Microsoft’s Co-Founder, Bill Gates is known to everyone. It’s the only name people remember when it comes to discussion of Microsoft. His name has a special meaning also, his name stands for “The gate of the money”. A prominent American entrepreneur, investor, philanthropist with a terrific career in a development of software for personal-computers. He is the co-founder of Microsoft Corporation, one of the most recognized brands in the computer industry; nearly every computer has at least one Microsoft product installed. The life story of Bill Gates reminds an American dream. Due to the hard work, he has achieved not only the prosperity of the company, but also the title of one of the richest people on Earth and has been No. 1 for many years.
Here is his story.
William Henry “Bill” Gates III was born in Seattle, Washington in a fairly wealthy family of a successful attorney and a former school teacher, who later became a member of the Board of Directors of the First Interstate Bank.
Talent and Education
Being a child, Bill Gates already possessed a prospective businessman talent, especially in mathematics. It is not accidental that at school he scored high points in the mathematical part of the intelligence test, showing the best result. However, the family expected Bill Gates to follow his father’s steps and enter Harvard Law School.
Figuring out the Computer
While in school, Bill Gates for the first time figure out computers when the school installed a teletype machine. From that point, Bill Gates spent most of his free time in writing programs and figuring out how to make the computer do interesting things.
Computer Center Corporation who sold computers to the school experienced a difficulty of poor protection and they called Gates to identify flaws and security holes and in payment, were offered endless computer time. Bill couldn’t refuse the offer and started his work but soon the company got bankrupt and Bill had to leave.
Paul Allen’s father was working at the University of Washington and had an access to the computer center. Young programmers got down to business looking for an area where to apply their knowledge. Later the Information Sciences hired Bill Gates and Paul Allen to create software that would be make-up payroll sheet.
Establishment of Microsoft
Bill Gates creates a company for software development and names it Microsoft (the first version was Micro-Soft). Despite of the hard work of its employees, the company at first experienced some difficulties with distribution of any software products. The company did not have enough money to hire a good sales manager, so this function was performed by Bill Gates’ mother.
Microsoft as a Corporation
Microsoft becomes a corporation, the management of which is shared between Bill Gates and Paul Allen. In the same year, IBM introduces its personal computer with 16-bit operating system MS-DOS. In addition, the IBM PC includes other Microsoft products such as BASIC, COBOL, Pascal and others.
Bill Gates Quit Microsoft
Gates has retired from an active management at Microsoft. He gave his authority to Steve Ballmer, at the same time extending a zone of responsibility for Craig Mundie and Ray Ozzie. This trio now determines the course of the company. Despite of this, Bill Gates is still a chairman of the Board of Directors (but non-executive).
His team consists of the best minds, the strongest programmers of the world. In a language of management, Bill Gates is the first capitalist of intellectual property. Bill Gates’ life story will long be studied as a good example of a great business.
Success is a lousy teacher. It seduces smart people into thinking they can’t lose. As we look ahead into the next century, leaders will be those who empower others.