Steve Wozniak Reflects on Apple’s Origins and His Unique Career Path
Steve Wozniak says he didn’t cofound Apple to ‘make money’—he only did it because he was rejected by HP 5 times, and for years his pay was just $50

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Steve Wozniak, cofounder of Apple Inc., revealed that his motivation for starting the company was not financial gain but rather a passion for engineering and innovation. After being rejected by Hewlett-Packard multiple times, he partnered with Steve Jobs to create Apple. Wozniak also emphasized the importance of education and unconventional career paths during a recent commencement speech.
- 01Wozniak was rejected by Hewlett-Packard five times before cofounding Apple with Steve Jobs.
- 02He initially received a 45% stake in Apple but sold much of his stock over the years, reflecting his skepticism towards wealth.
- 03Wozniak earned just $50 a week from Apple for many years after stepping back from full-time involvement in 1985.
- 04He completed his degree at the University of California, Berkeley at age 35 under the alias 'Rocky Raccoon Clark'.
- 05Wozniak spent a decade teaching computing to elementary and middle school students after leaving Apple.
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Steve Wozniak, who co-founded Apple Inc. in 1976 alongside Steve Jobs and Ronald Wayne, shared insights about his motivations and experiences during a recent commencement address at Grand Valley State University. Contrary to the common perception of entrepreneurship as a path to wealth, Wozniak stated that he was driven by a passion for engineering and the desire to create a personal computer that would impress his peers. After being turned down by Hewlett-Packard (HP) five times for his innovative ideas, he embraced the opportunity to start Apple with Jobs. Although Wozniak's initial stake in Apple could have made him a trillionaire, he chose to sell much of his stock and donate shares to early employees and charity, reflecting his belief that wealth could corrupt one's values.
Wozniak also discussed his long-standing commitment to education, having returned to complete his degree at UC Berkeley at age 35. He humorously noted that he graduated under the alias 'Rocky Raccoon Clark' to avoid attention. In addition to his engineering career, he fulfilled his dream of teaching by spending a decade instructing students in computing. His final message to graduates emphasized the importance of pursuing passions and being open to unconventional career paths, stating that it's okay not to have everything figured out from the start.
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Wozniak's story inspires students to pursue their passions and consider non-traditional career paths, which can lead to fulfilling lives beyond conventional expectations.
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