Here firstaidforhealth.com shares best lessons of the co-founder of Microsoft, revered by some and hated by others, he has achieved several times crowned as the richest man in the world:
1. Love what you do
from your first interaction with a computer, which occurred in the private school in Seattle where he studied, Bill Gates was surprised by the operation of this machine and became an aficionado of computing. From a young age became a programmer and, in fact, completed his studies at Harvard University to devote himself to his software company.
In addition, Bill Gates is passionate about both technology and its potential to the pair of Microsoft has worked on other initiatives that seek from reliable energy alternatives to condoms designs that provide better experience and security.
2. Find underutilized markets
Gates (by luck or intuition) knew warn that consumer computing market existed equally valuable in manufacturing hardware and the software. So while its competitors struggled to create the best computers, Bill focused on developing operating systems that allowed him to grow and expand with very little competition.
3. Do not make the black wire
Bill Gates has been accused many times of lack of creativity and innovation. Apple sued Microsoft even considering that Windows was a plagiarism of their Macintosh GUI.
Moreover, since the creation of MS-DOS, which sold to IBM and later became Windows, the business model is maintained for the following years: create operating systems could run on different computers and to include only programs could be used with this software. It is also no secret that Windows updates do not mean big changes, but small improvements to the former. But one thing is clear: this method has worked … well.
4. Learn from failures
One of the best quotes from Bill Gates is “Okay celebrate success but it is more important to heed the lessons of failure.” And the co-founder of Microsoft, like everyone, has faced several falls. These products failed as Windows Me millenium, Microsoft Bob (an app that helped the daily work) and Windows Vista . In addition, his introduction to hardware has not been entirely successful (with the line Surface computers and acquisition of Nokia), so a few months ago had to lay off 18,000 employees.
5. Surround yourself with the best
From its beginnings as an entrepreneur, Bill Gates knew that the key to success is to surround yourself with smart people and hire the best employees. This I learned since starting the company with his friend Paul Allen, who was also an amateur computer.
Gates noted that besides the talent and intelligence, the politics of their Human Resources area is to hire passionate people share the corporate culture and want to meet new challenges. In an interview, the employer said “when you have smart people working with you, want to keep them stimulated.”
6. Get the best lessons … from where
Bill Gates has always agreed to be fanatic bridge and this game is the activity most precious leisure time. Although considered an average player, says that play allows you to study people and understand their strategies to become great players. This game (involving alliances, strategy development, anticipation of the performance of others and respond to the unexpected) is an important part of their development as a businessman.
7. Understand your steps as an entrepreneur
At the beginning of the company, Gates worked almost all day and even repeatedly slept over at his office. However, as the business grew changed their mentality towards work and their role in the company. In 2008 (at age 52) left their daily work at Microsoft to devote himself mainly to its foundations and keep only focus on product area.
Every entrepreneur should learn this cycle: at first, the business will require sacrifices and hard work, but eventually must learn to delegate and let a corporate culture that continues even when you’re not.
8. Being a nerd worth
Bill Gates said “Be nice to nerds, chances are you’ll end up working for one.” Needless know their history or have a face-to-face meeting with him to realize that he is a “nerd”; at first glance it: his glasses, closed his neck sweaters and her hairstyle him away. But it is also a good example of that to succeed you must be authentic and true to yourself, and that some qualities of geeks (such as passion, obsession with work and knowledge) are essential for successful people.
9. Be generous with your company
Bill Gates is so well known business side as philanthropic. Together with his wife Melinda directs the Bill and Melinda Gates Foundation, dedicated to rebalance health and education opportunities locally, especially in disadvantaged regions. Today his foundation is the world’s largest in terms of the amount of all kinds economic aid programs, research and development contributions.
10. Have a good personal life
Besides having a strong marriage and an active family life, Bill Gates recognizes the importance of conserving hobbies. In his case, he is a lover of bridge and one of his greatest joys is seeing her daughter riding. Furthermore, in a chat on Reddit businessman admitted that washes the dishes at home every night and it’s an activity you really enjoy.