Innovative Entrepreneur: The Impact of Steve Jobs on Business and Technology

Running head: INNOVATIVE ENTREPRENEUR
INNOVATIVE ENTREPRENEUR
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Introduction
Steve Jobs was the genius of 20th century. He was an inventor, entrepreneur and true
dreamer who with his far sightedness and idea, changed the world in every aspect. The
impact of Jobs can be felt for generations. The legacy of Jobs was not only iconic but moved
the business world with technological advancement (Pisano, 2015). Through his innovation,
Jobs have helped the American companies to rule the business world. He embodied a unique
entrepreneurial spirit which has made technology based industry great. It is his incredible
vision but understood that the best marketing comes by delivering best products with brilliant
experiences. All of his innovation was marked by incredible vision which is grabbed by his
loyal customers and influenced them to dare to dream. This essay discusses the early life and
challenges that Steve Jobs faced, his creative ideas and collaboration with Wozniak to kick
start his business and methods of exploring potential customers and market to grow Apple
Inc. the structure of the organization was different from what it is at present but the style that
Jobs followed to innovate the Apple products was much required at that time. The ideology
or perspective which Steve Jobs always applied in innovating his products have greatly
influenced the society. The essay concludes with the discussion of his impact on the
humanity and human civilization as a whole.
Personal context
Steven Paul Jobs was an American business magnet, entrepreneur, inventor and
designer. He was the chairman and chief executive officer and co-founder of Apple Inc. Jobs
was the CEO as well as majority shareholder of Pixar. He was the founder CEO and
chairman of NeXT. He was the man of diverse talent which he utilized in his whole life
through different programs and innovation which changed the way of global thinking
process. Steve Jobs was born in the year 1955, in San Francisco, California. He was adopted

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by his parents Paul and Clara Jobs. He grew up with his sister Patty. His father was a
machinist who fixed the cars as his hobby. Jobs remembers his father to be a very skilled in
this aspect. Paul used to work in the company that made lasers however, he made his young
son to be inquisitive and taught how to work with hands.
In the year 1961, the Jobs family moved to Mountain View of California. This region
was situated in the south of Palo Alto and becoming a center of electronics. These electronics
constitute basic elements used in the devices such as televisions, radios, stereos and the
computers. The substance called silicon is used in manufacturing the electronic parts of these
devices therefore people used to reefer this region to be the Silicon Valley. From the very
childhood, Steve liked to do things by himself. He took part in the sports but was not
interested in the group activities and team sports. He showed his interest in the gadgetry and
electronics and spent a lot of time working in the garage workshop of his neighbor who
worked at Hewlett–Packard. Jobs later enrolled in the explorer club of this company where he
was inspired with the engineers demonstrating new products. Seeing the first computer in his
age of twelve, he was much impressed and decided to work in this field.
After graduating from high school in the year 1972, Steve attended Reed College in
Portland for two years. In 1975 he joined a group namely Homebrew Computer Club. There
he met with Wozniak, a technical expert who was trying to build a small computer. Jobs was
fascinated by the marketing potential of that computer hence formed a company together with
Wozniak (Christensen, Raynor & McDonald, 2015).
Creative ideas
Steve Jobs in his personal interview has disclosed his down to earth life when he used
to sleep in the floor of his friend’s house, returning bottle for food and money, getting weekly
meals in the local Hindu temple finally getting into addiction of LCD. Jobs however has

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called this drug experience to be the most enlightening experience of his life. Steve Jobs was
among the first who viewed the commercial potential of computer. This was the reason why
at the age of 21, he with Steve Wozniak founded their personal computer company and
invented the first Apple computer in his parent’s garage. Jobs realized that there was a great
gap in the computer market of the world. At that time, all the computers were mainframes
and large enough to fill a room. These were so costly that people from high Income group
could only afford to buy these computers. With the advancement of electronics, Jobs realized
that the components of these computers would be getting smaller but their power will be
increasing.
This is the reason, Wozniak and Jobs started to redesign their computers with the aim
to sell them top the individual users. During this time, they did not have much money to
spend in innovating in their field therefore funded their entrepreneurial venture by selling
their favorite thigs. Their company was called Apple Computer Company which was raised
with $1,300 by selling the calculator of Wozniak and micro bus of Steve Jobs. Initially they
used to sell circuit boards and then started were working on the prototype of computer (Sun et
al., 2016). Both Steve Jobs and Steve Wozniak are credited with revolutionizing the computer
industry by inventing Apple computers. Their creativity and imagination democratized the
computer technology and made these electronics smaller, intuitive, inexpensive and
accessible to the everyday customers. Wozniak conceived a series of personal user-friendly
computers and Jobs was in charge of marketing. In this, the company initially marketed its
products for $666.66 each. Apple I earned the corporation around $774,000 (Piao & Kleiner,
2015). In 1977 the Apple II was released in the market, its first year sales were of $2.7
million. Within three years, the company’s sales were increased by 700 percent, grew to $200
million. This was one of the most extraordinary cases of corporate growth in the history the