There is no doubt that Apple is one of the most successful,
innovative companies ever – they fit the term entrepreneurship in every sense
of the word. Steve Jobs and Steve Wozniak started Apple from scratch in 1976.
These two visionaries started off in a garage, just like many other small
companies. They started off as the stereotypical entrepreneur; two people
assuming the risk of an enterprise and trying to build it into something huge.
Unlike many, Apple was able to become huge. Over the past ten years particularly,
Apple has revolutionized the way we live; first with the iPod, then the Mac
Books and most recently the iPhone. Apple certainly fits Schumpeter’s view of
entrepreneurship. This empire takes risks with fascinating new innovations,
they have created new markets, and expanded the ability for humans to interact
and go about daily activities.

There are several different views as to what an entrepreneur
really means. Apple is one of the few, if not only companies who at one point
or another have managed to encompass each definition someone comes up with for entrepreneurs.

Steve Jobs and Steve Wozniak hard at work