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Steve Wozniak says he didn’t cofound Apple to ‘make money’—he only did it because he was rejected by HP 5 times, and for years his pay was just $50

Steve Wozniak, cofounder of Apple, revealed that his motivation for starting the company was not financial gain but a passion for innovation and recognition from fellow engineers.

Steve Wozniak, cofounder of Apple, revealed that his motivation for starting the company was not financial gain but a passion for innovation and recognition from fellow engineers. He shared this insight during a recent commencement address at Grand Valley State University, emphasizing that Apple’s creation was driven by a desire to bring his personal computer ideas to life rather than to make money (fortune.com).

Wozniak recounted how, after leaving the University of California, Berkeley, he joined Hewlett-Packard (HP) and pitched his personal computer concept to the company five times, only to be rejected each time. It was this series of rejections that led him to embrace Steve Jobs’ suggestion to start their own company. Alongside Jobs and Ronald Wayne, Wozniak co-founded Apple in 1976, setting the stage for what would become one of the world’s most valuable tech companies (fortune.com).

This narrative highlights a different perspective on the origins of Apple, contrasting with the common perception that financial success was the primary driver. Wozniak’s story underscores the role of passion and innovation in the tech industry’s early days, illustrating how groundbreaking companies can emerge from a desire for creative recognition rather than immediate profit. Apple’s evolution into a trillion-dollar company with iconic products like the iPhone and iPad reflects the long-term impact of this mindset (fortune.com).

Looking ahead, Wozniak’s message encourages aspiring entrepreneurs to pursue unconventional paths and prioritize innovation over monetary rewards. His experience serves as a reminder that persistence and a focus on creative excellence can lead to transformative success, a lesson relevant to today’s startup ecosystem and future technology leaders (fortune.com).

Editorial standards. Reported and edited at Startupniti's news desk from the sources listed in the right rail. Every fact traces to a citation. If something looks wrong, write to corrections.
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