Analysis of Steve Jobs as an Entrepreneur Analysis of Steve Jobs as an Entrepreneur Based on Sarasvathy’s Work on Effectuation Steve Jobs, the CEO of Apple Computer, is recognised as a leader in the segment of personal computing which he ‘co-founded’ with Steve Wozniak in the year 1976 (Vader, 2010)…
This study will look to analyse Steve Jobs as an entrepreneur by evaluating him with Saras D. Sarasvathy’s work on ‘Effectuation: Elements of Entrepreneurial Expertise’. The study by Saras D. Sarasvathy (2003) was done with an endeavour to seek an answer to question related to the fact that ‘what makes a successful entrepreneur’s brain different from the average person’ (Young Money, LLC, 2011). The main findings of the study were related to ‘process elements of entrepreneurial expertise’, ‘principles of entrepreneurial expertise’, and ‘effectuation: the logic of entrepreneurial expertise’ (Sarasvathy, 2003). The conclusion that Saras D. Sarasvathy derived from her research was that most successful entrepreneurs generally rely on the factor of ‘effectual reasoning’. It means that they primarily define their goals based on the choices as well as the means they are provided with. Successful entrepreneurs are observed to be brilliant improvisers. They generally do not start their business venture with tangible goals, but they look to constantly assess situation to find ways to make most effective utilisation of the available resources. They look to use their personal strengths in order to develop different goals extemporaneously. ...
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Steve Jobs was at the head of Apple for two different terms which spanned more than three decades. He started Apple at his home garage in 1976 and rose to prominence quite soon with the launch of Apple-1. However, the relationship with Apple did not last long as he was ousted from the company by his own board in 1985, and then came back only in 1996, a full 11 years later than when he was thrown out of the company.
During this brief period, Jobs strived to modify seven industries: animated movies, personal computing, music, retail stores, tablet computing, digital publishing and phones. He is not only a great visionary and a leader but one of the foremost innovators of modern age (Issacson, 21 - 30) a) Early history of the visionary leader Steve Jobs was born on 24th February, 1955 and was adapted by Clara and Paul Jobs.
His way of thinking and doing things is what makes him unique from other business leaders. Mostly, he is referred to as a simple but creative thinker who spends considerable time in evaluating a simple feature about a product. It is the simplest things that people take for granted that are his major area of concern to him.
One of those personalities includes Steve Jobs. Despite his demise the whole of technological world is engulfed into inventions and ideas that were introduced and then patented by the man himself, and despite his demise the company Apple Inc. enjoys supremacy in the field of electronics and gadgets against its competitors.
The technological advancements introduced by Jobs not only defines modern creativity but has marked the way people live. Communications has become better. Entertainment also reached a better level of delivering high quality pictures in theaters as well as home videos.
As required, the first half of the essay will focus primarily on all things Steve Jobs; the innovations, the attitude, the undying thirst for excellence and the sheer resilience of the man to overcome cumbersome circumstances; of emotional and professional nature, alike.
Sarasvathy (2003) was done with an endeavour to seek an answer to question related to the fact that ‘what makes a successful entrepreneur’s brain different from the average person’ (Young Money, LLC, 2011).
The main findings of the study were related to