The Steve Jobs Act: Why It's Time to Invest in Entrepreneurs
From The Atlantic:
The eulogies and encomiums delivered to Apple founder Steve Jobs seemed to capture some of this longing. They were celebrations of greatness and vision in a middling, small moment. At the end of a decade that saw Iraq, Katrina, and Lehman Brothers become watchwords of American weakness, they were paeans to someone who believed, with Thomas Paine, that we had it “in our power to begin the world over again.” But, perhaps most of all, in a floundering economy, they spoke to a sense that it is entrepreneurs and innovators — and not merely infrastructure spending and payroll tax cuts — that are needed to rebuild the engine of economic growth.
The facts back up this assumption. Research from the Kauffman Foundation has demonstrated that new and young companies, those under the age of five, are responsible for all net job creation over the past generation. It is the entrepreneurs who start these businesses — and not the business tycoons courted by both parties — that are the true “job creators.” But while Republicans focus on tax cuts and regulatory relief for large corporations and Democrats look to keep teachers and police officers in their jobs, it is these entrepreneurs — the next generation’s Steve Jobses — who are being overlooked.
A collection of tweets from Apple employees as they got the news Steve Jobs, their visionary, beloved—and sometimes feared—CEO, was resigning.
We believe that we’re on the face of the earth to make great products and that’s not changing. We’re constantly focusing on innovating. We believe in the simple, not the complex. We believe that we need to own and control the primary technologies behind the products that we make. And participate only in markets where we can make a significant contribution. We believe in saying no to thousands of projects so that we can really focus on the few that are truly important and meaningful to us. We believe in deep collaboration and cross-pollenization of our groups which allow us to innovate in ways that others cannot. And frankly, we don’t settle for anything less than excellence in every group in the company — and we have the self honesty to admit when we’re wrong and the courage to change.
