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shockley Tagged Articles
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Lesson #3: The Accidental Entrepreneur is No Accidental Success
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| “There is such a thing as a natural-born entrepreneur, for whom the entrepreneurial urge drives everything, and who can make a business out of almost anything,” says Moore. “But the accidental entrepreneur like me has to fall into the opportunity or be pushed into it. Then the entrepreneurial spirit eventually catches on.” Moore and Noyce are evidence of the fact that entrepreneurs do not necessarily have to be born as such. Through a process of discovering their passion and being unhappy with their prospects at other companies, Moore and Noyce decided to start up their own business. It was their willingness to admit their shortcomings and seek out the help of others that the two accidental entrepreneurs in fact became two of the most successful entrepreneurs in modern time. |
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For All the Chips: Intel’s Rise to the Top
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| After signing a research contract with Sherman Fairchild’s Fairchild Camera and Instrument Corporation, the eight former employees of Shockley Semiconductor Laboratory launched Fairchild Semiconductor. Each of the eight had invested $500 in the startup, while Fairchild put up over $1.3million. “That may not sound like much now,” Moore says, “but it was a month’s salary in 1957.” |
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Lesson #1: Managers Are a Company’s Main Motivators
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| When Noyce and Moore went to work for Shockley Semiconductor Laboratory, both thought it was the opportunity of a lifetime. Within the industry, Shockley was considered a phenomenon; his physical intuition was legendary. “One of my colleagues claimed Shockley could see electrons,” says Moore. “He had a tremendous feeling for what was going on, say, in silicon.” |
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