What We Can Learn From Steve Jobs About Business and Money

During August 2011, Apple’s CEO Steve Jobs resigned his position, leaving the business in the hands of COO Tim Cook. He will however, remain with the company as a chairman of the boardOn October 5, 2011 Apple’s website confirmed that Steve Jobs passed away leaving behind a great legacy and one of the highest industry company standards.

Over the years, Apple has been rated #1 as America’s Most Admired Companies and Steve Jobs is one of the most respected entrepreneurs of his time. He is viewed as a front runner for inventing and creating excellent products and gadgets.

“Innovation distinguishes between a leader and a follower.” – Steve Jobs

If we look closely at Steve Jobs life and his success with Apple, we can learn quite a few things on how to handle a business and be successful with money. In June of 2010 Jobs was interviewed in a live Q & A about the next steps Apple would be taking within the tech world.

Normally what you expect from a massively successful CEO, of any company, is for them to show up in a business suit that costs thousands of dollars. But Steve Jobs isn’t considered “normal”, and he casually showed up in a plain black shirt, jeans and sneakers.

His approach and demeanor is non-threatening, humble and welcoming for clients, investors and consumers alike. He sets a perfect example of how a business owner should project an image of confidence but not be overly prideful.

Jobs listens and takes consumers needs into consideration when making his products. He wants them to easily use and easily afford all the electronics and gadgets he creates.

He was always pushing the design envelope and thinking outside the box.

Consumers don’t mind purchasing (and repurchasing) products from Apple because they are high quality items made with value in mind. They don’t fall apart within a few months, and are on the cutting edge of design and technology.

“Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.” – Steve Jobs

Of course, he still takes risks and has overcome many kinds of adversities and setbacks in his life, especially with his health deteriorating over the past few years. But he still manages his career, the company, employees and products with the utmost care.

Another astounding fact that we can all learn from Apple is, not only is it one of the most successful and well known companies worldwide, it also has ZERO DEBT!

Yes, you read that right.

With all of the profit and income Apple makes not even one penny goes towards paying off debt. Do you want to become successful, be a multimillionaire, a game changer and be known as one of the most innovative people of your time? Then follow the example of individuals that are millionaires and are successful like Steve Jobs, and you will be on the right track.

What have you seen and learned from Apple over the years?

Photo Credit: Codexian / Flickr

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About the author: Carrie Smith is the financial artist and owner of Careful Cents, a site that helps creative freelancers discover the art of making a living. In May 2013 she quit her full-time accounting job to pursue entrepreneurship and blogging. Since then she’s been featured in sites like The Huffington Post, Glamour Magazine, and Kiplinger Finance. In her spare time she enjoys painting, sketching, and making food with her chef husband. You can connect with her in real time on Twitter or Instagram: @carefulcents.

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