It was the initial stage of Jobs losing control of his own company. Jobs wanted the control back as soon as Markkula stepped down as CEO in 1983 and it was quite obvious that Jobs wanted to become CEO. But it was no longer Steve’s decision and the board at Apple Inc wasn’t interested in hiring a 28-year old to run the fast growing company.

Hardly any options left, Jobs agreed to recruit John Sculley, who currently heads Pepsi-Cola. Sculley took up the position of CEO, but the conflict reached the brink while Markkula sided with Sculley and thus Jobs was fired from Apple Inc in 1985.

What You Can Learn:

Steve Jobs wasn’t the most experienced person for CEO of Apple, but he understood his company better than anyone else.

But what you can learn from Jobs is to give up some control, if you want to establish your startup. But be vigilant about how much control you give and whom you give it to.

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