Hi! 


After learning that latest model of i-phone is short in the stores and there 
are some issues related to i-phone’s latest model, we wondered about the 
founder of Apple �C Mr. Steve Jobs. Who is Mr. Jobs �C a self-made billionaire? 
His story is really inspiring, motivating and energizing. He was fired from his 
own company!!



Here is the story of Mr. Steve Jobs:



Steve co-founded Apple at the age of 21 in 1976. Within four years, the company 
was listed on the stock exchange and Steve was worth US$217 million at the age 
of 25. As Apple continued its phenomenal growth, it was decided that 
professional management had to be hired to run the huge organization. So in 
1983, Steve hired John Scully to be the CEO. However, within two years, the CEO 
and directors at Apple could not get along with Steve Jobs (he was known to be 
an erratic and emotional manager) and stripped him of all his duties, forcing 
him to resign from the very company he founded in failure and disgrace.



To make things worse, Apple sued Steve for neglecting his duties. While those 
in the business world wrote him off, Steve who possessed the millionaire 
mindset, took it as a huge learning experience and took the proactive action of 
starting a new and better company called NeXT computers. He believed that he 
could develop a range of hardware and software that would be even better than 
that at Apple.



Did he succeed?



Unfortunately, NeXT’s hardware division became a huge failure.



Undaunted, he again took the feedback and went on to found Pixar Animation 
Studios, which became a huge success in creating the first breakthrough fully 
digitally animated movie ‘Toy Story’. In the meantime, Apple Computer was on 
the verge of bankruptcy in 1995 after suffering from internal mismanagement and 
lack of new product innovation.



The company was making losses of $800 million to $1 billion a year and its 
share price dropped from a high of $18 to $3.80. Believing that he could save 
Apple, Steve Jobs agreed to return as CEO for a nominal pay of $1 (he was doing 
it purely for the passion). When Steve took over, he fired all the unproductive 
executives and spearheaded the launch of revolutionary products like the iMac, 
iPod and iTunes. The revolutionary operating system (OS) he developed at NeXT 
was then evolved into the highly popular Mac OS X.



As a result of these successful products, Apple turned its $1 billion loss into 
$1.3 billion in profits by 2005. Its share price rose from $3.80 to a high of 
$75! Looking back, Steve realized that if he never got fired from Apple, he 
would never have founded NeXT and Pixar Animation. If not for Pixar, he would 
not have become a pioneer in digital animation and if not for NeXT software he 
developed, Apple would never have the Mac OS X operating system that has made 
Apple a huge success today.



It is for this reason that many millionaires believe that ‘everything happens 
for a reason’ and that ‘adversity is often opportunity in disguise’ provided 
you learn from your experiences and continue to take consistent action!





Have a nice day!.



BR,



Greg Yang


****************************************************
Greg Yang Project Coordinator
Transpac Technology Inc.
Rm. 15F-D2 Sieco International, Road 1 Phoenix City
Weiyang District, Xian City, Shaanxi Province P.R. China.
Zip:710016
Tel:+86-29-86139310
Fax:+86-29-86139310
E-mail: [email protected]
MSN: [email protected]
Http://www.transpac.com.cn
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