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The most amazing entrepreneurial story in history: How Wayne co-founded Apple with Steve Jobs and Wozniak?
In the history of electronic products, Apple is undoubtedly one of the most influential companies, but its founding story is full of controversy and regret. Ronald Wayne's name may not be as well-known as Jobs or Wozniak's in this history, but his role is indispensable. Wayne's entrepreneurial story explores the delicate balance between risk and reward, and the uncertainty of the early entrepreneurial environment in Silicon Valley.
Early Life and Education
Ronald Wayne was born in 1934 in Cleveland, Ohio, USA, and trained as a technical draftsman at the High School of Industrial Arts in New York City. In 1956, at the age of 22, he moved to California to begin his career.
Career Development
Wayne began his career in 1971 designing and manufacturing slot machines, but the business failed within its first year of operation. He then joined Atari in 1973 as a senior designer responsible for establishing the official document and material control system. His system greatly improved Atari's manufacturing efficiency.
The Founding of Apple
In 1976, Wayne was revered for his work at Atari and formed a partnership with Jobs and Wozniak. Wayne's experience and wisdom make him the "adult guardian" of this business. In the early days of what is known as the entrepreneurial journey, Wayne drafted the company's preliminary partnership agreement and co-founded Apple on April 1. However, this history is fraught with uneasiness and risk.
"I stand in the shadow of giants, unable to keep up with their pace."
Wayne, working with Jobs and Wozniak, drafted the operating manual for the Apple I computer and designed Apple's first logo. Although he was full of hope for the company's future, as an entrepreneur who already had assets, he could not ignore the possible financial risks.
Difficult decisions
Just 12 days after co-founding Apple with Jobs and Wozniak, Wayne chose to give up his 10% stake and transferred it to the two partners for $800. His decision sparked countless speculations, and Wayne said it was the best decision based on the most reasonable information at the time.
“I have no regrets selling my shares.”
The journey after Apple
After leaving Apple in 1977, Wayne continued to work at Atari and later joined Lawrence Livermore National Laboratory. Over time, he branched out into other pursuits, opening a stamp shop and later moving the business to his home. Wayne was reserved about contacting Jobs again and did not submit a proposal for a partnership, which he later regretted.
Impact on Apple
Although Wayne's time at Apple was brief, his contribution to the development of technology during that period cannot be ignored. Whether it was setting up internal documentation systems or designing the first prototypes of computers, his role at the poker table was indelible.
"I'll probably end up in the richest grave."
Today, Wayne's story remains an important case for entrepreneurs to reflect on risks, opportunities and decision-making. Although his relationship with Apple has ended, his impact is still remembered. This story triggers deep thinking about entrepreneurship: When faced with the choice between risk and reward, how do you make a decision?
