortion field to poach Tim Cook from Compaq (in 1998, it was worth $30B+ to Apple’s $3B). All of Cook’s friends and advisors told him not to join almost-bankrupt Apple. Cook says it took Jobs one meeting to convince him: “I had gotten a call several times from the search people that [Jobs] had employed, and I kept saying no. I was happy at Compaq — or thought I was — and they were persistent. So, I finally thought, ‘you know, I’m going to go out and take the meeting. Steve created the whole industry that I’m in. I’d love the meeting.’ […] All of a sudden, he’s talking about his strategy and his vision and what he was doing. He was going 100% into consumer when everybody else in the industry had decided you couldn’t make any money in consumer. They were headed to servers and storage and the enterprise. […] I always thought following the herd was a bad idea. He showed me a bit of the design to get me interested [of what later would be called the iMac]. The way that he talked and the chemistry. I could tell I could work with him. I looked at the problems Apple had and I thought ‘you know, I can make a contribution here’ and working with [Jobs would be] the privilege of a lifetime. All of a sudden I thought, ‘I’m doing it. I’m going for it.’ You hear this voice in your ear that says, ‘Go west, young man, go west.’ [The move to Apple] didn’t make sense. And yet my gut said ‘go for it’ and I listened to my gut. There was literally no one around me that was advising me to do it.” In March 1998, Cook joined Apple as Senior Vice President of Worldwide Operations on a $400k base salary (and a $500k signing bonus). He was 37. Incredible gut call. *** Full episode here from 2014:

Trung Phan

1,098,507 просмотров • 3 месяцев назад