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Mr. Bill Gates. Most Successful Entrepreneur of the 20th Century.
Contents:
All About Bill Gates.Prodigy.Launch Of Revolution: Microsoft.Mr. Gates Views.Achievements
Mr. Bill Gates. William Henry "Bill" Gates IIIBorn on Oct. 28 1955 .He Is an American business
magnate, philanthropist, and chairman of Microsoft, the software company he founded with Paul Allen.
During his career at Microsoft, Gates held the positions of CEO and chief software architect. He has also authored or co-authored several books.
Family BackgroundGates was born in Seattle,
Washington, to William H. Gates, Sr. and Mary Maxwell Gates, of English, German, and Scotch-Irish descent.
His family was upper middle class; his father was a prominent lawyer, his mother served on the board of directors for First Interstate Banc System and the United Way.
Education.He was enrolled at Lakeside
school in 13.His school has purchased a
computer terminal and a block of time of computers of General Electric.
Gates started taking interest in programming.
Contd…
In 1974, MITS Altair 8800 Computer came into market.
Gates and Allen had sought this event as their opportunity to start their business of developing system emulators.
He proposed the company to show their demonstration in BASIC language. As a consequence of successful demonstration they got an opportunity to develop the emulator. Paul Allen was hired by the company. While Gates took a leave from college to complete the project and never returned to Harvard.
ProdigyA prodigy is a person that possesses
exceptional skills and abilities. Most often, it is a highly extraordinary child or youth that is unusually talented.
He wrote his first computer program on Tic-Tac-Toe.
Gates was fascinated by the machine and how it would always execute software code perfectly. When he reflected back on that moment, he commented on it and said,
"There was just something neat about the machine."
Computer Geek.
Since programming was in his blood, he along with his four friends were banned by Computer Center Corporation for exploiting bugs in the system so that they can get more time with computers.
After the ban for students were offered to work in CCC. Later they were hired by Information Sciences Inc. to write a program in COBOL.
A Genius.The Company soon realized his
capabilities of programming, he was offered to write school's computer program to schedule students in classes.
He deliberately modified the code so that he was placed in classes with mostly female students.
He later stated that “It was hard to tear myself away from a machine at which I could so unambiguously demonstrate success.”
Launch Of Revolution: Microsoft.
Soon after developing the emulator of Altair 8800 and when Gates dropped out of the college, Bill Gate and Paul Allen bind into a partnership and name their firm as Micro-soft. and had their first office located in Albuquerque.
Within a year, the hyphen was dropped, and on November 26, 1976, the trade name "Microsoft" was registered with the Office of the Secretary of the State of New Mexico.
IBM PartnershipIn 1980, IBM approached Gates
to develop a BASIC interpreter for their PC, but Gates referred them to SCP.
IBM representatives requested Gates for developing the OS as they got problems in licensing from SCP.
A few weeks later Gates proposed using 86-DOS(QDOS), an operating system similar to CP/M SCP.
A Witty DecisionGates did not offer to transfer the
copyright on the operating system, because he believed that other hardware vendors would clone IBM's system .
They did, and the sales of MS-DOS made Microsoft a major player in the industry.
Emerging Of WindowsMicrosoft launched its first retail
version of Microsoft Windows on November 20, 1985 and made an agreement with IBM PC’s. As the time progressed, Microsoft developed a pool of Software Engineers and released different versions of widows till date.
Gates Views.
Keys to Gates Success
Stick to your visionDevelop an A-teamThink Long TermMake a strong recoveryNever Stop Learning
VisionIn order to remain well focused
while running a company one requires to have a Vision and a Mission. When Bill Gates was asked by Fortune to explain the astounding success of his brainchild, Microsoft, his immediate response was, “Our vision, which has not changed since the day the company was founded.”
Never Stop Learning!!!
“Every now and then I like to pick up a copy of Time magazine and read every article from beginning to end, not just the articles that interest me most,” says Gates. “That way you can be certain to learn something you didn’t know previously.”
Entrepreneurial Traits
Gates Believe in:Taking personal responsibilitySetting high benchmarksRewarding skilled professionalsAsserting his authority on major
decisions
He was a Pace Setter in the beginning,But later he adopted Authoritarian style
AchievementsInspiring the ERA of Home
ComputerCommercializing the OSLaunching of Windows Becoming the Richest Man of
World
As we look ahead into the next century, leaders will be those who empower others
It's fine to celebrate success but it is more important to heed the lessons of failure
Your most unhappy customers are your greatest source of learning
~Bill Gates
Thank You!