Here’s the Next Steve Jobs

Elon Musk a closer resemblance than other high-profile CEOs

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With the death of Apple’s (NASDAQ:AAPL) Steve Jobs, there is a huge void in the tech world. So now there is talk of who might emerge to achieve comparable success as a business leader and innovator.

Some obvious candidates come to most people’s minds, including Facebook’s Mark Zuckerberg and Amazon’s (NASDAQ:AMZN) Jeff Bezos. They certainly are giants in their markets and have made a huge impact on the lives of millions of people worldwide.

Yet they still lack some key Jobsian qualities. For example, Zuckerberg and Bezos lead only one company apiece, whereas for a time Jobs ran both Apple and computer-animation studio Pixar. What’s more, neither Zuckerberg nor Bezos has pulled a miraculous comeback from the brink of disaster like Jobs did after he returned to Apple in 1997.

There is one person, however, who hasn’t gotten much media attention but actually has these qualities: Elon Musk.

Musk and Jobs actually demonstrated their talent for innovation at an early age. Musk got his first computer when he was 10 years old and wasted little time learning programming. He sold his first software for $500 — when he turned 12. It was a space game.

It was not until the mid-1990s, however, that Musk made his fortune. He started Zip2, a content publisher, which was sold for more than $300 million.

Musk then followed this up with PayPal, which he co-founded. At first, the company struggled. PayPal had to change its business model six times until Musk found the winning angle — providing online payment services.


Article printed from InvestorPlace Media, http://investorplace.com/2011/10/steve-jobs-elon-musk-apple-pixar-tesla-spacex/.

©2014 InvestorPlace Media, LLC

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