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Thursday, April 22, 2021

Knowing Bill Gates –The Entrepreneur, Programmer, and Philanthropist

William Henry Gates III or popularly known as Bill Gates was born on October 28th, 1955 in Seattle, Washington, United States. How old is Bill Gates? He is 65 years old. He co-founded Microsoft Corporation, which is the biggest PC software company in the world along with Paul Allen. Eventually, he became the richest person in the world.

Bill Gates Early Life and much more

Gates was born into an upper-middle-class family along with his two siblings, an older sister Kristianne and a younger sister, Libby. His father William. H Gates Sr, was a law student when he met Bill Gates’ mother Mary Maxwell (his future wife). Bill’s mother was athletic and was engaged in student activities and leadership affairs. 

All the three Gates siblings were encouraged to strive to work hard for excellence and have a competitive bent of mind. Bill Gates was a keen player at board games and he was skilled enough to organize summer house athletic games on Puget Sound. He was excellent at Monopoly. 

A considerable period in Bill Gates’s life was spent with his mother as he shared a very close bonding with his mother. His mother worked as a teacher briefly only to give up her career so that she could bring up her children. Aside from helping out her children, she also spent a considerable amount of time on charitable activities and civic affairs. 

Bill Gates early lifeBill Gates’s mother worked as a corporate board member for many organizations and in fact, she was also associated with First Interstate Bank, Seattle, which her grandfather had founded. She had a stint with IBM or International Business Machines too. 

All along Bill Gates would observe her and accompany her to many such gatherings and events. 

Bill Gates 10 rules of life

Owner of Microsoft, Bill Gates has taken the company to its zenith due to his innovative, creative, hardworking, and excellent analytical skills. Due to this Microsoft stocks keeps soaring with every passing day. 

However, there are a few rules that he follows and that convert his efforts into success. What are these rules for success, let us find out –

You must have energy

Bill Gates founded Microsoft only when he was 20 years old along with Paul Allen. Although, he was confident about his expertise and skills, however, the only thing that made him worry was whether or not he will be able to pay his employees should any customer default in making payments. So, he says, if you are starting a company ground up, it is important to be prepared to take certain risks. 

Enjoy your work

When you perform a task, do not take it as a job. Enjoy your work. His success lies in the fact that he has worked with smart people and also took up new challenges and worked on them. So, when you enjoy doing what you do, you can continue with the work. Success must get into the head. 

Play Bridge

We know that Bridge is a common and popular game. Bill Gates enjoys playing the game due to it having several characteristics. It throws many challenges and he believes that if you can play this game, you will better your chances of success with every passing day. 

Work with good people

 Bill Gates 10 rules of lifeIf you are an entrepreneur, you have to recruit employees. Choose people you can work with, trust them, and those who are committed to their job. Also, make sure they share the vision as you do when attaining objectives. He must also possess critical skills and must complement your skills so that you can work as a team. 

Create a future

Bill Gates brought Windows to the market in 1985 but he said that he developed the concept in 1983. He believed that GUI or graphical user interface was the future. So, he worked towards it. So, he says that work to create the future. 

Bad influence works

Gates dropped out of college when he sensed that Microsoft was a once-in-a-lifetime opportunity. He also convinced Steve Ballmer to drop out of business school and be associated with Microsoft. Eventually, Ballmer took over as CEO replacing Gates. 

Seek advice

Seek advice from people that are aware of your drawbacks and weaknesses. By doing so, you give freedom to your team members to correct yourself and work upon your weak spots. However, these people must be very close to you and only a handful whom you can bank upon for judgment. 

Do not procrastinate

Putting off things for a later time is something that you cannot afford to do when you are running a business. This is what Bill Gates used to do in his early life. But when he started his business, he realized that this approach was not right and would not let him win accolades. 

Sense of humor

Do not mind looking silly. He has worked in certain commercials where he appears to look silly which is not very the kind that suits his stature. However, he has also worked with Jerry Seinfeld, a comedian. He has also responded to Zuckerberg’s ice bucket challenge. 

Bill Gates lifeWork hard

In one of his interviews, he said that work takes up most of his time, even weekends. When his children have retired to bed, he checks his emails and replies to them. He works round the clock and even travels extensively to meet clients. So, if you have to succeed, work hard.

Bill and Melinda Gates foundation

Melinda is Bill Gates’s wife. The Bill and Melinda Gates Foundation was formed on the belief that “every life has equal value”. It works towards helping people so that they can lead a healthy and productive life. In developing countries, it aims at bringing about improvement in health and providing them an opportunity to come out of poverty and hunger. 

It was founded in the year 2000 and has its headquarters in Seattle, Washington, United States. It was earlier known as William H Gates Foundation. Melinda Gates and Bill Gates are the founders and the purpose is fighting poverty, providing education, and facilitating healthcare. 

Bill Gates’s net worth is as of January 2021 (as per Bloomberg Billionaires Index) is $132 billion. 

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Daniyel Carlson
Daniyel Carlson is a Young Researcher in the field of Data Science & Analytics having research experience of more than 8 years. He has a Masters in Computer Engineering and currently serves as an Editorial Assistant in IGI Global, United States of America. Daniyel also holds honorary positions in the Associate Member of Institute of Research Engineers and Doctors, International Association of Computer Science and Information Technology, International Association of Engineers, Society of Digital Information and Wireless Communications.

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