There are so many subjects about which to write a blog every week, but, this week, the retirement of Steve Jobs has spawned two separate blogs. The first was a celebration of his many successes. This will be about his many failures. The Wall Street Journal quoted an article written by Nick Schulz in The National Review on August 25, 2011.
Unlike Walt Mossberg, whom I quoted the other day, or the many other commentators who celebrated Jobs’ successes, Schulz focused on the fact that Jobs had many major failures along the way, including the Apple I computer, the Lisa computer and the NeXt computer. He was asked to leave Apple in 1985 and did not return until 1997. Steven Jobs failed repeatedly and publicly, and he paid in the short run. However, today, the Apple employees and shareholders are more secure and richer than they ever could have imagined. He invested repeatedly for the longer term.