Bill Gates’ 7 Secrets of Success
Born on Friday, October 28, 1955 as William
Henry Gates III to a prominent lawyer father
and a mother who served on the board of directors
for First Interstate BancSystem and the United
Way, Bill Gates grew up to become one of the
most popular entrepreneurs of all time and
the prodigy who started the technology revolution
by launching a software company after dropping
out of Harvard in 1974.
Bill Gates is a magnate, philanthropist, investor,
and co-founder of Microsoft.
His success at Microsoft has earned him the
title of one of the richest men in the world.
From humble beginnings to setting up a software
empire, how did Bill Gates become one of the
world’s richest men ever?
In this video, we bring to you; Bill Gates’
7 secrets of success.
By secrets, we mean what he knows, thinks
and does that make him very successful.
Try to watch to the end of this video because
Secret No. 6 can change your life completely.
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so that you won’t miss other interesting
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Secret No.1
Be Open to New Opportunities
In 1968, Gates was an eighth grader, attending
a private middle school in Seattle called
Lakeside.
That year, the school invested $3,000 in a
state-of-the-art computer.
13-year-old Bill joined computer club and
was instantly hooked.
He and a handful of other enthusiastic students
racked up hours and hours on the machine,
learning how to program through trial and
error.
It was the beginning of a journey that would
propel Gates to astronomical success.
Yes, if Lakeside hadn’t purchased a computer,
then young Bill might never have discovered
his love for computer programming and he never
would have started Microsoft.
But also, if Bill Gates had not been a curious
guy or he had wasted time to join the new
trend, he wouldn’t have been successful
too, remember there were many other students
in Lakeside other than Gates.
To be successful in life, you have to be curious
and be quick to adopt a new trend.
Secret No.2
Don’t share your idea with the pessimists.
In the early 80’s, Bill Gates and Steve
Ballmer would travel around the country delivering
seminars about how graphic interfaces were
the operating systems of the future – but
nobody believed them.
Computer companies told the Microsoft boys
that graphic interfaces would be too slow
and that it would be difficult to write the
software for them.
In fact, they were less than enthusiastic
when Microsoft announced in 1983 that it was
developing Windows.
Listen!
If you want to do anything significant with
your life, you have to learn how to listen
to yourself and not the pessimists.
If you’ve got a revolutionary idea, don’t
worry if other people don’t get it.
Don’t Border to share your idea with the
pessimists.
Do it anyway.
Secret No.3
Value your work and ask for money.
At age 14, Gates was writing code for a local
company's payroll program; by age 17, he and
Allen launched a company that used an early
computer program to help count road traffic.
Gates also pushed to get paid during the 1970s,
when business was seen as "square" to put
it lightly.
After he realized that computer amateurs were
using pirated versions of his software, at
21, he wrote an "Open Letter to Hobbyists"
telling them to "pay up" so he could "hire
10 programmers and deluge the hobby market
with good software."
If you have low self-esteem, chances are that
you don’t value your work or you’re not
charging enough.
If you don’t value your work, who else will?
If you don’t ask to be paid, how would you
grow and succeed?
Secret No.4
See the future.
Bill Gates saw the future first at several
key moments.
One of them--and this is a classic story--came
in 1980, when Gates negotiated a deal to license
the DOS operating system to IBM for a low
$50,000, but had the foresight not to transfer
the copyright.
As a result, Microsoft was able to license
the Operating System to other vendors who
cloned IBM's machine, thus making a much bigger
and more profitable market for his company.
If you want to be successful in the nearest
future, you must be able to see tomorrow right
from today.
Secret No.5
Learn To Persevere
Microsoft released Windows 2.0 in 1987, but
it didn’t fare well.
It found moderate success thanks to software
– in particular, Excel, Word, and Aldus
Pagemaker.
It wasn’t until 1990, when Microsoft launched
Windows 3.0, that they found significant success
with a graphical operating system.
It was a big money maker for the company and
it sold over 10 million units in just two
years.
Microsoft had found the model that would transform
them into a computer software giant and the
rest is history.
Failure is inevitable in the journey of life.
Don’t expect every of your attempt at anything
to be successful.
Life is tough and so shall it be forever.
You can only win if you persevere.
Secret No.6
Make your enemy your friend.
In the 1990s, Microsoft’s fiercest rival,
Apple, was in serious financial trouble.
Gates realized that it was important for Microsoft
to continue to remain compatible with it,
nonetheless: “In the Apple II era, we were
kind of friendly competitors,” he said.
“We actually put more people on the Mac
than Apple had.”
After Steve Jobs returned to Apple in 1996,
Gates worked out an agreement which included
buying a 6% share of Apple…which lawyers
convinced Gates that Microsoft shouldn’t
keep for antitrust reasons.
It wasn’t just Microsoft’s attitude toward
Apple.
Early on, Gates encouraged other companies
to write software programs that were compatible
with Microsoft.
More programs, more interest.
More interest, more customers.
Yes, those companies were competitors — but
they were also helping Microsoft sell more
computers.
Even your enemies can be helpful on your journey
to greatness so be kind to everyone.
Secret No.7
Focus On Unhappy Customers
Most entrepreneurs treat their disgruntled
customers rudely.
They think that they are right in doing so
but the greatest visionary of our time has
a different opinion.
As much as people love to complain about Windows,
they continue to use it.
Windows has been the world’s primary operating
system since 1990 and it boasts a stout 82.5%
market share as of August 2011.
The reason is simple: Microsoft continues
to respond to customer feedback and improve
their products.
Gates said, “Your most unhappy customers
are your greatest source of learning”.
If you want to be successful in business,
you should listen and value what your disappointed
customers are saying.
Take action and improve in the light of their
feedback.
Special Bonus
Thank you so much for watching our videos.
Because you watch this video till the end,
we want to appreciate you by sharing one of
the most inspiring quotes of Bill Gates with
you;
“If you are born poor it’s not your mistake,
But if you die poor it’s your mistake”.
Your past, race, background, sex or religion
doesn’t define you!
What defines and determines your success is
your ability to shed the burden of your past
or mistakes and convert it into a success!
So, go out there today, and make things happen!
Here are what we’ve learned so far;
• Be curious and adopt new trend fast
• Don’t listen to the pessimists because
they don’t understand
• Persevere because you’ll need to fail
few times
• Respect your enemies because they can
be useful sometimes
• See the future before everyone
• Value your work & ask for money
• Focus on unhappy customers
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