When one hears the name Bill Gates they proximately think of a Billionaire and Philanthropist, one who has thrived in every challenge life has thrown at him. Gates left a university like Harvard and a set future to chase a pipe dream, which at the time would seem to any man as futile. What 'history' tells the world is that Gates persevered through trials time and again, to single-handedly build an empire known throughout the world as Microsoft. What many don’t know is that Bill Gates had advantages over all his peers (i.e. Steve Jobs) during the course of his ‘odyssey.’ Those recompenses have influenced Gates progress and his eventual triumph as a technology-mogul.
"Bill Gates is a modern business phenomenon: the greatest of the cyber-tycoons. His is not simply a story of technical brilliance and enormous wealth; it is one of remarkable business vision and an obsessive desire to win. It is also about a leadership style that is radically different to anything the business world has seen before."
So here I present you the path that gave us the Bill Gates we have today. Firstly, Bill Gates was fortunate enough to be born in a fine and educated family, where his parents were an educator and a lawyer. He had the privilege to all the essential necessities, such as clothing, food, and water sources which many other kids do not have. More than that, his family was wealthy enough to buy him toys and games and other things which would be far too extravagant to others. These small things created a stronger foundation for Bill Gates’
“It's fine to celebrate success but it is more important to heed the lessons of failure” (Bill). Bill Gate’s idea that entrepreneurs who have experienced failures are more determined to succeed the second time than the first time. Through his actions, Bill Gates has proved to be an ethical yet a capitalist. When doing this, he does not use any harmful trickery to get what he wants. He instead he inspires others, and helps the poor from hunger and poverty. Bill Gates changes the world by inspiring and leading others ethically.
One of these qualities is having followers. No leader is successful without followers. In order for Buffett vison of being wealthy to become a reality, he needed people to see his vison with him. Buffett had to convince his followers what is possible if they see his vison. Therefore, in order to do this, Buffett had to build trust. According to Bennis (2009) there are four ingredients leaders have that generate and sustain trust: consistency, congruity, reliability, integrity (p. 152). One way that Buffett displays these aspects is through the letters that he writes to his shareholders at Berkshire Hathaway. In these letters, he discusses what happened during the year and what to expect in the future (Gad, 2014). By doing this, Buffett is staying connected with his stockholders and displays his credibility and integrity by making the effort to reach out to his shareholders. A person of his power and status, making the effort to reach out to his stockholders shows that he truly cares about them. By having stockholders on his side, he is able to make more investment opportunities and further not only his wealth, but the stockholders
The leaders in businesses can take Bill Gates as their role model and follow the top 10 qualities that make a good manager based on his experience.1.Choose a field thoughtfully as it’s hard to be productive without genuine enthusiasm,2.Hire carefully and be willing to fire,3.Create a productive environment,4.Define success by making it clear to your employees what constitutes success and they should measure their achievements,5.You have to like people and be good at communicating,6.Develop your people to do their jobs better than you,7.Build morale,8.Take on projects yourself,9.Don’t make same decision twice,10.Let people know whom to please.(Bill Gates, New York Times)
There have been several groups of successful businessmen throughout the modern era. They changed the way of understanding the finance, investments, and had a superb influence on the world population. Richard Dennis, Jim Rogers, or George Soros are just few examples of world famous and successful traders. However, none of these men have not accomplished, what Warren Buffett has. Excellent timing in investments, a dynamic personality, and great leadership skills make Warren Buffett a global leader in the business world.
Management is the ability to get a job done using appropriate processes, models and systems to achieve an objective. Managers think radically, abide by principles, rules and use experience in their respective fields to make things work. A good manager goes about the ordinary activities such a staffing, organizing, planning (Robert, 2007). The very ability of his/her colleague to discover the uniqueness in each of the subordinates, capitalize on it, harnessing the best out of them to accomplish goals clearly distinguishes such a person as great when compared to others. Great managers develop people and enthusiastically transfer acquired skills to others, work progress is constant and usually by leaps and bounds. In addition, a great manager outlines and strategizes his/her team for project plans such that there is a “buy in” on delivered commitments. In contrast, the former just transfers the required skills to subordinates; work progress is notable, vice versa of the latter. Rupert Murdoch of the News Corporation is ...
After having helped found what would be the world’s most popular and largest software company in 1975, Bill Gates officially found himself to be the richest man alive at the ripe, young age of only thirty-one. Gates had never imagined that the thirteen year old boy who loved to program computers in his parent’s garage would one day find himself to be considered the world’s wealthiest man alive, having a total net worth of $76 billion. Having began on his own, tinkering with computers and computer software, Gates later created the seed of Microsoft, or what was originally called Traf-O-Data in the summer of 1972. (Fast Facts) It wasn’t until two years later, with the help of his co-founder, Paul Allen that Microsoft was born, transforming the technological world in ways that the people had never seen. The birth of Microsoft changed the ways of old computers, making way for faster newer and more innovative technology, along with bringing on a strong competition with their rival company, Apple Inc. With this grand cooperation, Bill Gates was also accumulating a large mass of money, gradually finding himself to top the charts of the Forbes World Billionaires List. (Fast Facts) Despite being well known for his contributions to Microsoft, Bill Gates’ most profound impact on the American culture was in medical and educational advances provided by The Gates foundation, paralleled by his philanthropic views and aid in the lives of the both poor and wealthy.
Being the founder of Microsoft, Bill Gates had already made millions of dollars while also becoming more and more famous for his work with computers. So it came as no surprise when he took over his father’s previous foundation called the William gates Foundation and renaming it the Bill and Melinda Gates foundation in 1997. Quickly donations were made to many universities and colleges such as the University of Washington. They were awarded a donation of twelve million dollars. The Gates Foundation also contributed two million dollars to the Seattle Area YMCA, twenty million dollars to the Seattle Public Library, and one million dollars to the Tacoma Art Museum. The Gates also devised plans to improve public education as well as attacking global issues. Of course one knows that at one point in time technology was only available for the rich or in other words only the rich could obtain certain information or knowledge that the poor couldn’t. Bill and Malinda gates understood this so they created a second program called the Gates Library fou...