Professor: Dr. Calvin Fogle
Contemporary Business BUS 508
April 26th, 2012
To become a successful leader in business one must possess characteristics of successful entrepreneurs. Some of these characteristics are having great vision, working with high energy levels, needing to achieve, having self-confidence and being optimistic, having tolerance for failure, being creative, having tolerance for ambiguity and having internal locus of control. (Kurtz, 2010, p.192-196). Nevertheless, the most importance characteristic of all is to have passion for the work. “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.”- Albert Schweitzer. Steve Jobs, an inventor and co-founder of Apple Inc., and Blake Mycoskie, the Founder and Chief Shoe Giver of TOMS, share some of these characteristics. Though they are both well-known for being successful entrepreneurs, they are not in the same categories. Jobs is a serial entrepreneur while Mycoskie is a social entrepreneur. Jobs, as an inventor and a serial entrepreneur, believed in creating great products for the consumers. He started Apple computers with his partner, Steve Wozniak, in 1976, found NeXT in 1985, purchased Pixar in 1986 then returned to reinventing Apple in 1997. “As a boy, Jobs and his father would work on electronics in the family garage. Paul would show his son how to take apart and reconstruct electronics, a hobby which instilled confidence, tenacity, and mechanical prowess in young Jobs.” (“Steve Jobs Biography”, 2012, p.1). His parents, especially his father, gave him a strong foundation and that is how his life as a passionate inventor began. Jobs was a risk taker. He believed in his vision so much that he sold his Volkswagen bus in 1976 in order to raise start-up money for his Apple computer business venture with his...
References: Blake Mycoskie. (2012). TOMS. Retrieved April 25, 2012, from http://www.toms.com/blakes-bio
Kurtz, D. L. (2010). Starting Your Own Business: The Entrepreneurship Alternative. In Contempurary Business. (13rd ed.). (pp. 192-196). Hoboken, New Jersey: John Wiley & Son, Inc..
Macdougall, M. (n.d.). Tips from TOMS founder on entrepreneurship. MHN The Mount Holyoke News. Retrieved April 26, 2012, from http://themhnews.org/2012/02/books/tips-from-toms-founder-on-entrepreneurship
Salsman, R. M. (2012). Steve Jobs and the Money-Making Personality. Forbes. Retrieved April 24, 2012, from http://www.forbes.com/sites/richardsalsman/2011/10/18/steve-jobs-and-the-money-making-personality/
Schweitzer, T. (2010, June 1). The Way I Work: Blake Mycoskie of Toms Shoes. Inc.com. Retrieved April 25, 2012, from http://www.inc.com/magazine/20100601/the-way-i-work-blake-mycoskie-of-toms-shoes.html
Steve Jobs Biography. (n.d.). Bio True Story. Retrieved April 24, 2012, from http://www.biography.com/people/steve-jobs-9354805?page=2
York, M. (2012). How to Get Your Inner Steve Jobs Working. About.com Entrepreneur. Retrieved April 24, 2012, from http://entrepreneurs.about.com/od/becominganentrepreneur/a/How-To-Get-Your-Inner-Steve-Jobs-Working.htm
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