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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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