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Elvis Duran and the Morning Show ON DEMAND

The Backstory: Two Steves: Nerds Create a Trillion Dollar Company

Elvis Duran and the Morning Show ON DEMAND

Elvis Duran Podcast Network and iHeartPodcasts

Entertainment News, Music History, News, Comedy, Music, Society & Culture

4.71.2K Ratings

🗓️ 19 September 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

We all know about Steve Jobs and Apple. But how did he and his much quieter partner Steve Wozniak create this massive business that, like it or not, now controls our lives? What role did they each play in making it into the world’s first trillion-dollar company? And why did Steve Jobs get most of the money and fame?

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Transcript

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0:00.0

All right, answer me this. Don't you wonder how people come up with a groundbreaking idea and then

0:05.7

turn it into an international sensation? Because those are really two separate skill sets. One is creative

0:12.8

genius and one is business genius. A remarkable example of a pair of guys who had both are the two

0:19.8

Steve's, Steve Jobs and Steve Wozniak, the founders of Apple.

0:24.6

I'm Patty Steele, from a garage workbench to a three and a half trillion dollar company.

0:30.5

That's next on the backstory.

0:34.8

This is an I-Heart podcast.

0:40.7

We're back with the backstory.

0:43.1

All right, imagine you're a 19-year-old kid with an idea.

0:47.0

You don't know exactly how to develop it, how to launch it, or how to sell it.

0:51.4

You just know that computers are going to take over the world and you want to

0:55.1

be part of it. Steve Jobs grew up in California in what by 1971 was called Silicon Valley. He's an

1:03.3

electronics and computer nerd. And while he's in high school, a mutual friend introduces him to Steve

1:09.7

Wozniak, a guy who's a little bit older and a whole lot nerdier.

1:14.3

They bond and they start hanging out with an entire squad of nerds in a local computer club.

1:21.1

Before Jobs even turns 20, he gets himself a job at Atari, where he just tinkers with logic boards.

1:28.4

Later, he said Atari was where he learned the value of building something fun that people

1:33.6

would actually want to use.

1:35.7

But as it turns out, Waz, as he's still called, is actually the guy who can build all this

1:41.4

stuff.

1:42.4

In fact, in 1976, Waz shows up at their computer club with a simple,

1:47.9

single board computer he's been building just for fun. The nerds all flip out, especially jobs.

...

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