№ 01
1997 → 2011 Legacy Category Tech / Design

Steve Jobs

Walked back into a dying Apple and killed 70% of the product line. Bet everything on taste. Built the most valuable company on earth.

[ The move ]

In 1997, Apple was 90 days from bankruptcy. Steve Jobs walked back into the company that fired him a decade earlier. He killed 70% of the product line. 350 SKUs down to four. He took $150 million from Microsoft on stage to keep the lights on. Then he bet the company on a translucent computer no one had asked for.

He shipped it anyway.

[ Why it was risky ]

The market wanted servers and beige towers. Analysts wanted spreadsheets, focus groups, customer surveys. Jobs killed the Newton, killed the printers, killed the Mac clones, every project that didn't fit on a single 2×2 product matrix. He stood on stage and asked the most valuable software company on earth to invest in his enemy.

The "obvious" answer was to compete on specs and price. He did the opposite.

[ What it looked like ]

[ EVIDENCE 01 / STEVE JOBS, IPHONE KEYNOTE / 2007 ]

[ The numbers ]

$3T MARKET CAP BY 2022
4 PRODUCTS AFTER THE 1997 CULL
14 yrs BANKRUPTCY → MOST VALUABLE ON EARTH

iMac. iPod. iTunes. iPhone. iPad. Each launch a category bet. Each one absurd at the time. Apple went from junk-bond status to the most valuable company on earth, and the design playbook he cut, killed, and shipped is still the template every consumer-tech company copies.

[ The lesson ]

The risk wasn't taste. It was killing the things that were paying the bills. Jobs cut 70% of Apple's product line because survival required focus, not range. Then he kept cutting, kept simplifying, kept saying no when the obvious move was to add. R.I.S.K. exists for leaders who know the next chapter requires saying no to most of the current one.

→  Take the risk

[ Risk shape ]

Mode
FOUNDER-OVERRULING-BOARD
Distribution
POWER-LAW
Capital
REPUTATIONAL · CONCENTRATED
The other system's verdict
KILLED IN A SKU OPTIMISATION REVIEW

Steve Jobs killed seventy percent of Apple's product line. A CMO running the same exercise would have it framed as "rationalisation across categories", with each cut requiring a stakeholder consultation and a 90-day transition plan.

→  See how risk actually works
RiskThe moveYearStatusLink
01 Steve Jobs Killed 70% of Apple's product line. Bet on taste. 1997 Legacy You are here 02 Phil Knight Mortgaged life to import shoes. Built Nike. 1964 Alive Read → 03 Virgil Abloh Architect with no fashion training ran Louis Vuitton. 2013 Legacy Read → 04 Patagonia Don't buy this jacket. Gave the company to Earth. 1973 Alive Read → 05 Michael Jordan Walked from Adidas. Bet on his own name. 1984 Alive Read → 06 Rick Rubin Founded a label out of his NYU dorm. 1984 Alive Read → 07 Sir Alex Ferguson Bet a dynasty on teenagers. Class of '92. 1986 Legacy Read → 08 Kanye West (Ye) Burned the playbook every album. 2004 Alive Read → 09 Madam C.J. Walker Built a beauty empire from a stovetop formula. 1905 Legacy Read → 10 Liquid Death Sold still water like a death-metal beer. 2019 Alive Read → 11 Reed Hastings Killed the DVD to bet on streaming. 1997 Alive Read → 12 Sheryl Sandberg Left Google for a money-losing Facebook. 2008 Legacy Read → 13 Indra Nooyi Bet Pepsi on health before the market wanted it. 2006 Legacy Read → 14 Brian Chesky Strangers sleeping in your house. Now public. 2008 Alive Read → 15 Whitney Wolfe Herd Sued Tinder. Built Bumble. Women message first. 2014 Alive Read → 16 Will Ahmed Gave the hardware away. Sold the membership. 2012 Alive Read → 17 Tobi Lütke Couldn't find good software. Built Shopify. 2006 Alive Read → 18 Frank Gehry Buildings everyone said couldn't be built. 1962 Alive Read → 19 Allyson Felix Took on Nike. Started her own shoe company. 2018 Alive Read →