Ted Waitt

Ted Waitt is an American entrepreneur and the co-founder of Gateway, Inc., one of the most successful personal computer companies of the 1990s. Born on October 28, 1963, in Sioux City, Iowa, Waitt played a crucial role in revolutionizing the PC industry with a focus on providing affordable and customizable computers. He launched Gateway in 1985, and under his leadership, the company grew rapidly, becoming one of the largest PC manufacturers in the United States during the dot-com boom.

After Gateway’s success, Ted Waitt expanded his entrepreneurial efforts into various sectors, including philanthropy and sustainability. He has been involved in numerous charitable initiatives and environmental causes, dedicating time and resources to projects focused on global health and conservation. His work through the Waitt Foundation has focused on protecting the world’s oceans and promoting sustainable development.

One of Waitt's notable quotes is: “Success is not just about making money; it’s about creating something valuable.” This reflects his vision of business as a means of making a positive impact on society. Another memorable quote is: “You have to be willing to fail in order to succeed.” This speaks to his belief in embracing risk and failure as part of the path toward true success, particularly in the world of entrepreneurship.