||Like it? PLEASE +1 it! Thanks!|
Lesson #1: Stick To Your Vision
Gates was an astute businessman who, upon recognizing the potentially explosive market for home computers, set out to make his mark in the industry. As teenagers, Gates and Allen decided that the possibility of every household and business to have a computer was both a realistic and a desirable goal, which they could work to achieve. “Microsoft was a dream Paul Allen and I had about what software could become – the idea that you could buy PCs from many different hardware companies and yet they would all run the same software,” says Gates.
Despite the vast implications of their vision – that the entire IT industry would have to be restructured – Gates and Allen did not seemingly know just how much of an impact they were going to have. “Not that we had any clear view that it would ever be a large business, but I had to pay these friends that I had hired,” recalls Gates. But, they fearlessly approached their vision, entering into the unknown.
In the initial days of Microsoft, Gates and his co-workers programmed around the clock in order to meet the challenging deadlines that Gates would set. It was largely due to Gates’ aggression in getting tasks accomplished that allowed the company to grow rapidly. As the company expanded its product line, it all the while remained true to Gates’ original version.
“We always knew that we didn’t want to have a single product that was a dominant product,” says Gates. “We wanted to hire in more software people and have a full product line.” In doing so, Gates was helping to ensure that his vision would be realized. He was keeping Microsoft flexible enough to be able to develop as wide a range of products as possible. “We never saw ourselves as limited…As long as it was software where development talent was the key to doing it well. And that it could be sold in fairly high volumes.”
Vision remains an important part of Gates’ career, which is in no way nearing an end. Reflecting on Microsoft’s achievements of the past thirty years, Gates says, “This is just the beginning.” Predicting a future where computers will be much more involved in educating people, socializing people, enabling people to become politically active and engaged and even changing the way markets are organized, Gates sees his vision for Microsoft playing an even more important role. “The software is going to have to lead the way and provide the kind of ease of use, security, and richness that those applications demand,” he says.
By focusing on software – something that he knew well and he knew there would be a market for – Gates solidified his place as one of, if not the most successful entrepreneur of the 20th century. Though he was venturing into completely un-chartered territories, Gates stayed true to the vision he had as a teenager, creating software that has now become the undisputable industry standard.
Related ArticlesEat Your Own Dog Food
LESSONS FROM THE ROYAL WEDDING
Smart Women Get Back On the Pogo Stick
Activating Your Vision
Persistence The Key To Success
How to Write Your Compelling Vision Statement
There is a huge difference between see and foresee
Develop your talents even if bored
Who Is Your Proud Family?
How a Vision Statement Can Influence Your Business Success
Top Ten Reasons to Write Down Your Life Vision Today
Are You Applying Your Vision?
LEADER KNOWS THE DIFFERENCE BETWEEN SEE AND FORESEE.
See The Vision Often
Sales Training London Pyrrhic Victories Ben Franklin said
The Biggest Mistake People Make In Business And How You Can Avoid It!
Three Marketing Lessons from Realtors
Leadership and Vision: What's Your Cathedral?
The Purpose of having a Vision
Free PDF Download
About Bill Gates
By Bill Gates
Related Forum PostsRe: Quote of the Day - "You stick it out. You just got to." - St
Re: Essential Leadership skills
Dan Kennedy Marketing Methods
Re: Ridiculous Ideas That Made Millions
Share this article. Fund someone's dream.
Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
By: Evan Carmichael
By: Evan Carmichael
||Like this page? PLEASE +1 it!|