9 Business Icons who Faced Utter Failure

Steve Jobs

Company: Apple Computer

Not to mention, Steven Paul Jobs co-founded Apple. He was forced to resign from Apple in 1985, after which he spent several years to build NeXT, a computer workstation for educators, which eventually became his comeback to Apple.

Because of NeXT’s high price tag and reports of numerous bugs, its sale never materialized. Apple then announced and bought NeXT in 1996, and brought back Jobs to the company as interim CEO. This became a great turnover for the company with the success of iPod and iPad, which ultimately brought Apple in the list of most successful Fortune 500 companies of the past decade.

Steve said, “You can't just ask customers what they want and then try to give that to them. By the time you get it built, they'll want something new. Having the right resources and people around you makes a big difference”.