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“As we look ahead into the next century, leaders will be those who empower others”
The quote goes hand in hand when the topic of discussion is Bill Gates – the founder of the world’s largest tech firm Microsoft.
Entrepreneur, businessman, or one of the richest men in the world – different people remember him with different titles. This man is known for his incredible talent and success and will be remembered for his exceptional contribution towards technological revolution and humanity.
This blog, written by the experts at AllAssignmentHelp, will shed light on the life of Bill Gates and his incredible journey from being a college dropout to one of the most successful businessmen of the 20th century. The blog at the end will also talk about how he can become a living inspiration for the entire student community as well.
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Who is Bill Gates?
On 28th October 1955, William Henry Gates II and Mary Gates gave birth to William Henry Gates III – this person became famous by the name Bill Gates in his later life. He was born in an upper-middle-class American family in Seattle, Washington. Since childhood, Bill was fond of books and preferred reading all the time. However, his parents never allowed him to read at the dinner table (a norm in the American culture) as they wanted him to spend this time with the family.
At an early age, Bill realized the potency of personal computers and software to make those systems useful. Keeping this idea in mind, he started programming computers back in 1968 – when he was merely 13 years old! With his friend Paul Allen, Bill used to skip his high school classes to engage in programming. They took this initiative at a power plant. Since his childhood days, he was very sharp and his initial entrepreneurial endeavor was co-founding Traf-O-Data during his school time.
This is how the path towards building the world’s biggest tech company was taking its shape in his mind and finally, Microsoft came into existence in the year 1975 when just college dropout Bill with his friend Paul set up their initial office at a garage.
This is how the stepping stone of the future’s top technology organization was laid out and after that Bill never had to look behind.
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The Inspiring Journey of Bill Gates as a Businessman
There were many hurdles in his life but he never stepped back! He fought with whatever he had and eventually succeeded in his lie. Not only that, he inspired an entire generation and became a living example and even students at present time have a chapter in the syllabus about this man’s achievements.
Let us take a look at some of the pointers below about Bill Gates from being just a human being to becoming a living legend:
- The journey started when Bill entered Harvard University for a Pre-Law Major Course in 1973 and in the year 1975, he dropped out of the college and started Microsoft with his friend Paul Allen in a small garage.
- The first success came in 1980 when he developed DOS (Disk Operating System) for IBM.
- In 1985, Microsoft came into existence with the first Windows operating system, Windows 1.0.
- Having $1.25 billion, he became the world’s self-made youngest billionaire in 1987.
- In 1989, founded a digital image company named Corbis.
- Forbes declared Gates as America’s richest man possessing $6.3 billion in the year 1992
- In 1995 he was declared the world’s richest man.
- In 1996 Microsoft released Internet Explorer 3.0 and it gained instant fame becoming the go-to internet surfer for the limited people (mostly professionals) who had the opportunity to use the World Wide Web
- In the year 2000, the Bill and Melinda Gates Foundation was established.
- The year 2005, brought another success for him and his Wife. Bill and Melinda were framed as the “Persons of the Year” by Time Magazine.
- To pursue his philanthropic journey, he stepped down from Microsoft’s day-to-day roles in the year 2006.
- In the year 2007 Gates was awarded an honorary degree from Harvard University – the college he dropped out of in his early days
- In 2009, Gates decided to do a partnership with the Chinese Ministry of Health to fight against the epidemic of Tuberculosis in China.
- Gates Foundation donated $10 Billion for vaccine research for the years in the year 2010.
- IN 2014, Bill Gates decided to bow out as the chairman of the Board of Microsoft. In the year 2016, the Gates couple received the Presidential Medal of Freedom.
- In 2020, Gates held 2nd position in the world’s richest people’s list
- In the wake of the COVID-19 pandemic, the Gates Foundation vowed to spend $300 million to protect the mankind
- Till December 2023, at the age of 68, he still holds his position being the 6th richest person in the world (Forbes), having a net worth of $117.6 billion.
Gates headed Microsoft’s evolution from a young start-up to an international technological conglomerate during his tenure there. Gates is the most well-known entrepreneur associated with the personal computer revolution. For many years, Forbes magazine named him as one of the world’s wealthiest people. Gates has also written or co-written many books.
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Failures Bill Gates Experienced in His Life
The present success that Bill Gates has not come to him just like that. To reach this position, he had to travel long and thorny roads. Among such unimaginable achievements, many unsuccessful attempts came his way that eventually made him more patient stronger, and confident to reach the peak.
Let’s take a look at some of his notable let-downs:
Microsoft Zune
Launched in 2006, Zune was a digital media product marketed by Microsoft. Ideated to give apple iPod a tough competition, it could not perform per expectations. Due to its bulky size, short battery life, and poor user interface, it could not meet the high demands of the customers and Microsoft had to discontinue Zune in 2012.
Windows Vista
Launched in 2007 but was quickly slammed by users and reviewers. Because of its sluggishness, bugs, and security issues, most of the users went back to the previous OS (Windows XP) version. Even though it created a high buzz among the users, Vista turned out to be a major failure for Microsoft.
Microsoft Kin
In 2010, Kin – a smartphone device targeting teenagers was launched by Microsoft. This new device also could not perform per the young customers’ expectations. Due to high pricing, poor selection of apps, and puzzling user interface, it turned out to be a super-flop initiative. The product was discontinued within six weeks.
Windows 8
In 2012, the world experienced the launch of Windows 8. This version of the OS had a major makeover from its previous ones. Unfortunately, the big design and mainly user interface changes were not accepted by most of the customers. Many users thought to stick with the older version (Windows 7). Like Windows Vista, Windows 8 was also a big failure for Microsoft.
Microsoft Surface
In 2012, to give a tough fight to apple’s iPad; Microsoft released a tablet computer named Surface. Unfortunately, due to overpricing, fewer features than the competitor device, poor app availability, and poor user interface, Microsoft had to discontinue this range of devices as well.
Windows 8.1 and 10 Mobile
In 2011, windows came up with a range of mobile phones with the name Lumia. These devices had a new user interface that had a similar user interface and other traits as Windows 8. In 2015, Microsoft released Windows 10 Mobile, an operating system for smartphones. Both of these were flop initiatives. Due to the critical user interface, poor app ecosystem, and lesser features in compared to Android or apple OS, Microsoft had to discontinue the entire product range in 2017.
Microsoft HoloLens
In 2016, Microsoft came up with the HoloLens – a mixed-reality headset, an updated version of VR glasses was launched. For its large size, short battery backup, and limited field of view, this initiative was also not welcomed by the customers. Microsoft had to discontinue the production and sales of HoloLens within a very short time.
Microsoft Band
To compete in the fitness tracking market, the Microsoft Band came into existence. However, because of its big shape, short-life battery, and limited features, it also became a flop initiative. As a result, Microsoft discontinued its Band.
As you can see, a company may experience many downfalls but it needs to keep confidence in its belief, founding motto, and most importantly the person chairing the organization. Bill Gates may have seen many failures but he stood strong in his belief of impacting people’s lives and he is successfully able to do so.
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Conclusion
Confidence is the key to success. Bill Gates realized it from a very early stage of his life and believed in it. You being a student also have to keep this belief in yourself. The way he fought all the negativities in life and lit up at the right stages is the real mantra behind his unimaginable success at such an early age. Students must consider these as their inspiration to fight all the odds in life and reach the height they aim for.
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