yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Steve Jobs on Consulting


2m read
·Nov 13, 2024

I mean, you guys, most of you come from companies where you've had work experience, right? How many of you are from manufacturing companies? Oh, excellent! Where the rest of you from? Okay, so how many from consulting? Oh, that's bad; you should do something.

No, seriously, I don't think there's anything inherently evil in consulting. I think that without owning something over an extended period of time, like a few years, where one has a chance to take responsibility for one's recommendations—where one has to see one's recommendations through all action stages and accumulate scar tissue for the mistakes and pick oneself up off the ground and dust oneself off—you learn a fraction of what one can.

What you're coming in and making recommendations and not owning the results, not owning the implementation, I think is a fraction of the value and a fraction of the opportunity to learn and get it better.

So, what you do get is a broad cut at companies, but it's very thin. It's like a picture of a... I would go, I could use—I'm vegetarian—so when you steak, it's like a picture of a banana. You might get a very accurate picture, but it's only two-dimensional. Without the experience of actually doing it, you never get three-dimensional.

So, you might have a lot of pictures on your walls; you can show it off to your friends. You can't say, "I've worked in bananas, I've worked in peaches, I've worked in grapes," but you never really taste it. And I think that... [Applause].

But you're also a variable expense, and in hard times, you find yourself...

More Articles

View All
Keep Redefining What You Do
We just finished talking about the importance of working hard and valuing your time. Next, there’s a few tweets on the topic of working for the long term. The first tweet is: “Become the best in the world at what you do. Keep redefining what you do until…
Long term economic profit for monopolistic competition | Microeconomics | Khan Academy
We have already thought about the demand curves for perfect competition and monopolies and the types of economic profit that might result in. In this video, we’re going to focus on something in between, which we’ve talked about in previous videos, which i…
15 Ways Rich People AVOID Paying Taxes
You know Albert Einstein? He said, “At best, the hardest thing in the world to understand is the income tax.” The rich have very expensive accounting experts that help them minimize just how much money they pay in taxes. In the last decade, we’ve learned…
"The 4 THINGS Poor People DO That The RICH DON'T!" | Kevin O'Leary
If you’re a CEO and you’re just driven by business, which you know entrepreneurs really are, you’ve got to find a passion. She wanted to diversify her risk, is what she wanted. Because she didn’t, she knew you were great, but she didn’t know which one of …
The Dangers of Free Diving | Science of Stupid: Ridiculous Fails
And now, we briefly interrupt our critique of the extra silly to salute someone extra special. Now, if I suggested a sport that literally drained your body of life sustaining oxygen, edging you to the very brink of existence, you’d probably say, no thank…
No Need To Worry About A Recession!
[Music] You’ve got inflation fears out there. That is one of just many worries weighing on the averages. But in times of high volatility, you got to start looking around. Where can investors go for opportunity? Let’s bring in Kevin O’Leary. Kevin, you ar…