Who's the greatest? Jobs, Gates or Musk?
Chris J Reed
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I have just finished reading the excellent biography on Elon Musk by Ashlee Vance "Tesla, Space X and the quest for a Fantastic Future which as an entrepreneur is absolutely inspiring. The book I read before that was the Steve Jobs biography by Walter Isaacson. I can't find as critically acclaimed book as the aforementioned on Bill Gates to complete my reading of the dynamic trio though.
Reading Vance's book about Musk got me thinking (as he poses the question), who is the greatest technology entrepreneur between the three of them, Gates, Jobs and Musk? He believes that Musk is because he has achieved so much in so many different areas and still has half his life to lead. I decided to compile pros and cons for each of the three. What do you think? Who is the greatest? Let me know at the end.
Steve Jobs
Pros:
- Jobs was a self-made billionaire, an adopted child by a poor family that was able to get together just enough money to send him to college and start his business venture/education
- Jobs created the world's most valuable company in Apple (it just slipped into 2nd behind Alphabet/Google)
- Jobs created the world's most profitable company in Apple
- Jobs created the Apple brand with an emotional attachment to it. He dramatized Apple’s stores, was a charismatic figure and his new product presentations, storytelling, etc and natural ability to convince customers that by acquiring a mass market product you can “think different”
- Jobs was creative and his sense of design was inspired by studying areas unrelated to his business and background and observing the world around him such as calligraphy and travelling to India
- Jobs had the ability to say no, stay focused, when he came back to Apple in 1997 there were 350 products in Apple’s catalogue and he reduced it to 10, simplicity was key to him
- Jobs worked with Passion: “Choose a career you love and you will never have to work a day in your life” from Confucius was his motto, always knowing his own value and worth he never worked for and flaunted his money, it was always more of a principle thing with him
- Jobs is very intuitive and was very good at predicting the market, using his initiative and analysing trends and looking at things like how a child would use a phone/tablet - the whole pinching/touching screen element much copied
- Jobs gave us serious and revolutionary product innovations: The Apple II, the Mac, the iPod, the iPhone, the iPad (as mainstream innovations)
- Jobs changed the music industry forever through digital downloads, iTunes and the iPod - he did what no one within the industry could do or would dare to do
- Jobs changed the film industry through Pixar to such an extent that Disney bought it for US$5billion - a phenomenal amount of money for a small studio producing one film a year and they weren't even buying him as he told them about his terminal illness before the deal went through
- Although he created NeXt which was a disaster it did include one or two aspects that the old Apple needed which then propelled them to buy NeXt as part of the deal of buying him and bringing him back as CEO - he created value from something which failed, a remarkable talent
- Jobs had the ability to recognise his only weaknesses, he couldn't engineer or design so he brought in people who could, he could organise, visualise, lead and evangelise these talents to remarkable levels
- Jobs did not let money change him and stayed fairly modest throughout his career at Apple and he loved creating a buzz and excitement surrounding his products, he was genuinely excited and believed in what he was creating
Cons:
- At a personal level he was a terrible father denying paternity of his daughter Lisa for years until just before his death - bizarrely he called the first Apple computer Lisa presumably after the daughter he denied having - if you watch the new Steve Jobs film it actually spends more time on this issue in his life than anything else
- Jobs lost his temper with employees for small mistakes and created an infamous, toxic and oppressive workplace with as many people hating him as adoring him who worked for Apple
- Many people believe that Steve Wozniak was the true genius behind Apple with Jobs merely being the highly visible front man the sales guy who turned a concept into a brand, Jobs was no engineer, no designer
- He created NeXT which failed but was used later in some of the MACS
- Jobs had only donated to charity once
- Greenpeace and other environmental groups targeted Jobs over his company's lack of ecological credentials, claiming that the company showed little dedication to reducing waste or recycling
- Jobs cared little for pay and conditions for his workers in factories in China and Asia where parts of the Apple products were created
- Jobs was first one to leave the battlefield… (though it always helps to become a myth)
Bill Gates
Pros:
- Gates is a hands-on guy: he wrote the code himself for BASIC and kept coding 5 years after Microsoft was invented
- Gates created what was the world's most valuable company and is still one of the world's most valuable and profitable companies, Microsoft
- Gates invented the market of the software business Microsoft was the first company which revenue stream came from software
- Gates made Windows the default operating system in the world
- Gates is the number one humanitarian on the planet
- Gates dared and dares: In 1975, 19-year-old Bill Gates read an article about the Altair 8800, a new microcomputer. He contacted the computer's manufacturer to say that he and his friends were creating an interface to allow the computer language BASIC to run on the Altair. He didn't let the fact that he didn't have an Altair and could therefore not write code for one slow him down
- Gates started off being fantastically innovative and creative with the Office suite of products concept, ubiquitous on every PC in the world as the default business software
Cons:
- Gates focused on rapid expansion and less on creativity and customer satisfaction
- Microsoft reached its all-time peak in market capitalization in September of 2000, when the stock was worth $642 billion. Today it is worth only about a third as much at $290 billion - 40% less than Apple
- Gates had no problems in violating corporate law to kill competition and benefits from his monopoly
- Gates used the law to create and protect patent monopoly
- Gates tried to prevent open-source software such as Linux to develop
- Gates could have done what Jobs did but stopped innovating to focus on humanitarian issues when he realised that he could no longer innovate to the extent that he had originally done and that Jobs did
- Gates could seriously improve his LinkedIn profile.....
Eton Musk
Pros:
- Musk has created billion dollar brands in 5 totally different fields :
- Internet (Zip2, Paypal)
- banking (X.com/PayPal)
- Transportation/automotive (Tesla Motors, and I may add the Hyperloop project, which he has been at the origin of)
- Energy (SolarCity, Tesla)
- Space exploration (SpaceX)
- Musk is unique in running three of these simultaneously - Tesla, Space X and SolarCity - while Jobs ran Pixar and Apple simultaneously he was not as hands on with both as Musk is with all of his companies
- Musk innovated and disrupted the payments, automotive, space and solar industries virtually simultaneously
- Musk focused on product/service not brand, more Gates than Jobs in that context
- Musk declared wanting to have a great impact on the future of humanity’s destiny and went beyond Gates with ambitions to create civilization on Mars
- Musk built a functioning video game at age 12. The game, "Blastar," was reportedly sold for $500
- He looked to the future and focused on the existence of humanity to find ways of finding solutions- he was inspired by what the majority of people wanted/needed instead of just focusing on how he could make only his life easier
-
Musk allowed all his patents and sources to be opened to the public to copy when he could have made billions by selling them
- Musk is an excellent negotiator gaining billions of dollars from friends, family, associates and the government to challenge status quos when his companies were running out of money - he always found a way to keep funding them
Cons:
- Musk’s success would not have been possible without government funding for basic research and subsidies for electric cars and solar panels. Above all, he has benefited from a long series of innovations in batteries, solar cells, and space travel.
- Musk sells himself as a singular mover of mountains and does not like to share credit for his success
- Musk is known for humiliating engineers and firing employees on a whim. In 2014, when his assistant, who had devoted her life to Tesla and SpaceX for 12 years, asked for a raise, he summarily let her go
- Although he wanted to focus on humanity’s problems, some say he did not really care about the poor/middle class. The business models are an example of this, especially his work with SpaceX and Tesla
- Some critics claim that Musk has a distorted vision of reality - a common theme in Vance's book about him
- Musk has a really poor LinkedIn profile......
Of course I could have added in Google founders Larry Page and Sergey Brin, facebook founder Mark Zuckerberg and Amazon founder Jeff Bezos as well as the Skype founders in this list as well as others. However I felt that the three I have highlighted have had the most disruptive effective with innovative ways of using technology and been singular founders and innovators in completely new areas with new inventions and new ways of working more so than the others. There was search before Google, there was social before facebook and there was on line shopping before Amazon for example. Arguable I know but merely my view.
So who is the greatest?
So who do I think is the greatest technology entrepreneur?
Elon Musk. Why?
Well I love my iPod shuffle for listening to music while cycling (can anyone tell me why there is no Spotify fitness gadget that is similar other than clamping my phone to my arm which is so impractical?) and i was one of the first to own an iPhone in the UK. I have also always used Office until I created my own business when I have the entire company on Google for simplicity and ease of work.
However I think what Musk has done in 5 verticals in incredible. To take on Nasa and win is amazing. To take on payments and win is amazing. To create Tesla which undoubtedly has changed the market of cars has been outstanding. To then move onto Solar Energy is stunning. It's not just the areas he has been in but what he has done in them and the innovative and value based way he has looked at things like reusing rockets which NASA never did that I find most impressive.
The fact that he is CEO, and a hands on CEO at that, of Space X, Tesla and Solar City at the same time, all multi billion dollar companies is simply unprecedented. For that and the fact that he is so young and has so much more to come, colonising Mars for example, means that I think that he is the greatest.
What do you think? Agree, disagree? Love to hear from you.
Strategic communications and reputation management for financial services, fintech, and tech (Singapore/APAC)
8 年Its between Steve Paul Jobs and Elon Musk. The sentimental value of Apple is what excites brand loyalists. Its the fact that Jobs left a piece of his heart in every unit manufactured, is the catch point here. He is synonymous to what he created. The most beautiful part is that his persona and his products reflect the core value of life - simplicity. Elon Musk on the other hand, redefined the fundamentals of business theories. He's an exceptional visionary. His conceptualisation, resilience with the way he tackles obstacles (especially in the case of Space X) is applaudable. It takes immense guts to pull off an Elon Musk in this lifetime. He is to its truest sense, Iron Man (I would've loved to witness how Downey Jr. approached Musk to understand the role further).
MAARCOMM at Masjid. Amplifying the message through modern-day marketing strategies & tactics
8 年Its hard to choose between them, just for the fact they're the cream of the crop, the best of the best, you gotta have much appreciation and respect for what they've achieved. That focus, that commitment. I'm going with Elon Musk, his disruptive acts on NASA, like seriously, going head on with NASA? Was going to point out how Tesla has achieved more in shorter period of time than Porsche, but thats not as big a deal as taking on NASA!! Thanks for the post Chris.
The real. Thing
8 年Gates because he took the the bigger risks to change the planet weather we like it or not Microsoft dos and Windows changed the way computing was done and brought it to the masses
Information Security Officer at АО "Россельхозбанк
8 年Musk рядом не лежал ни с одним, ни с другим!!!
Director, Thai Health Promotion Foundation (SOOK Enterprise)
8 年Musk is for the future, but Jobs has direct influence in how I lead my life today. So I pick Jobs.