Steve Jobs

Why Indian Entrepreneur Should be Optimistic in this Economic Crisis

If you have owned a business before, you must be well acquainted with the numerous risks that come with it. These come in various forms from the moment you wake up in the morning: you are meeting creditors and investors to fund the business, you are marketing your products and services, struggling to pay your workers, satisfying the wants of your customers, or delivering your products.

Things are tough when you are running your business – but, in every difficult task, there are always people that will shine through because of their high suitability in dealing with the seemingly ‘hard things’.

These are the types of entrepreneurs that use the difficult aspects of their job and turn them into advantages that work for them. Instead of struggling through the obstacles, you could say that it energizes them and makes them more determined to succeed. They do have a secret though, as they inherently know the methods for acting and understanding the obstacles that life throws at them.

In a time such as this, when we are facing the COVID-19 crisis every day and its economic effects, it is important to take some of their strategies and apply them – for the sake of your business. Even one of the visionary entrepreneurs, Pravin Shah, believes that this could be a right time for many businesses to enhance their growth by digitizing it. Using a few examples of exemplary entrepreneurs, I hope to encourage you to weather the storms that today’s life poses to you.

Keeping cool

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One of the most famous entrepreneurs who eventually grew an empire was John D. Rockefeller. Coming from a struggling family in Ohio, raised by a single mother, and working hard to raise money to take care of his family, he eventually got his first job – but the infamous Panic of 1857 occurred after less than five years in this job, and he eventually faced hardships.

However, he did not let this overpower him – instead, he chose to see things differently and see opportunities wherever he went. Opportunity soon found him in the oil business, and he became a millionaire within 20 years of that incident, with his wealth growing as the years went by.

The lesson we can learn is to stay cool, even in times of crisis. Even when the hardships you face attempt to cloud your thinking, you can train yourself to look for new opportunities in times of hardship – because they are always there.

Challenge yourself to think differently

You think that things ‘cannot be done’, just because the logical implication tells you so? Think again. Reality can make you think that nothing can be done, and it gets even worse when you watch the news all the time – all because of seeing the negativity around you.

A lesson to learn in this respect is from Steve Jobs – who regularly dismissed the negativity by using what observers termed as the ‘reality distortion field’. He took major risks with the Apple Company, coming up with ideas that seemed impossible to fulfill – and yet he was never afraid. His courage to think differently challenged his employees to think differently as well, and they began to make things they thought were impossible.

Source:usatoday.com

Using this knowledge, you have a choice: rejecting the negativity that comes from your ideas, or choosing to follow the negativity. Like Steve Jobs, I encourage you to be brave and have faith in your ability to see new things; that will lead to growth in these uncertain times.

Don’t always follow the established rules

Have you ever thought of a business idea, but someone else dismissed it when you told them about it – just because it went outside the established rules? You are not alone in this; part of the entrepreneurship experience is coming up with ideas that seem not to make sense.

Sometimes, you might have a great idea – but you will need to take bold choices that ignore the established rules. You might try to establish the business, but the rules in place do not allow you or your business to thrive – and yet you can clearly see that this business is significant to helping you grow and serve others. In this case, you might need to ignore oppressive regulations, and see whether it will work for you. That is the essence of risk taking.

Think negatively (anticipate)

In the world of startups, it is common for entrepreneurs to give you the advice of ‘anticipating’. This technique is not exactly new, as it became popular knowledge from a psychologist known as Gary Klein, and is seen as an exercise that practices hindsight, although the original use was from the ancient Stoics.

As optimistic as you might want to be, things will not always turn out the way you anticipate – like the COVID-19 suddenly interfering with the growth of businesses and economies. However, one tactic of helping you remain cool under pressure of the daily occurrences of life is to rehearse negative scenarios in your mind – at least for the sake of reducing the element of surprise. Through this method, you will not be unexpectedly shocked, which allows you to quickly pick up the reins and move on.

Accepting your fate

There are many examples of entrepreneurs who have gone through shocks and unfortunate circumstances in their lives. However, there are many who did not let these setbacks overcome them and dampen their resolve; Thomas Edison is one example. When his production suffered due to the burning of his campus, he did not let the despair take over him, and he never became angry.

Source:history.com

Rather than anger, he became more energized. In fact, he was so determined to get back into production, he had the factory repaired, and then he re-opened it three weeks later. All his determination was because he believed in the philosophy of ‘Amor Fati’, or accepting your fate – a belief also practiced by the ancient Stoics.

In this environment, you can be upset when you see an investor leaving your business or when you have to lay off employees. However, you do not need to be depressed about it, as you can always use it as a chance to get something new out of your passion.

Conclusion

While you might not think of yourself as a philosopher, the entrepreneurs I mentioned were not philosophers either – but you can learn plenty of lessons from them and take similar action in your own business.

Ten Influential Tech Leaders That Have Reshaped The World

The ever-increasing technology options offered to us by some powerful, creative people, give us the opportunity to change the way we run our business and personal lives. Yes, this is also known as disruption. Deciding on ten of the most influential leaders is not an easy task, considering how many have contributed to the leaps and bounds experienced in the industry. Indeed countries like the US, Israel, China and India played a pivotal role in producing these amazing leaders.

Perhaps not everyone will agree that the ten that follow are the most influential since there are various industries – but in TECH, these people certainly matter a lot. Scores of brilliant people work hard and are contributing in wonderful ways to the field of technology. However, everyone has to agree that the ten people that follow have made a huge impact on our lives and our modern civilization, challenging us to also move at an ever faster pace as we try to keep up. Even those who have no interest in the world of technology but who have seen their lives changed drastically because of it, have to admit that there are some brilliant minds out there.

Smartphones alone are owned by millions around the world, an even if they have no other interest in technology, this little gadget can incorporate just about everything that has recently been discovered in the world of tech. These great names have all contributed creations that everyone relies on.

Jeff Bezos

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Jeff Bezos, through Amazon, has managed to transform the retail industry, while the company is also currently leading the race in AI. Alexa, the powerful weapon in his arsenal has changed the way people shop or turn on their music, heat, and lights. Meanwhile, Amazon Web Services is the cloud computing platform that other big tech companies like Netflix and Spotify rely on to provide their services to clients.  These changes in the lifestyles of people around the world have other business leaders worried about what Bezos will come up with next and are forcing them to match his creativeness.

Bill Gates

Img Source: time.com

Bill Gates is the founder of Microsoft, without which most of the other tech companies would not exist as we know them today. The rapid growth of the internet over the last thirty years was because of Microsoft which has often been criticized as a dominator in the field. Even though there has been much criticism, the truth is that Bill Gates, Microsoft and the Bill and Melinda Gates Foundation have challenged and influenced the world of tech and the world beyond for many years. It seems safe to say that it will continue to do so for many more.

Mark Zuckerberg

Img Source: vice.com

Some love him and some not, but Mark Zuckerberg is the undeniable king of social networks. He is the founder of Facebook, the campus experiment that now has 2 billion monthly users. His company also owns Instagram, WhatsApp, Oculus VR and more. His vision to connect the whole world does not seem as impossible now as it did ten years ago and he is concentrating his company efforts on acquisitions. Mark launched Internet.org that takes the Internet to remote and rural regions around the world. He is faced by many challenges at this time with issues that include privacy and the rise of “fake news’” and the whole world is watching how Facebook deals with these issues.  Facebook uses some of the most unique algorithms and powerful algorithms but is also researching AI and other technological fields.

Steve Jobs

Img Source: fortune.com

Steve Jobs is the man who made the Apple personal computer and iPhone a necessity for almost every person in the world.  His legacy also changed how we listen to music and watch films. Through these developments, we now all feel lost if we leave home without our phone. The iPhone has ensured that all Generation Z does not understand what the world was like before we carried our whole lives with us constantly.

Elon Musk

Img Source: entrepreneur.com

Elon Musk has taught the world to dream. He is a business mogul, investor, an engineer and is the co-founder of PayPal, one of the leading global payment and banking technologies. He is the creator of Tesla Motors and SpaceX and is known to be a tough boss to work for. Some of his dreams are easier to achieve while others may take a little longer – to develop fully-electric, self-driving cars and to take the first humans to Mars. Μusk has developed the world’s first reusable rocket and is followed by many on social media channel. He strongly influences how the young and old think about issues like AI, cleaner energy and environmental issues and is followed closely by many on his social media accounts.

Evan Spiegel

Img Source: vox.com

The CEO of SnapChat, Evan Spiegel, is still under 30 and is considered the person to watch as far as social media goes. SnapChat changed social media from sharing with as many users as possible to a more intimate and private level and Spiegel even proposed to his girlfriend via a SnapChat filter. Google offered 30 billion to buy the company but was turned down, while SnapChat succeeded where Google failed, with the launch of wearable sunglass technology. Even though many of the popular features of SnapChat have been copied by its main competitors, the company will have to keep innovating in order to keep everyone interested.

Linus Torvalds

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The creator of Linux, Linus Torvalds, is without a doubt another top visionary in the tech world. He is the principal developer of the Linux kernel, the open-source operating system which powers a multitude of systems, including operating systems like Android and Chrome OS. These systems run asoftware and smart devices. Without Linux’s impact, the world would not be connected as efficiently as we know it now.

Andrew Jassy

Img Source: ft.com

Andrew Jassy is the person behind the previously unheard of idea of computing power rentals. Amazon Web Services is teaching the rest of the tech world a few things and everyone is scrambling to adapt. Amazon’s cloud is used by some of the biggest companies in the world to send real-time data, stream video and a whole lot of other applications.  Netflix, Spotify and Major League Baseball are just a small example of the companies that rely on Amazon Web Services to offer their own services to customers across the world daily.

Avi & Henri Ben Ezra

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The two Israeli brothers, Avi Ben Ezra and his brother Henri, are empowering businesses around the world deploy chatbots to work alongside humans. Their company SnatchBot is a leader in the field of AI with its easy Bot builder platform that allows businesses and developers easy access to chatbot development. These developments have changed the way that companies work, while they have raised the bar for customer expectations and satisfaction. Credit card fraud has been reduced significantly because of their genius approach to credit card security with the deployment of AI and Chatbots and consequently, crime mafias are constantly been pushed out from call centers globally.  Early on, companies in France, Israel, and the US have readily adopted their AI thereby reducing their carbon footprint in local areas since fewer people need to travel to work during peak hours – now it has gone global to all corners of the world.

Larry Ellison

Img Source: investopedia.com

Oracle’s co-founder, billionaire Larry Ellison might have stepped down as CEO last year, but he still serves as chairman of the board and chief technology officer of the database and software giant. Oracle was started in response to the growing need for customer relationship databases and has branched out into cloud-software computing. The company revealed that 20% of its clients are now buying tech via the cloud rather than traditionally and their numbers are rising. Ellison has other interests outside of Oracle and just recently purchased 3 million Tesla shares.

Top 16 Things You Did Not Know About Steve Jobs

For someone of his stature, a legend in his field, Steve Jobs was amazingly private. Some of these facts might be familiar to you, but others will surely surprise you. He is one of those great minds who changed the world. Therefore, here are 16 things you maybe were not aware of when it comes to one of the greatest minds the world has ever seen.

16. Studied Calligraphy

Source:torontocalligraphyguild.org

One of these was the art of writing in fancy ways. This proved more than valuable in his future work, as he connected these skills to the creation of one of his greatest inventions. As he put it delicately, it helped make “the first computer with beautiful typography.”

15. Half-Syrian

Source:macworld.co.uk

AbdulfattahJandali, his biological father, owns a casino and restaurant in Reno, Nevada. It is said that they met only once, because of the next fact on our list.

14. He was adopted

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His father did not want a marriage with his biological mother, Joanne Carol Schieble, an American woman. His adoptive parents were Paul and Clara Jobs.

13. Became a Buddhist

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As you probably understood from the previous sentence, he was heavily influenced by this religion. After traveling through India, he even got his marriage officiated by a Buddhist monk, Kobun Chino.

12. Laurene Powell Jobs

Source:fortune.com

We mentioned his marriage, so let us meet his wife. First, they got married in Yosemite National Park in California’s Sierra Nevada Mountains. Lauren was an MBA graduate of Stanford. President Barack Obama appointed her as a member of the White House for Community Solutions, because of her more than active involvement and dedication to non-profit communities. This is a strange case, and this next fact is the reason why.

11. He Took a $1 Salary

Source:youtube

Since 1998, Steve Jobs received only a $1 every year from his company. For those of you, who thought he kept it all for himself because of the charity thing, guess again.

10. He was a Hippie

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To some people, he looked like a lost hippie at times. This fact should not be that odd if we think about his sudden trip to India and a change to Buddhism. Anything is possible with one of the greatest visionaries the world has ever seen. Speaking of being a hippie…

9. He had a Fling with Joan Boaz

Source:mojo4music.com

In his prime hippie years, he had a brief fling with the folk singer. However, Boaz left him for Bob Dylan, Steve’s favorite musician. That must have hurt, we imagine. Nevertheless, from what we learned here, he did have an awesome taste in music!

8. Loved the Beatles

Source:bbc.co.uk

For those young generations who did not experience it, it is hard to understand what Beatlemania was actually like. Think Bieber mania, multiplied five times. Yeah, that is big. To put his love of the famous band in perspective, he named his giant of a company after one of their record labels.

7. He used to be Homeless

Source:flickr.com

Steve Jobs homeless? It sure sounds like a joke. Before he conquered the world, he had it rough after dropping out from college. Lucky for him, he had plenty of couches to crash on, because he had some great friends at the time.

6. Pescetarian

Source:nbcnews.com

Steve did not like to eat meat. For him, fish was the only part of his diet that was of animal origin. Probably a flower child habit he did not want to break. This resulted in a clash with food companies like McDonald’s, most notably when he voted against happy meals advertising Pixar movies.

5. Jobs Saved Pixar

Source:womenlovetech.com

In dangerous and traitorous waters of Hollywood, animation had it rough until Steve Jobs came to help. From LucasFilm, he purchased The Graphics Group for $10 million. He turned it into the Pixar studious everyone knows and adores today. Without this move, we would not have been able to enjoy the classics this house produced over the years.

4. Lied to Steve Wozniak

Source:businessinsider.com

After collaborating on the Atari video game called Breakout, the pair agreed to split their cut halfway. Although Apple gave Jobs $5,000 for his endeavor, he told Wozniak that he only got a sum of $700. When Wozniak found out about it, he said that he would have given Jobs the money if he simply asked him for it.

3. Found his sister at 30

Source:dailymail.co.uk

Steve’s sister, a famous writer, is another well-known person from his family. However, their first meeting was in 1985, after which they became very close. Mona mentioned that they talked at least every two days.

2. He Denied Paternity on his First Child

Source:macrumors.com

Before he married Laurene, Steve already had a child. With Chris-Anne Brennan, he has a daughter, Lisa. This coincided with his company’s rise to power, so Steve denied paternity. He changed his mind and decided to make up for it later on when he paid Lisa’s Harvard tuition.

1. The company, which he started in his garage, is sued, on average, once a day

Source:9to5mac.com

Two Steves, Jobs and Wozniak, started Apple in a garage after Wozniak invented his Apple 1 computer. Very humble beginnings of a tech giant. This year, Apple became the first company in history worth $1 trillion dollars. But even before this milestone, Apple’s lawyers were extremely busy defending the company from various litigations as many are constantly trying to get something out of them.