I've heard of this story. But never saw the story articulated so well. You're a credit to the community Dagogo. Big fan of your work. Love you.
@lodxmas Жыл бұрын
I love when he does these types of origin stories or unknown stories videos bringing us back to the past and the nostalgia of the nineties, heighties, etc...
@ppwingspan Жыл бұрын
THIS
@zaidlacksalastname4905 Жыл бұрын
Dagogo? Cool name
@tylerjohnston7612 Жыл бұрын
Just don't read the wikipedia page while watching the doc or it will ruin it for you (almost word for word)
@neversettle9920 Жыл бұрын
kzfaq.info/get/bejne/gZ-RhsuErNzWZJs.html
@rockroyaltymc Жыл бұрын
the fact that he paid back everyone who believed in him when his business failed just says it all about this man. if you're reading this Wayne... to me, I'd pick you out of the 3 founders to have coffee with and chat with. I'm more impressed by this man than the other 2
@adityasanthosh702 Жыл бұрын
Steve Wozniak is an amazing human. I would rather want to talk to him
@Marsalien100 Жыл бұрын
I think all three of them are exceptional human beings. People like Jobs, Wozniak and Wayne don't come to this fame and fortune very often. The saddest part of it all is that Jobs passed away.
@green_earth2023 Жыл бұрын
World would be better off for loads of generations to come for all, resulting in prosperous living earth if we support right people like Wayne, as a role-model for sure!
@charliefox9424 Жыл бұрын
Wow. Amazing. A coffee and a chat with you what a winner he must be. LMFAO.
@brozak3559 Жыл бұрын
True
@hosamfikry2924 Жыл бұрын
I fell in love with his soul and integrity. Such a great man ❤
@freetheworld2671 Жыл бұрын
I didn't, but he's not fighting himself at nights so that's good.
@Bulletguy07 Жыл бұрын
Perhaps the saddest part of all was hearing how he lost his life savings in a robbery after he'd retired. Strange that neither Jobs or Wozniak appear not to have helped him back up after that, particularly as he remains on good terms with them. Wayne seems happy and content with his little mobile home. At least he hasn't got the mither of parking a bloody big useless ship!
@petersmangalisongoma2013 Жыл бұрын
This is what happens when you play too safe. You tend to have misfortune in your little safe haven
@ikeu64336 ай бұрын
Keeping it would n gold is so much riskier than keeping it in a bank. They don’t teach enough about finance in school. He should’ve been taught about FDIC.
@LaurenceDay-d2p23 күн бұрын
Jobs could have given him a stipend, if nothing else. I would. I would give him at least $5,000 a month.
@nutriapeluda Жыл бұрын
I can respect a man who knows his own limits and is kind a gracious even after the ordeal. The video said it best, everyone speaks highly of him where as the same it's not entirely true of Jobs.
@ivanleon6164 Жыл бұрын
the real lesson is how that is what really matters at the end.
@Emira_75 Жыл бұрын
No entirely true? Apart from fanboys EVERYONE DESPISES Jobs
@crossbearer6453 Жыл бұрын
Jobs persevered and sent the company to great highs Granted , personality wise he was not the best But what he did with Apple was good
@brandmotivo Жыл бұрын
Well written.... Let's put this in perspective... Steve Jobs made all the money he could ever have imagined.... but he was an angry, miserable, arrogant man that had very little happiness and now he's dead. Money gives no happiness at all because you're always constantly chasing more. Remember that...
@Marsalien100 Жыл бұрын
He folded when he knew he didn't have the best hand.
@maythemysticmuse4071 Жыл бұрын
such character... his integrity and dignity that he holds and carries is PRICELESS. His soul and spirit cannot be stolen, destroyed. He is a legend.
@freetheworld2671 Жыл бұрын
Is it purely integrity or addicted to losing?
@leflyxdvd Жыл бұрын
@@freetheworld2671 wouldn't say addicted to losing but having lost before and probably seeing signs on how he lost before in the recently formed company he got scared and thought back to his own failure and didn't want to go trough that again.
@MTK90 Жыл бұрын
Man of less risk but a lot of integrity and integrity is something rarely found. I would love a man like him to be my partner in any business
@chavale2 Жыл бұрын
If he was in the Company would have gone in different direction; He would have put a brake on the two Steves direction; CEST LA VIE; Nothing to feel sorry moving forwards is a smart choice
@dearyvettetn4489 Жыл бұрын
As someone who ran a small business that I had to close and financially recover from, I understand his hesitation when things in a new company with a new business model start moving fast and the pressure and risk increased. I can’t say that I would have rode it out, especially as the older partner who was once bitten and had less time to recover financially if things went wrong.
@bobweiram6321 Жыл бұрын
There was little risk for him. He didn't put much into the partnership and left when things started gathering momentum. He's just trying to save face, realizing it was a bad decision.
@voidvector Жыл бұрын
@@bobweiram6321 Apple incorporated as a corporation in Jan 1977. He left in April 1976. The business at the time was a partnership, so creditors can come after his house and retirement fund.
@rabbit251 Жыл бұрын
I was in a start up where a Chinese friend wanted to start a Chinese fast food restaurant. He almost had an investor (big money from China), but then he demonstrated that he didn't have any idea of how to run a business. He was also suppose to make major decisions with me. (I was working a half salary as my half of the investment. He owned an Asian pear orchard). We had 3 restaurants and were going to open a fourth, but the third we opened (without my consent or knowledge until after the fact) was a horrible location and we lost it, one of our other restaurants (2 were profitable), and then we lost our investor and any chance of success. I had restaurant experience, but my partner didn't. It was too bad. I had asked one of my other Chinese friends who had owned a restaurant for decades to help develop the menu which was pretty good (and why the first 2 restaurants were profitable).
@loendsti Жыл бұрын
that sucks
@bobweiram6321 Жыл бұрын
@@voidvector A regular partnership, or LLP, requires an equal ownership and liability by all parties. Since he only owned 10%, it had to be an LLC, which limited his risk to what he put into the business.
@DanCreaMundos Жыл бұрын
Considering what happened with every single one who started Apple with Steve Jobs, frankly he probably would've lost everything later or ended up selling it to Steve for some more cash. It's highly unlikely he'd still have 10% of apple nowadays.
@JackieWelles Жыл бұрын
Even with barely few % shares he would have been a milionaire. Still like he mentioned, he didnt wanted to sit in the back of the building sorting documents which is undertandable.
@CardGamesTV1 Жыл бұрын
@@JackieWelles he wouldn't have Been. They have computers for that. Also he a founder he could hire someone else to do it. These are excuses. To justify the worst decision in his life. Smh
@kevinstfort Жыл бұрын
@@CardGamesTV1 agreed
@FunkyJeff22 Жыл бұрын
@@CardGamesTV1 Spoken like someone who has never been in that situation before
@kodaph Жыл бұрын
@@JackieWelles Just like Facebook's co-founder who gave Mark Zuckerberg 18K when Facebook was still in its early stage, has 0.03% share.
@skydivekrazy76 Жыл бұрын
Wayne is the kind of man you WANT to have a significant roll running a business. That kind of integrity can not be taught or bought.
@KNByam Жыл бұрын
Its the only thing you can take with you to the afterlife.
@horsthorst11 Жыл бұрын
So you have to ask yourself what kind of people remain in all big companies today. Small hint: there‘s not a lot of Waynes.
@tonic316 Жыл бұрын
@@KNByam what after life? lmao
@joeybox0rox649 Жыл бұрын
T-Rump is also a huge failure. 👎👎
@MABinBarcelo Жыл бұрын
you'll lose money...
@yamiRic Жыл бұрын
I really like this guy's thinking and personality. He might not receive the money but I think the two Steve are talking about him as their mentors during early Apple days. He is the kind of guy that nurtured the talented and disappeared to do things he loves
@KalaGora031 Жыл бұрын
Both founders are loaded, they could help this poor guy just put sympathy. He is living in mobile home, went through many ups and downs. Really admire this guy, he paid back all his People after his company went down. Must be a honest man and a good friend. I wonder why those two never offered him a hand $
@sali96 Жыл бұрын
My thoughts exactly or even offer a very small share of Apple at least
@kelvinfernandez3205 Жыл бұрын
Steve Wozniak actually gave out a lot of his stocks to early workers of apple that Steve Jobs left out.
@pikestance4219 Жыл бұрын
We do not know if they offered or not or even if he accepted something or not. My impression is that he would have told them both, no.
@leusmaximusx Жыл бұрын
why they didnt gave him a share from their personal stocks, at least , both steve have so much they can consume
@MizTheDonGargon Жыл бұрын
@@leusmaximusx Steve Jobs is dead
@patlopez2093 Жыл бұрын
I really appreciate how well researched and thoughtful your videos are. Thank you!😊
@mdturnerinoz Жыл бұрын
In my time in Silicon Valley (1977-2006, Cupertino, San Jose, Santa Clara, Sunnyvale), I worked for 3 startups. Two of the three failed, and for the third, I made a whole $USD70,000. But I had lots of fun working with really smart people! Still lucky me! Based on this, I absolutely agree with Wayne's approach and position. I will buy his current books and anything new; I gotta support a fellow startup person even if I'm not in the same solar system.
@mrtee3477 Жыл бұрын
I could have been a millionaire if I didn't sell my 5 million Dogecoins in 2018.
@manp1039 Жыл бұрын
wondering which startups you worked with and which one eared you $70K
@DoomFinger511 Жыл бұрын
It's sad in hindsight, but makes total sense what he said. People forget that Apple was 1 of 100 other startups trying to do the same thing. It's no different then the story of Peter Teal who invested $500k in the beginning of Facebook then left, never thinking it would get as big as it is. I believe he could of still tapped into his connections with the 2 Steve's to find a place being hired as an employee for Apple on a high paying executive level if he needed money. I'm sure they would have extended that offer due to their history.
@AjanKan Жыл бұрын
They did! Steve Jobs kept trying to bring him back, but Wayne made a decision and stuck with it.
@DoomFinger511 Жыл бұрын
@@AjanKan I didn't realize that. That seems pretty stubborn.
@iGizmoTech Жыл бұрын
Definitely ruled by fear.
@chigozie123 Жыл бұрын
11:35 One thing I am starting to wonder is, Did Wayne have anybody else that he bounces ideas off of? Someone like a business advisor or even just a mentor. It seems to me that he lived in his own world, worked alone and was always inside his own head, analyzing his own moves and making decisions by HIMSELF. While I admire his integrity and good natured personality, I can't help but wonder how different his life would be if he had someone else other than himself, to consult with, much like the two Steve's had with each other. Anyways, perhaps he did have someone, but I can't help but imagine that after everything he went through, something must have frightened to the point where his only response to risk is to run, not fight. Great documentary as usual DG.
@michaelbuto305 Жыл бұрын
Watching people lose their money on him while he being passionates about his work probably put him on that lifestyle. Then again he live longer than steve jobs himself. So its a little bit of everything, but you can be sure with his track record, he is quite kind.
@yeahyeah9869 Жыл бұрын
There's time where you run and times where you fight, for him who's not in his 20s like Steves, if the company goes bust then all his life saving would have gone and he's not an age where he can start over
@johnnychang3456 Жыл бұрын
I think he’s that kind of person who is not for business. He’s literally too kind and probably a great engineer with not so great people skills.
@Iron-Bridge Жыл бұрын
Everyone has to know their limitations. And frankly he was successful on his own terms. It's easy for us to judge him because we have benefit of hindsight.
@cmr_77 Жыл бұрын
👍🏼great analysis. Foreal. You could be a preacher
@reelenz Жыл бұрын
Really appreciate your videos man. I started watching during COVID when I got laid off and for some reason they bring a sense of comfort to me. Keep it up!
@mhc4124 Жыл бұрын
They're what Care and Reason feel like, in an era where neither ever seem to be permitted to exist together.
@--DM Жыл бұрын
Each success has a reality gap. It is very common that those missing 10-20% to success are actually filled in by unsung heroes like Wayne. Unfortunately, the world is very unforgiving to nice people who would not cut-throat or strongarm/backstab people. Great story!
@zaidlacksalastname4905 Жыл бұрын
He made the best decision he could with what he knew at the time. No reason to regret it. It's like saying "I should've gotten a lottery ticket!"
@PAYDAYHEDGE Жыл бұрын
Bs he admitted here that he knew Apple would have been successful so what decision did he made exactly with the information that was available to him if I may ask? He just didn't want to stick around and do the work cause his bosses are old enough to be his son or whatever other bs reasons he gave
@ralphwarom2514 Жыл бұрын
He is still alive. FK money. Time is everything. None of us know everything. He did what he knew was right then.
@jonjeskie5234 Жыл бұрын
@@ralphwarom2514 no there's a hundred ways he could have done this differently. Even if he didn't want to work he could have still held his shares. Or he could have waited it out for a short period of time till they got big, and then changed his position inside the company. The dude is a quitter, plain and simple.
@BrawndoQC Жыл бұрын
@@PAYDAYHEDGE that is everyone invested in public and private stocks. If I had knew the market in 2020 I would have made millions..
@PAYDAYHEDGE Жыл бұрын
@@ralphwarom2514 he is still alive? Wouldn't it be better to be still alive with couple of billions or to be still alive with couple of regrets and living in trailer park like house
@demilishing Жыл бұрын
I probably feel more sad for him than he does for himself, what an amazing human. I hope and try to look at the world as positively as he does. It's probably why he still looks so healthy!
@williamyoung9401 Жыл бұрын
A shame the two Steve's didn't help him out at all, despite their "high praise" of him.
@xi7837 Жыл бұрын
Selling stock that would be worth 220 billion dollars today for 800 dollars has got to go under the biggest oof moments in history
@KNByam Жыл бұрын
Most expensive L's in history. Lol even worse that the original McDonald's owners.
@sirtrollalot7762 Жыл бұрын
@@KNByam That wasn't an L, the McDonald's story is straight up fuckery, they should have hired a hitman honestly
@darrenb1619 Жыл бұрын
The Mc Donald’s story is a lot of Kroc!!!😮
@sailaab Жыл бұрын
Excellent presentation style Dagogo brother and your productions are always TOP.CLASS. . It is not always that we find this story being narrated without hyper-excited melodrama in the narration. . Loved it! Hope to be able to directly support you, in my better times, in the future.
@streetpharmacist Жыл бұрын
My dad got burned on businesses in the 80s, and became very conservative the rest of his real estate career, because the pain he endured from the failed businesses, he never wanted to experience again. Understandable with what this guy went through early on.
@BewareTheLilyOfTheValley Жыл бұрын
I can sympathize with Wayne. I also don't want to run a business, nor do I really want to be a manager/supervisor to anyone, either. If someone within weeks of meeting wanted me to help them with setting up a business, with the fact being any debt incurred by them would also be my debt, I'd be terrified and would probably leave as well. Missing out on getting to be set for the rest of my life would be unfortunate, but I know me and what I can (and and can't) handle. Who's to say that with such a person in the mix, the company would've even taken off? I respect Wayne's decision and hope he's living a fulfilling life.
@vancityexe Жыл бұрын
Damn. What makes this a little less sad is that Ronald was OK with his decision. Unfortunate his gold and silver got robbed.
@somatripathy88 Жыл бұрын
You are one of the best narrators/storytellers on KZfaq. The way you narrate all these real life events is just captivating. A big fan of yours!
@official-Living-LifeFast Жыл бұрын
⤴️⤴️ Hi... Thanks for watching and always supporting this channel. Let's talk now for more profitable insights...
@sandile84 Жыл бұрын
My current net worth is about $30k, i would have been worth $13 million right now if i didn't sell all my Binance coins early in 2017. Watching this video makes me feel a little better for missing out on financial freedom. Lesson i'm taking from this video is there are always opportunities, and that you shouldn't be afraid of pain.
@andy-xz2uk Жыл бұрын
cope harder buddy
@GK-op4oc Жыл бұрын
Nah. You would have spent the money
@fromthepeanutgallery1084 Жыл бұрын
Learn from the mistakes. I only lost a small fraction compared to you (400K) from 2017. It hurts I know. Try again with the experience you gained.
@Donkeyiser Жыл бұрын
It's entirely possible that if he had not sold, Apple would not have turned out the way it did. Having 10% of the company in the hands of someone that didn't share the same viewpoint would of course have impacted the direction of the company. His integrity and sense of morality may have led to less ruthless business decisions, and this could have left room for a competitor. This may have been better for the world.. but you can't say that if he had just kept his shares, everything else would have worked out the same
@raredreamfootage Жыл бұрын
Jobs would have pushed him out. Maybe Jobs did push him out, but nobody is saying it?
@freetheworld2671 Жыл бұрын
He's clearly jinxed!
@streamingaccount3155 Жыл бұрын
Seems like he's more of a silent partner.
@Big_Tex Жыл бұрын
People get a bit carried away with the idea of owning 10% at founding. He would have been massively diluted just a year later when the partnership was reformed as a corporation with other investors. Then diluting ownership to venture capitalists, the IPO, and 45 years of stock options being issued. Even Microsoft bought a significant chunk of Apple in 1997. He’d probably be well below 1% even if he never sold a share. Of course I’d still take that.
@randomlygeneratedname7171 Жыл бұрын
Diluting is a robbery. 10% should be 10%
@tgchikukwa6947 Жыл бұрын
Even owning one percent would have made him a multibillionaire about $20B plus.
@sirflimflam Жыл бұрын
Even a 0.1% stake would be life changing with Apple's ridiculous valuation. If he managed to keep it through all the turmoil at Apple before they reached that ridiculous valuation.
@bobweiram6321 Жыл бұрын
There are janitors, secretaries, assembly line workers and baristas who are now millionaires simply because they were given a few shares by startups far less successful than Apple. Your slice may shrink, but the pie can grow exponentially.
@Big_Tex Жыл бұрын
Also worth noting, Wozniak isn’t a multibillionaire, and one reason is that he generously offered up a lot of his shares to employees for the IPO. Meanwhile Steve Jobs was certainly NOT so generous, but when he got fired in 1985 he sold all shares except one, supposedly. He became a billionaire thanks to Pixar, not Apple.
@dracorpgroup Жыл бұрын
The fact that this man struggled to settle with his early investors is a story of honor among thieves; the fact that the other two who continued the Apple story and never offered to help Wayne at all is the story of dishonor among thieves. Wayne is my pick any day for a decent man. After fifty years in business, believe me, there are far too many of the latter than the former, Wayne. Best of health to you in your years remaining on this planet of the apes.
@WarriorsPhoto Жыл бұрын
There's always stories like this in all business ventures. Someone is bound to get cold feet 🦶. Risk is never easy 😢. And those that can mitigate it 😮come out ahead. 😊 Good story Dagogo.
@jonathanc3570 Жыл бұрын
To be fair, Apple wasn’t a safe bet. Apple almost failed multiple times, it was bailed out by Microsoft so the business itself technically failed. So it’s a lesson not to let life’s lessons affect you, but he can’t be faulted for his decision
@ohwell1832 Жыл бұрын
yeah even steve jobs was fired.. it was roller coaster ride for soo many years..
@bobweiram6321 Жыл бұрын
Failed multiple times? What are you talking about? It is perhaps the biggest success story in computer history.
@bluecollarmenproductions Жыл бұрын
@@bobweiram6321 no it did fail in the 90s it was doing so/so the iPod changed everything
@bobweiram6321 Жыл бұрын
@@bluecollarmenproductions Apple was struggling, but they didn't fail. It happened once over their entire history. Microsoft also didn't bail them out. It was a merely a truce over legal disputes between the two companies. It was only $100 million dollars which is insignificant considering Apple was raking in billions in revenue at the time.
@Ozymandias1 Жыл бұрын
I considered buying Apple shares in 1996 but decided it was too risky as the company was nearly bankrupt. The next year Steve Jobs was back and we all know what happened next.
@hypnotico7051 Жыл бұрын
Selling off his shares an apple was not his biggest mistake in life. But keeping his life savings in his house definitely was a terrible decision. Don’t be like this guy. Don’t be drawn in by Gold and silver sellers that are just trying to get your money.
@jorceshaman Жыл бұрын
There's nothing wrong with owning gold and silver as investments. His mistake was not having them secured well enough.
@hypnotico7051 Жыл бұрын
@@jorceshaman No it's a pretty bad investment. The growth in value of precious metals is terrible compared to index funds. You have to make sure you are buying from a reputable source so you don't get ripped off, then when you want to sell it good luck getting anywhere near the spot price. Businesses will want to undercut you and individuals will pass entirely because if they are paying spot price they might as well go to a reputable dealer. Plus you have to physically store all this shit which is a hassle and leaves you potentially vulnerable. You have been fooled by incredible marketing from gold sellers and their affiliates.
@jorceshaman Жыл бұрын
@@hypnotico7051 Except that cash/businesses are extremely vulnerable and I question whether we may be on the verge of a worldwide economic collapse. Gold has been valuable no matter what over the past several thousand years. It's not marketing, it's history.
@hypnotico7051 Жыл бұрын
@@jorceshaman Good job not addressing any of my points. The US dollar is one of the strongest currencies in the world. It's the World's reserve currency. The downfall of the dollar is another one of those marketing points that you fell for.
@jorceshaman Жыл бұрын
@@hypnotico7051 It's not marketing. I don't give a shit about gold marketing. Stop assuming I'm watching ads.
@ScottJWaldron Жыл бұрын
Interesting video! Certainly mixed emotions considering how things played out. It's not easy choosing a path in matters like this. My business ventures with other people thus far have been flops. I probably would have been smarter to exit sooner than I had each time because I was always the one doing a lot of the work. I definitely understand Ronald's perspective here.
@ter6501 Жыл бұрын
Well the guy seems to be in decent health for his age, has a nice house, I'm sure has a happy family. At the end of the day, that's what's important.
@official-Living-LifeFast Жыл бұрын
⤴️⤴️ Hi... Thanks for watching and always supporting this channel. Let's talk now for more profitable insights.....,
@tomondiek2839 Жыл бұрын
keep telling yourself that buddy
@javanesemystic Жыл бұрын
The man is egoless. 🙏🏼🙏🏼 Thank you for sharing his story, Dagogo. ✨
@CardGamesTV1 Жыл бұрын
He also penniless. And clearly regrets his life choices. He will die barely being remembered. Smh he could have done what he did while still being part of apple
@AmritenduRana31082000 Жыл бұрын
You know him personally ?
@ReneMedia Жыл бұрын
Egoless? His ego except for the robbery and contract is actually the reason for the biggest of these mistakes.
@d.l.d.l.8140 Жыл бұрын
Wayne appears to be a relatively happy, well adjusted person who followed his heart. We could do much worse.
@freetheworld2671 Жыл бұрын
And is comfortably living in a trailer home. Follow your heart, that's silly; follow the money.
@d.l.d.l.8140 Жыл бұрын
@@freetheworld2671 Good luck Melvin.
@judgeeyejay2869 Жыл бұрын
I think he just didnt want to be the only founder not named steve
@foxxrider250r Жыл бұрын
Imagine
@harrycee656 Жыл бұрын
He chose the more fulfilling path that deserved great respect. The unfortunate events afterward are sad 😔.
@davidmiller9584 Жыл бұрын
Investing is too "risky" so better save your money. while in reality it is in fact a necessary act to fight against inflation. it was an enlightening moment for me when i learned how money really works. Now I only wish I had started in my twenties and had more time to take full advantage of the bulls and bears. Now I own 3 rental properties, started my own business and my net worth has increased by $500,000
@harriswalker7689 Жыл бұрын
The markets are a trap for the avaricious. Don’t believe me, then let me know how it feels to loose it all, just before you jump out the 20th story window! Did you ever hear of 1929, this is going to be worse. The banks will fail first, followed by the markets, then the housing markets.
@TheSachinRK Жыл бұрын
The man himself is quite content with his decisions but it's the other people thinking that he missed out on an opportunity big time and trying to make him feel someway that isn't OK which he totally was. We all have to embrace the 'maybe or maybe not' kind of life else if the world had it it's way it'll make you sad and depressed about everything,, even your existence.
@jedijedi-te4fe Жыл бұрын
A humble guy who had nothing but bad luck all his life.
@arafatshabazz6066 Жыл бұрын
This is a very important part of the story that most people miss out on. They try to make it seem like two young kids started a computer company but they had experience around them guiding them. I think it's very important that this part be highlighted for future generations.
@vonkruel Жыл бұрын
It's not really a sad story. This man has his head screwed on right, he's got real integrity, and he doesn't seem to live in regret. I just wish he had gotten more for the contract! Very well told story, +1 subscriber.
@alexrangel490 Жыл бұрын
I've been listening to your videos all week while stuck at work. Thank you for the new video and for making the days bearable 😅
@XOPOIIIO Жыл бұрын
His mistake wasn't different from the mistake of any other person back then, who didn't bought the share in the first place.
@roncur Жыл бұрын
Company went public and millions of people didn’t buy a single stock, I feel that. Good point
@rsstnnr76 Жыл бұрын
The fact that he's part of Apple's history is pretty cool.
@riotwire Жыл бұрын
Anytime I think my life is unfair, I will think of this guy and get a reality check. Good to see he still seems to have a good attitude, but it sure seems like the universe is out to get him 😐
@cyberla Жыл бұрын
Haha!
@williamyoung9401 Жыл бұрын
The guy who started Victoria's Secret killed himself. =/
@misterm7086 Жыл бұрын
This guy kicked the universe in balls. He’s not lead around by a ring in his nose.
@rooh5825 Жыл бұрын
It's amazing that neither Steve never helped this guy out with a million or two. Cripes they have so much money, there must have been a lot more bitterness that never went public.
@haydo8373 Жыл бұрын
I know right, why don't they flick him a million or get him to write a book for Apple with great contract terms
@DannyTillotson Жыл бұрын
Thinking the same. Some friendship right.
@arsalananwari4377 Жыл бұрын
Doubt Dwayne would accept them giving him money out of his principles. It’s also an insulting thing to do back then. Handing money to an old friend like he is some poor beggar... Although Dwayne was never rich in his lifetime, he also wasn’t exactly poor either. No need to lower your self worth by begging for money to your friends. Only case I could see the two Steves send money to Dwayne is when he has serious health issues and can’t pay his medical bills.
@bobweiram6321 Жыл бұрын
They were friends, but they were probably not that close. Wayne cut and run right when the momentum started to build up. He wasn't a believer.
@blackbox1024 Жыл бұрын
@@haydo8373 Business is not charity my friend, why give him a million(s) for a few pages of contract and a logo ?
@Moon-Real Жыл бұрын
Hey man I’ve been binging your content the last couple months, you’re doing amazing work. Is there any way I can get in contact with you?
@frcl Жыл бұрын
i saw you lately on my feeds, good documentaries, thanks!
@mikepearson8865 Жыл бұрын
If anyone out there knows Wayne, show him the comment section of this video. He may not have gotten rich, but having this many people admire your character is much more impressive.
@FinancialShinanigan Жыл бұрын
Can't fault him for selling his stake for $800, hindsight bias is real and Apple could have easily gone bankrupt. Besides all of us would've sold our shares had it jumped to even $100,000, let alone
@shahtayyib Жыл бұрын
Just wanna say I love your channel. Keep making awesome content !
@dcdesignninja Жыл бұрын
This is a PERFECT example that *Being an Entrepreneur is NOT for everyone* Being timid & emotional is of course a part of human nature, but not in business. And for those that see that as an attack on Wyane - it's not/Would you want your heart surgeon to be timid or emotional while giving you a triple bypass.......Exactly!
@WillieWilson99 Жыл бұрын
I've read a lot and watched tons of videos about the early days of Apple, so I was about to skip this video thinking: "He's gonna talk about Mike Markkula for sure, no need to watch this...". I watched it anyway because all of your videos are good, so I thought I'd give it a try, you didn't disappoint, I've never read about Wayne. It doesn't matter if I woke up feeling like a smart ass and I think I know everything, even about topics I really like and do tons of research, there's always something new to learn from your videos. Keep up the awesome work and thank you for taking the time to do it! 🙌🏻
@renerpho Жыл бұрын
Having no regrets is something no money in the world can buy.
@fromthepeanutgallery1084 Жыл бұрын
"Better your own house made of planks, than a lavish fair in the house of another." I read this quote once, I think it was from the Bible, but have not been able to find it. I absolutely love it, something I revert to when I think of working and being bossed around by someone else.
@ArnaudMEURET Жыл бұрын
During the first NeXT developers’ conference in 1992, I came across Steve Jobs who was idling at the NeXT booth. Too young and impressionable, I couldn’t get the nerves to shake his hand and introduce myself as a young French software engineering student and NeXT registered developer. How would it have changed my life? No regrets, I love the life I have.😊
@sapelesteve Жыл бұрын
Amazing story CF! I had never heard about Wayne before now. All of us can second guess his decision. However, as he noted, it was the correct decision for him at that time.
@TheUglyGnome Жыл бұрын
I know what it's like to been in his situation. I'm in a similar one. Had to leave a business, which later became very successful and makes millions/year for my business partners. But I don't regret. I'd rather be just an average Joe than a multimillionaire locked in a mental institution. That's what would probably had happened if hadn't quit the business.
@jamesbenz3228 Жыл бұрын
Yeah I think a lot of people when thinking about these situations forget you're not just simply walking away from tons of money, there's also then insane workload to be done.
@69jbr69 Жыл бұрын
Personally I think he saw what money does to people by living in Vegas. It's like the dark side of the force and universal. Rewires your brain. Sure you see it in your old business partners. I had a similar experience working in Tahoe for almost a decade in my youth with intentions to get rich. Than I saw how the rich lived. Horrible marriages, messed up kids, surrounded by fake friends and just all around miserable and most were alcoholics. As a worker I got to see all the background stuff. Life changing to say the least. Semi retired by simply spending wiser and working less and enjoyed my youth for next couple decades. No regrets. Money can't buy the really important stuff.
@kentong2033 Жыл бұрын
@@69jbr69 holy crust, yeah that's scary when u say it out loud! 😬 It's sad when people become soo obsessed w/one aspect of their lives - money/career 💸💰, they ultimately n regretfully sacrifice their health, hobbies, and relationships in that single-minded pursuit. 🤑 The 5 Pursuits to Balance & Maximize in Life: Money, Career, Health, Hobbies, Relationships - a successful life for all individuals require a healthy balance in all five of these categories/pursuits in life 🪙❤💙
@foxxrider250r Жыл бұрын
@@69jbr69 couldn't have said it better myself
@gmfv125 Жыл бұрын
No matter what we do or don't do, or what we decide or not, our destiny has to be fulfilled, we like it or not. We are just toys in the hands of fate.
@airbnbguest160 Жыл бұрын
Man, that was a fabulous story! Despite hearing bits and pieces before, no one has articulated it this well 👍 btw where on earth do you get these high quality real pictures and videos ??
@osenisays Жыл бұрын
Thank you very much Dagogo for this very enlightening video. I never knew there was a third funder.
@BronzeMantis Жыл бұрын
If I recall correctly Ronald Wayne served as the inspiration for Walter White and his departure from Gray Matter.
@huthayfa1723 Жыл бұрын
I have to write my thoughts on this since I know someone who's just like Wayne. First mistake : When he failed at his first business he did not look at it objectively and analyzed the situation, instead he took things personally and closed the business. He had some ego issues, otherwise he could have asked for help and people will be happy to help him revive the business. But no, he want to be the only person behind his own success ( which I think an ego thing ). Same ego thing made him refuse the $50k was offered by Jobs when they first knew each other. Also ego made him buy his own shares from his investors when he did not have to and no one would blame him if he didn't do it, but he always makes things personal. Second mistakes: Although he knew Apple was going to be something, he saw himself doing some boring job with 10% while two kids do the fun stuff and have other 90% would hurt him.
@wat5513 Жыл бұрын
Paul Allen. I'm watching patiently for a coldfusion video regarding Microsoft's lesser known founder.
@neom0nk Жыл бұрын
Weird to me that Steve wouldn't have jumped in and helped him financially.
@KarlHamilton Жыл бұрын
Not that strange considering he was an asshole.
@CoolGobyFish Жыл бұрын
Jobs wouldn't even help his own daughter
@reggiep75 Жыл бұрын
I can understand his apprehension. He'd failed already in business and the new projects were not his, so he sold out. At least he achieved things that most of us will never attempt, out of fear, so he still achieved lot even tho he's not a millionaire. I'd heard of the story long ago but this is a nice video, as always. Keep up the good work! 👍
@richardszyniszewski2791 Жыл бұрын
Thank for the story. It is really sad that Apple did not, and does not support Wayne financially. This obviously will be s tax write off for the company, but as the story has been told here: it would be better to turn to ice for warmness.
@divyamacsuedon3899 Жыл бұрын
From a big fan of yours. With thanks. Wayne, a gentleman to the core.
@j2eulogy Жыл бұрын
As always, this was a great watch 🔥
@stranded_mariner7695 Жыл бұрын
Respect to the man for moving on with his life, despite being knocked down several times.
@TheArtmann Жыл бұрын
So he was almost 20 years older than Jobs and Wozniak, and yet he outlived them both. Perhaps it has something to do with him getting out.. perhaps not. But kinda makes you wonder the pressure Apple had on the other two
@ADreamingTraveler Жыл бұрын
Wozniak is still kicking at 72 years old. I think Jobs was the youngest of all of them and he died first because he refused to treat his illness the correct way and insisted he do it 'his way' and paid the price
@TheArtmann Жыл бұрын
@@ADreamingTraveler well.. here's the secret... I'm stupid. Idk why I thought Woz is dead. I should have checked before I posted. As for Steve Jobs.. yes. He went his own way with the treatment
@Kekada31 Жыл бұрын
This is consistently one of the most beautiful channel on KZfaq. Please keep making videos.
@inoj4485 Жыл бұрын
One of my faveourite stories is the one of "icarus". it tells you not to fly to high to not get burnt and crash down buut it also tells you not to fly to low if you dont want to get swept by the ocean waves. you got to be humble but not that humble.
@celozzip Жыл бұрын
he sold the original contract in the 90s for $500 and in 2011 it sold at auction for $1.6 million. guy is the king of bad decisions.
@bobweiram6321 Жыл бұрын
Tell me about it! By the 1990s, Apple was already a national mythology and a symbol of entrepreneurship--an inspiring story of two college dropouts who built an industrial empire from a humble garage. How could he not see the value of owning one of the most important artifacts in its history? It should be noted he was a collector of stamps and other memorabilia, which makes his decision even worse.
@tinaenglish8506 Жыл бұрын
It would be mighty of Apple to give this man a HAND UP!
@victorblock3421 Жыл бұрын
The world sometimes needs ruthless people like Steve Jobs and always needs men of integrity like Ronald Wayne.
@TheEcono Жыл бұрын
Wayne earned the respect of both the other founders and I'd like to say he earned my respect too ☯️🙏
@tonic316 Жыл бұрын
respect doesn't buy you anything though lmao
@TheEcono Жыл бұрын
@@tonic316 Some people are so poor, all they have is money ~ Bob Marley
@tonic316 Жыл бұрын
@@TheEcono thats some nice copium from a poor
@tonic316 Жыл бұрын
@@TheEcono I don't care what anyone says. Being rich is a good thing ~ Mark Cuban
@enterthecringe7552 Жыл бұрын
@@tonic316 yeahhh, man didn't have to like be insanely wealthy but he could've reinvested his bread better into living a comfortable life with a family and passing that down at least. This shit was depressing lol
@dsnodgrass4843 Жыл бұрын
Even if he never made a dime from the whole affair, he has one thing only one other living man on Earth can claim: he was there at the beginning. And as such, history will remember him forever.
@foxxrider250r Жыл бұрын
Very true . Money isn't everything
@roncur Жыл бұрын
@@foxxrider250r but it’s right up there next to Oxygen
@johneli495 Жыл бұрын
@@roncur nope
@PAYDAYHEDGE Жыл бұрын
No body gonna remember that man
@The-Heart-Will-Testify Жыл бұрын
@@roncur that didn't help Steve jobs 😂
@_S._S._ Жыл бұрын
Apparently not so sad. He seems like a very content person who has lived a full life
@rickintexas1584 Жыл бұрын
I have been in Wayne’s shoes. I have helped create small businesses. It is a marathon, not a sprint. I have made money and lost money from these ventures. None of them as big as Apple, obviously. But the secret to success is to keep balance, and have a good life.
@winstonsmith478 Жыл бұрын
There's a meme about "If you think you've had a bad day..." about this guy and the vast fortune he could have so easily had. "He co-founded Apple Computer Company (now Apple Inc.) as a partnership with Steve Wozniak and Steve Jobs on April 1, 1976, providing administrative oversight and documentation for the new venture. Twelve days later, he sold his 10% share of the new company back to Jobs and Wozniak for US$800 (equivalent to $3,810 in 2021), and one year later accepted a final US$1,500 (equivalent to $7,143 in 2021) to forfeit any potential future claims against the newly incorporated Apple. In the early 1990s, Wayne sold the original Apple partnership contract paper, signed in 1976 by Jobs, Wozniak, and himself, for US$500. In 2011, the contract was sold at auction for $1.6 million. Wayne has stated that he regrets that sale. Wayne retired to a mobile home park in Pahrump, Nevada, where he sells stamps and rare coins, and plays penny slots at a casino."
@p.o.frenchquarter Жыл бұрын
He had 10%. Which means he had 10% of profits and 10% of the liabilities. And essentially none of the power to push or pull things either way. And his job was production work for a kid old enough to be his son that he didn't respect. Gee... tough choice.
@Mroguee Жыл бұрын
Would love to buy his latest book just to support his decision and for being a true and kind person world needs desperately nowadays ❤️🙏
@BestMoviesInLessTime Жыл бұрын
I sympathize with Wayne even his business didn't became successful but the products and his knowledge in engineering made it work. The investors may loss their investments but still Wayne paid them back. Indeed it is not easy to build a business it is so risky. Great content and I love your videos.
@ChristianHunter Жыл бұрын
Great video, but minor correction, the border around Apple’s first logo read: “A mind forever voyaging through strange seas of thought, alone.”
@houserhouse Жыл бұрын
I feel for him. Randomly becoming a businessman wouldn't sound too good to most people
@LeadershipAlliance Жыл бұрын
Dagogo thank you for creating and sharing your supreme quality presentations. Bravo!👏
@amirbahalegharn365 Жыл бұрын
as you have mentioned, 65% of startups goes under in a decade so no one can't predict the future whether an idea will catch on or not, just like how VHS wasn't the best one but it prevails over the other one although bein inferior.... that's the story of mankind even in history...sometimes an individual will win easily over the others to rule and other times, some people have to really try hard to get to where they want to be...things are uncertain and that's both the beauty and the horror aspect of life
@absolutelypitiful3837 Жыл бұрын
Who says he has a worse life? He sounds like he had the exact life that he wanted, one fully on his terms.
@jkkmane Жыл бұрын
One thing about life is that no matter how many times you fail, opportunities will always come and go. Sadly for Wayne, he missed every opportunity that was thrown at him lol.
@Omphaloskopie Жыл бұрын
given his age, his booktitles, his tech-background and the fact he kept all savings in gold i really would like to hear what he thinks about btc...
@KNByam Жыл бұрын
That's my dream, to be the man behind the scenes, unknown and a billionaire.
@bradlyrose343 Жыл бұрын
I think I would of made the same choice as Wayne. I know what it feels like to realize you are out of your depth. Hindsight is a cruel mistress. I experienced the same thing when I was forwarded an email in the early 2000's for something called Bitcoin. All my friends told me I needed to start mining or invest. At the time I didn't have 2 pennies to rub together. My wife and I shared 1 1988 S10 to get back and forth to work. Investing would of left us living in that car. Sometimes I look back with disappointment. Though currently we live very comfortably. Own our home and couldn't be happier, though sometimes I wonder.
@sylentknight Жыл бұрын
well if that bitcoin was FTX I think it's safe to say you made the right decision
@fredflinstone6601 Жыл бұрын
If you’re comfortable with a good marriage you’re ahead of 99 percent of people
@1tunaep2 Жыл бұрын
That’s not a sad story. Just a guy living life and the ups and downs that go with it. He seemed happy to me.
@Kaimas7 Жыл бұрын
I don't think it's either sad nor stupid. Mr. Wayne helped the company to become what it is today and that is a proud achievement on it's own. You can't measure it by the amount of profit he made (or could have made). There are some things that go beyond money.
@web3982 Жыл бұрын
A Brilliant man who lacked imagination in a field very near to his talent!
@shivaneekhara473 Жыл бұрын
In the end, life is all about missed opportunities.