This quote by Steve Jobs, has a lot of merits, more so that it is said by the serial-entrepreneur that succeeded in creating multiple multi-million dollar businesses. Many know Steve Jobs as the founder of Apple, but he also founded NeXT & Pixar.
Apple purchased NeXT in 1997 for $429 million and 1.5 million shares of Apple stock.
Disney acquired Pixar Animation Studios for $7.4 billion.
If you really look closely, most overnight successes took a long time.– Steve Jobs
The essence of the quote, is that success takes time, and there’s rarely any real overnight successes! Most companies spend several years before they are successful. The problem is people’s perception of time, and willingly ignoring the fact that these companies have been operating for some time!