Saturday, January 5, 2013

Future Value

In 1977, the third wheel in Apple Computer, sold his stake in the company for $2,300.  He thought the business would fail.  However, by 1980, sales were already at $117 million dollars.  By the end of 2012, his share would have been worth $58 BILLION.  The man now lives a quiet life in Nevada and has stated he made the best decision he could with the information available at the time.  That is an excuse for his monumental mistake.  The truth is he simply didn't BELIEVE in the enterprise.  Jobs and Wozniak had to stick it out – it was their company.  If you don’t believe in your own work and your own words, find something else to believe in.