Bill Gates & MicrosoftIn 1975, before graduation Gates left Harvard to form Microsoft with his childhoodfriend Paul Allen. The pair planned to develop software for the newly emerging personalcomputer market.Bill Gates company Microsoft became famous for their computer operating systems andkiller business deals. For example, Bill Gates talked IBM into letting Microsoft retain thelicensing rights to MS-DOS an operating system, that IBM needed for their new personalcomputer. Gates proceeded to make a fortune from the licensing of MS-DOS.On November 10, 1983, at the Plaza Hotel in New York City, Microsoft Corporationformally announced Microsoft Windows, a next-generation operating system.On January 1, 1994, Bill Gates married Melinda French Gates. They have three children.Bill Gates PhilanthropistBill Gates and his wife, Melinda, have endowed the Bill & Melinda Gates Foundationwith more than $28.8 billion (as of January 2005) to support philanthropic initiatives inthe areas of global health and learning. • MS DOS The Operating System History From a Quick and Dirty Operating System a giant walks (ms-dos), in 1980, IBM first approached Bill Gates and Microsoft, to discuss the state of home computers and Microsoft products. • Windows 1.0 To Windows Beyond 2000 Windows is the graphical user interface for IBM and IBM compatible machines, this article discusses the origins of Windows and where Windows is heading. • Top Books on Bill Gates Authorized and unauthorized books on Bill Gates, Microsoft Chairman and the youngest self-made billionaire in history.More on Bill Gates • Books on Bill GatesFeature Stories on Microsoft • MS DOS The Operating System History • Windows 1.0 To Windows Beyond 200
Today, I will be sharing with you some strategic business advice and quotes from BillGates. But before we dive into the famous Bill Gates quotes; let’s have a quick look athis bio.Short Bio of Bill Gates: Bill Gates is the founder of Microsoft corporation;the largest software company in the world and at the time of writing this article, he isthe richest man in the world. Bill Gates has held the coveted position of the world’srichest man more than 12 consecutive years and hes not letting go of that position. Hiswealth have crossed the $100billion mark; peaking at an all time high of $101billion.Bill Gates is number one on our list of the richest school drop out billionaires; havingdropped out of Harvard to start Microsoft. Though he has faced massive mediaattack and several anti-trust lawsuits; Bill Gates is best known for his quiet,unpretentious nature and huge donations to Charity. Below are Bill Gates businessquotes and advice to young entrepreneurs. Famous Bill Gates Quotes: Strategic Business Advice for Young Entrepreneurs1. "We were young, but we had good advice good ideas and lots of enthusiasm."2. "Our success has really been based on partnerships from the very beginning."3. " This is a fantastic time to be entering the business world because business isgoing to change in the next ten years than it has in the last fifty years."4. "The most meaningful way to differentiate your company from yourcompetitors, the best way to put distance between you and the crowd is to do anoutstanding job with information. How you gather, manage and use information willdetermine whether you win or lose."5. "A bad strategy will fail no matter how good your information is and lameexecution will stymie a good strategy. If you do enough things poorly, you will go out ofbusiness."6. "Information flow is the life blood of your company because it enables you toget the most out of your people and learn from your customers."7. "Information work is thinking work."8. "Business people need to shake off the notion that information is hard to get."
9. "Better information can expand the role of sales managers from being closers ofbig deals to being business managers."10 "Bringing together the right information with the right people will dramaticallyimprove a companys ability to develop and act on strategic business opportunities." Famous Bill Gates Quotes: Strategic Business Advice for Young Entrepreneurs11. "A self service approach can handle 90 percent of employee administrativeneeds."12. "Customer service will become the primary value added function of everybusiness."13. "The pace of change and the need for more personalized attention to customerswill drive companies to adopt digital processes internally."14. "As the internet drives down the cost of transactions, the middle man willdisappear or evolve to add new value."15. "Only a few businesses will succeed by having the lowest price, so most willneed a strategy that includes customer services."16. "An important re-engineering principle is that companies should focus on theircore competence and outsource everything else."17. "The competition to hire the best will increase in the years ahead. Companiesthat give extra flexibility to their employees will have the edge in this area."18. "Customers want high quality at low prices and they want it now."19. "The most important speed issue is often not technical but cultural. Itsconvincing everyone that the companys survival depends on everyone moving as fast aspossible."20. "How fast a company can respond in an emergency is a measure of its corporatereflexes." Famous Bill Gates Quotes: Strategic Business Advice for Young Entrepreneurs
21. "A companys ability to respond to an unplanned event, good or bad is a primeindicator of its ability to compete."22. "Strategically, a major function of the CEO is to look for bad news andencourage the organization to respond to it. Employees must be encouraged to share badnews as much as good news."23. "Reward worthy failure – Experimentation."24. "In three years, every product my company makes will be obsolete. The onlyquestion is whether we will make them obsolete or somebody else will."25. "Sometimes, I think my most important job as a CEO is to listen for bad news.If you dont act on it, your people will eventually stop bringing bad news to your attentionand that is the beginning of the end."26. "Embrace bad news to learn where you need the most improvement."27. "Your most unhappy customers are your greatest source of learning."28. "Know your numbers is a fundamental precept of business."29. "Teams should be able to act with the same unity of purpose and focus as a wellmotivated individual."30. "To win big, you sometimes have to take big risks." Famous Bill Gates Quotes: Strategic Business Advice for Young Entrepreneurs31. "In business as well as the military, he who has the shortest procurement anddeployment cycle wins."32. "Every company can choose whether to lead or follow the emerging digital trends."33. “I regret being the richest man in the world because that position attractsundeserved publicity.”34. “Capitalism is this wonderful thing that motivates people; it causes wonderfulinventions to be done. But in the area of diseases of the world at large, it has really let usdown.”35. “I believe that if you show people the problems and you show them thesolutions; they will be moved to act.”
36. “I do think this next century hopefully, will be about a more global view. Whereyou just don’t think, yes my country is doing well but you think about the world at large.”37. “I have $100billion. You realize I could spend $3million a day, everyday for thenext hundred 100 years? And that’s if I don’t make another dime.”38. “I think it’s fair to say that personal computers have become the mostempowering tool we have ever created. They are tools of communication, tools ofcreativity and they can be shaped by their users.”39. “Success is a lousy teacher. It seduces smart people into thinking they can’tlose.”40. “The browser space that we are in, we have about 90%. Sure, Firefox has comealong and the press love the idea of that. Our commitment is to keep our browser thatcompetes with Firefox to be the best browser; best in security and best in features.” Famous Bill Gates Quotes: Strategic Business Advice for Young Entrepreneurs41. “There are people who don’t like capitalism and people who don’t like PCs. Butthere’s no one who like the PC who doesn’t like Microsoft.”42. “I like my job because it involves learning. I like being around smart peoplewho are trying to figure out new things. I like the fact that if people really try, they canfigure out how to invent things that actually have an impact.”43. “If you give people tools and they use their natural ability and their curiosity,they will develop things in ways that will surprise you very much beyond what you mighthave expected.”44. “You need to know about the customer feedback that says things should bebetter.”45. “The people who resist change will be confronted by the growing number ofpeople who see that better ways are available; thanks to technology.”46. “You’ve got to give great tools to small teams. Pick good people, use smallteams and give them great tools so that they are very productive in terms of what they aredoing.”47. “We bet the company on Windows and we deserve to benefit. It was a risk thatpaid off immensely.”
48. “The vision is really about empowering workers, giving them all theinformation about what’s going on so that they can do a lot more than they have done inthe past.”49. “Microsoft is not about greed. It’s about innovation and fairness.”50. Information technology and business are becoming inextricably interwoven. Idon’t think anybody can talk meaningfully about one without the other.”