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And they wanted to change the world That s why most have gone on to new projects that are just as ambitious Sure, they re pleased to have more financial freedom, but the way they choose to use it is to keep building more things Startups are different from established companies almost astonishingly so when they are first getting started It would be good if people paid more attention to this important but often misunderstood niche of the business world, because it s here that you see the essence of productivity In its plain form, productivity looks so weird that it seems to a lot of people to be unbusinesslike But if early-stage startups are unbusinesslike, then the corporate world might be more productive if it were less businesslike My goal with these interviews was to establish a fund of experience that everyone can learn from.

You ll notice certain classes of problems that constantly bit people All the founders had things they wished they d known when they were getting started Now these are captured for future founders I m especially hoping this book inspires people who want to start startups The fame that comes with success makes startup founders seem like they re a breed apart Perhaps if people can see how these companies actually started, it will be less daunting for them to envision starting something of their own I hope a lot of the people who read these stories will think, Hey, these guys were once just like me Maybe I could do it too..

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company my whole life s engineering so he s on the phone talking to reporters, talking to stores, Do you want us to ship you some computers, do you want to start buying them Talking to the dealers on the parts, ordering the parts, negotiating process, getting brochures made up or ads for magazines.

Nobody wants to break even. That s setting the bar too low. Of course, you don t want to lose money on this business, but it s more fun to think about how much you can make. So let s consider the upside. The second even more important factor in determining your product s selling price is the perceived value of your product by the prospective customer. In other words, there may be no correlation between the selling price you set and the amount of time and effort it took to create your product. Or the fixed costs. Or the variable costs. If your software can save the user $1,000 a year, they might be willing to pay $500 for it. That means the software pays for itself in six months. But if your software can save them $10,000 a year, they might be willing to pay $5,000 for the very same program. By the same token, two programs that took the same time and cost to develop and incur the same marketing expenses may have selling prices that differ by a factor of 100 based solely on the user s belief about how much using the software will save a company.

Livingston: So you two fit together nicely in terms of your skills. Wozniak: Well, we added up to the total everything that was needed. If there

was anything that neither one of us knew how to do, Steve would do it. He d just find a way to do it. He was just gung ho and pressing for this company to be successful. And me, I was pretty much only in my technical head with the circuits.

Livingston: Do you remember any disagreements you had in the early days Wozniak: Extremely minor There were a couple, maybe One was that we re getting close to shipping it and we wanted things to be low-cost Steve says, Can we save any chips He s pressing me and pressing me I am down to like what is just amazing in the world People to this day that understand circuitry tell me how they looked at my design and it was the most beautiful thing they ever saw So I said, I could cut out two chips if I skipped high-res I don t know if anybody s really going to use high-res (It became very important actually) And Steve said, Oh no, if it s only two chips, leave it in But it wasn t like we were really arguing.

I was just telling him that that s the only place I could save any chips We had a real argument over slots Mike Markkula s coming on and we were going to build the Apple II, and I had designed a clever system on the suggestion of a friend Allen Baum again that decoded eight slots you could plug little computer boards into Each board had the ability to have its own programs on it running in its own addresses, and it didn t have to have all the normal chips to decide, Well, if the addresses are such and such, I will respond to them That was done on the main board.

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