A Venture Forth

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Understanding Steve Jobs

January 30th, 2006 · Comments · Personalities

Considering all that has been written about Steve Jobs, he is still something of an enigma. His financial success, however, is no mystery: despite an annual cash salary of about $50 ($1 from Apple and $52 from Pixar), he’s pretty well off; his 50% stake in Pixar (originally purchased from George Lucas for $10 million) is now worth about $3.5 billion (he travels in style, also; in 1999 Apple gave Jobs a Gulfstream G5 worth about $90 million).

However, money isn’t what makes Jobs interesting.

To me, Jobs symbolizes passion–about quality experiences, in general, and about great products, in particular. To understand Jobs, though, I think it’s best to go directly to the source. A few worthwhile examples:

Perhaps the most interesting aspect of Jobs’s story (and personality) is how he has consistently bounced back from perceived failure and other problems–not opening up Apple’s original software or hardware, getting fired from Apple, being diagnosed with pancreatic cancer, etc. He demonstrates something that most of us know intellectually but have a hard time internalizing: you can be great at what you do without always making great decisions or operating under great circumstances. In fact, if you’re doing anything remotely interesting or risky, it’s probably necessary to make a few huge mistakes along the way.

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