Steve Jobs named 'Greatest Entrepreneur of Our Time' by Fortune

By on March 26, 2012, 12:30 PM

Apple co-founder Steve Jobs has earned the top spot in Fortune magazine’s list of the top 12 entrepreneurs of our time. Jobs bested Microsoft’s Bill Gates, FedEx’s Fred Smith and Amazon’s Jeff Bezos in a list that surprisingly doesn’t include a single woman.

Jobs was largely successful because he strayed from the beaten path when developing a new product. He believed that market research and focus groups limited a company’s ability to create a great product. When asked about how much market research was done to lead the development of the iPad, Jobs said, “None. It isn't the consumers' job to know what they want. It's hard for [consumers] to tell you what they want when they've never seen anything remotely like it."

As the Fortune piece notes, the former CEO relied on his intuition when making important business decisions and demanded only the best from his employees. Small details pertaining to the user experience were often put in higher regard than most companies would bother with.

The majority of individuals that made the top 12 list did so based heavily on economic and social impact. Other key categories for admission include those who have inspired employees and other entrepreneurs with their world-changing vision and have a record for innovation.

The rest of the top 12 list looks like this:

2. Bill Gates  (Microsoft)
3. Fred Smith (FedEx)
4. Jeff Bezos (Amazon)
5. Larry Page & Sergey Brin (Google)
6. Howard Schultz (Starbucks)
7. Mark Zuckerberg (Facebook)
8. John Mackey (Whole Foods)
9. Herb Kelleher (Southwest Airlines)
10. Narayana Murthy (Infosys)
11. Sam Walton (Wal-Mart)
12. Muhammad Yunus (Grameen Bank)

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.