Bill Gates: A Success Story

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Bill Gates: A Success Story

Wanazuoni Media April 15, 2017

Bill Gates was born on October 28, 1955 in Seattle in a family having rich business, political and community service background. His great-grandfather was a state legislator and a mayor, his grandfather was vice president of national bank and his father was a lawyer.

Bill Gates is the richest person in the world. How?

He is incredibly "demanding". He is incredibly "smart". He is an incredible "negotiator" and "salesmen". He has "vision". He has "passion" for what he does.
But, if you ask him, that’s not what he points to as the secret to his success. So then what is?
“The key for us, first, has always been hiring very smart people,” Gates has been quoted as saying. “If we weren’t still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become some mediocre company.”

Bill believed in achieving his goals through hard work. He also believes that "if you are intelligent and know how to use your intelligence, you can reach your goals and targets". From his early days Bill was "ambitious", "competitive" and "intelligent". These qualities helped him to attain great position in the profession he chose also Bill was deemed by his peers and his teachers as the smartest kid on campus; Bill’s parents came to know their son’s intelligence and decided to enroll him in a private school, known for its intense academic environment. That was the most important decision in Bill Gate’s life where he was first introduced to computers.

Bill Gates and his close friends

Bill and his friends

Bill Gates and his friends were very much interested in computer and formed “Programmers Group” in late 1968. Being in this group, they found a new way to apply their computer skill in university of Washington. In the next year, they got their first opportunity in Information Sciences Inc. in which they were selected as programmers. ISI (Information Sciences Inc.) agreed to give them royalties, whenever it made money from any of the group’s program. As a result of the business deal signed with Information Sciences Inc., the group also became a legal business.

Bill Gates at work

Bill Gates and his close friend Allen formed a new company of their own, Traf-O-Data. They developed a small computer to measure traffic flow. From this project they earned around $20,000. The era of Traf-O-Data came to an end when Gates left the college.

Bill Gates-University life

Upon graduating from Lakeside Bill enrolled in Harvard University in 1973, one of the best universities in the country, He didn’t know what to do, so he enrolled his name for pre-law. He took the standard freshman courses with the exception of signing up for one of Harvard’s toughest mathematics courses. He did well over there, but he couldn’t find it interesting too. He spent many long nights in front of the school’s computer and the next day asleep in class. After leaving school, he almost lost himself from the world of computers.

Gates and his friend Paul Allen remained in close contact even though they were away from school. They would often discuss new ideas for future projects and the possibility of starting a business one fine day. At the end of Bill’s first year, Allen came close to him so that they could follow some of their ideas. That summer they got job in Honeywell. Allen kept on pushing Bill for opening a new software company.

Within a year, Bill Gates dropped out from Harvard. Then he formed Microsoft. Microsoft’s vision is “A computer on every desk and Microsoft software on every computer”.

Bill Gates college life

Bill is a visionary person and works very hard to achieve his vision. His belief in high intelligence and hard work has put him where he is today. He does not believe in mere luck or God’s grace, but just "hard work" and "competitiveness". Bill’s Microsoft is good competition for other software companies and he will continue to stomp out (challenge) the competition until he dies. He likes to play the game of Risk and the game of world domination. His beliefs are so powerful, which have helped him increase his wealth and his monopoly in the industry.
Bill Gates is not a greedy person. In fact, he is "quite giving person when it comes to computers, internet and any kind of funding".

Some years back, he visited Chicago’s Einstein Elementary School and announced grants benefiting Chicago’s schools and museums where he donated a total of $110,000, a bunch of computers, and provided internet connectivity to number of schools. Secondly, Bill Gates donated 38 million dollars for the building of a computer institute at Stanford University. "such as the meaning of his name is Bill Gates, which means the "gate of the money..."

Is Bill Gates alone on this idea? Hardly.

Listen to some of these quotes from some of the world’s most successful people.

Steve Jobs

“I noticed that the dynamic range between what an average person could accomplish and what the best person could accomplish was 50 or 100 to 1.Given that, you’re well advised to go after the cream of the cream….A small team of A+ players can run circles around a giant team of B and C players.”

Paul Russell

“Development can help great people be even better – but if I had a dollar to spend, I’d spend 70 cents getting the right person in the door.”

Warren Buffet

“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.”

Warren continues by his quotes: "Price is what you pay. Value is what you get".

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently".

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."