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Bill GatesThe Most Successful
EntrepreneurOf 20thCentury
Presented By:
Ankit Gupta
BillGates
Most SuccessfulEntrepreneur
Of 20th Century
Presented By
Ankit Gupta
It was a risk thats paid
off Immensely!!
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ff y
About Bill Gates
William Henry "Bill" Gates III (born October
28, 1955) is an American business magnate,
philanthropist, and chairman of Microsoft, the
software company he founded with Paul Allen.He is consistently ranked among the world's
wealthiest people. During his career at
Microsoft, Gates held the positions of CEO andchief software architect. He has also authored
or co-authored several books.
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Early Days
Gates 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 fatherwas a prominent lawyer, his mother served on
the board of directors for First Interstate
BancSystem and the United Way.
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Childhood
Gates has one elder sister, Kristi
(Kristianne), and one younger
sister, Libby. He was the fourth ofhis name in his family. Early on in
his life, Gates' parents had a lawcareer in mind for him.
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SchoolingHe 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.
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ProdigyHe 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 onthat moment, he commented on it and said,
"There was just something neat about themachine."
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Notorious 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 moretime 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.
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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 sothat 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 Icould so unambiguously demonstrate success.
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College Pals
Gates graduated from Lakeside School in1973. He scored 1590 out of 1600 on the SAT
and enrolled at Harvard College in the autumn
of 1973.While at Harvard, he met Steve
Ballmer, who later succeeded Gates as CEO of
Microsoft.He did not have a definite study
plan while a student at Harvardand spent a
lot of time using the school's computers.
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Incomplete
GraduationIn 1974, MITS Altair 8800 Computer came intomarket. Gates and Allen had sought this event as
their opportunity to start their business ofdeveloping system emulators. He proposed thecompany to show their demonstration in BASIClanguage. As a consequence of successful
demonstration they got an opportunity to developthe emulator. Paul Allen was hired by thecompany. While Gates took a leave from college tocomplete the project and never returned toHarvard.
I knew what I have to do
So I never came back!!!
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Launching A Revolution:
Starting Of
MICROSOFT
Soon after developing the emulator of Altair
8800 and when Gates drop out the college,they 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.
DreamOn! DreamOn! DreamOn!
Dreamuntil your dreamcomes true!!!
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IBM PartnershipIn 1980, IBM approached Gates to develop a
BASIC interpreter for their PC, but Gatesreferred 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.
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A Witty
Decision
Gates did not offer to transfer the copyright
on the operating system, because he believed
that other hardware vendors would cloneIBM's system . They did, and the sales of MS-
DOS made Microsoft a major player in the
industry.
Microsoft made a deal with SCP
to become the exclusive
licensing agent, and later the full
owner, of 86-DOS. After adaptingthe operating system for the PC,
Microsoft delivered it to IBM as
PC-DOS in exchange for a one-
time fee of $50,000.Good Job Billy!!!
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Emerging Of Windows
Microsoft launched its first retail
version of Microsoft Windows on
November 20, 1985 and made an
agreement with IBM PCs. As the
time progressed, Microsoft
developed a pool of Software
Engineers and released differentversions of widows till date.
Quick Facts:Today, 91% of
Computers UseWindows OS!!!
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Keys to Gates Success
Stick to your visionDevelop an A-team
Think Long Term
Make a strong recovery
Never Stop Learning
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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.
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Team Work!!!
While Gates has been the famous face of Microsoft for over
thirty years, it took the help of numerous other trusted
individuals to help realize the companys success
At Microsoft, there are lots of brilliantideas, but the image is that they all comefrom the top, says Gates. Im afraid
thats not quite right.
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We werent trying to just go public
and get rich, recalls Gates of his early
Microsoft days. There was no near-
term thing. It always was this many-
decades thing where there were no
shortcuts and wed sort of put one foot
in front of the other.
Long Term
Thinking
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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 didnt
know previously.
Never Stop Learning!!!
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One of Microsoft's key strategies is, "Find
smart people who know the technology
and the business."
His Management Styles
Labor intensive company
Invests a lot on R&D
His aim is to make every thing on top
He emphasizes more on product simplification
Aggressive & Robust Marketing strategies
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Entrepreneurial
Traits
Gates Believe in:
Taking personal responsibility
Setting high benchmarks
Rewarding skilled professionals
Asserting his authority on major
decisions
He was a Pace Setter in the beginning,
But later he adopted Authoritarian style
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Bill & Melinda
GatesFoundation
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Achievements
Inspiring the ERA of HomeComputer
Commercializing the OSLaunching Windows 95
Becoming the Richest Man
of WorldGiving his money away.
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As we look ahead into the next
century, leaders will be those whoempower othersIt's fine to celebrate success but it is
more important to heed the lessons offailureYour most unhappy customers are
your greatest source of learning~Bill Gates
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