Business: Insights from studying Apple Computer as a start up
This is part 1 of a 4 part series where Alison Reiff-Martin CPA and Phillip Washington, Jr. discuss their insights on the company Apple starting in the Start up Phase to Apple’s current phase after it reinvented itself.
Steve Jobs was the founder of Apple was founded in 1976 and achieved profitability relatively early. Steve Jobs was relentless in his pursuit of perfectionism, understanding what customers wanted before they even knew they wanted it and delivering a delightful product was a big key to Apple's success. He was focused on evolving and delivering unique products.
Steve Jobs was a great example of a successful startup founder. He was willing to take risks and absorb failure. He also had a team in place to help keep him from spending the company into oblivion. This is a great example of having boundaries in place to put oneself in check. It is important to recognize what is outside of one's area of expertise and to find help from those who are knowledgeable.
0:00:58 Conversation Summary: Apple's Early Financial Success
0:03:43 Exploring the Success of Apple's Early Startup Phase
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