Founders

#29 The HP Way: How Bill Hewlett and I Built Our Company

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Jul 2, 2018
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ANECDOTE

Jobs' Inspiration

  • Steve Jobs sought fulfillment by creating a lasting company and innovative products.
  • He admired and wanted to surpass figures like Bill Hewlett and David Packard.
INSIGHT

Profit as a Measure

  • Profit measures a company's contribution and value added to resources.
  • It's the ultimate measure of success, as it reflects customer willingness to pay beyond cost.
ANECDOTE

Ironic Advice

  • David Packard was advised against electronics at GE, told there was "no future".
  • Ironically, HP later became larger than GE was at the time of the advice.
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