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Andrew Carnegie and Steve Jobs

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Thomas Bufis

on 9 October 2012

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Transcript of Andrew Carnegie and Steve Jobs

Andrew Carnegie
and
Steve Jobs Thomas Bufis Andrew Carnegie Steve Jobs Early
Accomplishments Steel Methods of Success Return to Apple Other
Accomplishments Born November 25, 1835 in
Dunfermline Scotland. Moved to Allegheny, Pennsylvania in 1848 with his family in hopes of finding a better life in America. Steve Jobs biggest career move was returning to Apple. He was rehired in the late 90's when Apple bought the rights to his computer software NeXT for $427 million and asked him to return as CEO for the company. His return led to the reinvention of Apple. He brought in new ideas, software, helped boost sales, and became a visionary for Apple. He saved them from bankruptcy, made the company profitable in less than a year, and made Apple a staple in almost everyones homes. Andrew Carnegie's biggest accomplishment was steel.

He brought over the Bessemer Process for steel making to America which made making steel cheaper and efficient.

He opened the Carnegie Steel Company in 1892 which became the biggest steel company
in America.

He controlled 1/4 of all US steel

Later sold the company to J.P. Morgan for $480 million Born February 24, 1955 in San Francisco, California and raised by his adoptive parents Paul and Clara Jobs. Steve Jobs took a job as a technician at Atari, Inc.
in Los Gatos, California in 1974. He created and founded NeXT Computer in 1985 after being fired from Apple In 1976, Jobs and his friend Wozniak formed their own business called "Apple Computer Company" Andrew Carnegie's first job was at age 13 in 1848 as a bobbin boy, changing spools of thread in a cotton mill for 12 hours a day. His starting wage was $1.20 per week. In 1850, Carnegie became a telegraph messenger boy in the Pittsburgh Office of the Ohio Telegraph Company, at $2.50 per week. He learned to distinguish the different sounds the incoming telegraph signals produced and learned to translate the signals by ear. Within a year he was promoted as an operator. In 1853 Carnegie became a secretary/telegraph operator at the Pennsylvania Railroad Company with a salary of $4.00 per week. At 18 he became the superintendent of the Pittsburgh Division. Carnegie began investing his money in several stocks and businesses and began making most of his money this way. He then invested in the Keystone Bridge Company. And later he decided to leave the railroad industry and went into steel making. Carnegie owned every part and process of his steel making company and frequently bought out or destroyed his competition (Vertical and Horizontal Integration)

Both Jobs and Carnegie started working at a young age, worked and studied hard to get on top, and brought new ideas and technology to America.

They both controlled many aspects of their own business to cut costs and make a greater profit, took ideas from other companies to get ahead, and were very strict and hard bosses

They both also hired the best people for the job, got rid of competition, kept a tight budget, and made very careful business purchases Both started their own successful business

Both changed the way America lived because of their inventions, ideas, and technology

Both are considered visionaries and one of the most important figures of their times

Carnegie was the biggest philanthropist in the world giving over $350,000,000, building public libraries, and funding education

Carnegie was at one point the richest man in the world

Both worked hard to get where they were, are two of the smartest entrepreneurs ever, and were both very wealthy And in 1986, Jobs bought The Graphics Group (later renamed Pixar) from Lucasfilm's computer graphics division Jobs soon became
erratic and a temperamental
manager because of dropping sales. He would keep meetings running past midnight, send out lengthy faxes, and then called new meetings
at 7:00 am. Because of this he was considered "bad for Apple" and was fired. Biggest Accomplishment
Full transcript