Wednesday, October 5, 2011

Wall St. Desperately Needs More Leaders Like Steve Jobs

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tdp2664 InvestorPlace By now, you've surely heard – Steve Jobs, the visionary behind Apple ( NASDAQ : AAPL ), has finally passed away. There will be a million “legacy” stories written about the passing of Apple’s front man, but the one I hope gets the most attention by investors is the story of Steve Jobs the CEO — a true leader at a time when many in corner offices are frankly not worthy of the post. Steve Jobs built Apple with his own two hands with passion, and redoubled his efforts in 1997 to save the company from failure. He was a true leader, who always wowed the masses with his creativity and never stopped making Apple better – right up until the very end. Wall Street's corner offices desperately need men and women with the vision and drive of this man. Lest you fall into that old Wall Street trap of the counting money, understand that dollars and cents have nothing to do with money. Yes, Apple Inc. is now a $100 billion business thanks to Steve Jobs and the man was one of the 50 wealthiest Americans at the time of his death. But Jobs was building a cultural force of a company more than building a bank account. Of course, it's easy to get rich when you're a cultural force – but Steve Jobs knew which step had to come first. User experience and the products always came first. Some may scoff at this statement that money was secondary at a publicly traded stock.



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