Steve Jobs was the prototypical example of failure leading to success. Steve Jobs was always an experimenter and a doer. Although some of Apple’s products, such as the Newton, Power Mac G4 Cube, Next computers the Lisa, and Apple TV, were considered failures, he bounced back numerous times and introduced dazzlingly exceptional products that have and still are dominating the market. He was a superb example of an experimenter who sometimes failed in the marketplace, but learned from his mistakes and achieved subsequent success. This is the hallmark of the serial entrepreneur. He realized that technology does not just die out or become obsolete, it just becomes part and parcel of a new technology. His entrepreneurial mojo will be difficult to replace.
{Adaptated from book}