Life lessons from Bill gates and how it could make you a successful entrepreneur - page 2.

lalabotax

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Quote from: odunybiz on October 04, 2022, 06:06:04 AM

2. START AS EARLY AS POSSIBLE
Time wait for no one, start anything you want to do on time. Remember, alot of people are in search of same opportunity. Delay may not be helpful. I remember 6 years ago, when I plan to start a POS business in my location, no such business around then. If I had started earlier, I would have gotten a stand before other but my delay make me lose the business opportunity. Today, we have over 10 POS in that same community.

This is true, no matter how many ideas we have, no matter how well we plan, if we don't start early, we won't know how it will turn out. Maybe, we will actually be preceded by others and we regret it. Sometimes, we have to be forced which makes us have to start quickly instead of staying silent. Here, we'll find out more about how that went.

Indeed, the ideal is that we should start according to our target, but when? It takes courage to start something so that we are able to start earlier by carefully preparing for our business.

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Quote from: Die_empty on October 04, 2022, 10:26:37 AM

Quote

3. FOCUS ON YOUR UNHAPPY CUSTOMERS

Focus on every customer. Treating happy customers well would motivate them to bring in more customers. If you focus only on the unhappy ones, you might lose the happy ones.

Happy customers will definitely bring more customers whether you take notice of it or not. Focusing on the unhappy ones make you see the shortcoming of your business. It is obvious that everyone is taken care of but troubleshooting the problem behind the unhappy customer will greatly boost the service of your company. Besides, it will only need 1 unhappy customer to lose lots of potential clients.

I do agree with the reply that not everyone is made to be a boss. If everyone is a boss then there will be no people to hire to manage and maintain our business needs. There are people who have a knack for business while others love to compete in a corporate world where they feel proud when they are recognized as a top employee.

Cling18

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Quote from: odunybiz on October 07, 2022, 05:41:37 PM

Quote from: Obito on October 04, 2022, 10:14:03 AM

Sorry to tell you people but those life lessons won't make you as successful as Bill Gates, we should know by now that not everyone can rule the world or have the ability to be so successful. It might help you but it can't be like what it did to Bill Gates. Remember to also live your life, living shouldn't be that difficult.

All this lessons are not to make you rich and famous like Bill gates but as a guide to success. If well followed it will definitely have a great impart in one entrepreneurial life.

We all have different pathways and destinies yet we could follow all these tips to be on the right track as what happened to Bill Gates. Of course, it's hard to be as rich as him but that tip will guide us so our entrepreneurship would work. I agree that we should start as early as possible and never miss all the opportunities that may come our way but we should also embrace life lessons whenever we fail because that will always be a part of our journey.

BigBos

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Bill Gates is indeed a figure who is a motivator for life in the world of technology. At first, he bought programs from other companies, but he was able to modify and create something new called MS-DOS (Microsoft Disk Operating System).
This thread is not meant to demand you become Bill Gates but rather to look at the principles of taking chances in your field to reap success.

Talking about success in every business, I think privilege or background can affect the percentage of success, why is that?
If a rich person uses his wealth and connections to support innovations or experiments that he makes into something better and new to achieve his goals, the presentation of success will be very high. Meanwhile, ordinary people who do not have a lot of capital and connections who want to support them will find it very difficult to innovate, let alone experiment, because, in their mindset, family needs come first.

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Quote from: virasisog on November 16, 2022, 12:12:16 PM

Quote from: FanEagle on November 16, 2022, 11:52:45 AM

Quote from: Hydrogen on October 04, 2022, 06:34:44 PM

Bill Gates was lucky enough to be an early adopter of silicon valley and the massive tech bubble that would eventually form around the dot com sector. That was the main reason for his fast track to wealth and success. Being in the right place at the right time. Bill Gates himself had no idea that microsoft or windows would someday grow to become the major successes they became. He's basically a guy who received 1,000 bitcoin when it was worth nothing. And was later shocked and surprised when his 1,000 btc massively appreciated in value.

Let’s not forget the fact that he was already in sillicon valley and his parents were so rich that they literally bought a few computers and hired a computer teacher for his high school so that "all" kids there but mainly Bill would learn about computers at a young age. Which allowed him and his friend to spend insane amount of hours to learn what computer is and how they could be improved.

Not to forget he definitely copied a lot of technology while doing that, just as we would when we build websites and just use others' code, but that is mainly how he succeeded. Sure, he could also be a rebel and do drugs and never be interested in computers even when he had the chance, so kudos to him for not doing the wrong thing I guess?

Bill Gates has an advantage because we were able to afford computers at an early age and have the privilege to learn everything about it through his computer lessons. Not everyone could have the same privilege so he has an edge on that part. It's just that he was too determined to get rich and be successful.
Being privileged is an advantage yet not enough for us to be successful unless we'll have the determination and willingness to strive for better and reach success.

Though he still faces failure on his first day with his company, right? The main reason he has been successful is that he is very determined and is constantly improving himself. Only the items and things he possesses are a plus for him. People who is lack of determination will not be successful because they will stop doing what they are doing and settle for what they have. Having determination can make you strive harder and take more risks no matter how big the problem you've been facing or if you fail. As others have said, failure is also a success since you will learn many valuable lessons from it.

Renampun

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Quote from: odunybiz on October 04, 2022, 06:06:04 AM

...

CONCLUSION
Nothing good come easy. It involves great work with passion. Your decision on what to become in life can drive you towards achieving your dreams. It may take some time to rationally get from where you are to where you want to be but you will definitely be there one day. Just take make a move, start something, be focus and see how success will drive you towards your dream.

bill is one of my idols because of his ability to grow Microsoft to become a large company with a value of billions of dollars from nothing (although in the end he had to divorce his wife in old age.

Entrepreneurs who are now successful have consistency and also make the right decisions in their business journey, besides that they also mostly act decisively/hard on their subordinates (one of the things I like about successful entrepreneurs), many people say that "just make first move" but those who go through it without a strong foundation will only end in bankruptcy.

The important thing that everyone who wants to open their business today must have is network, consistency, mental toughness and management ability.

stomachgrowls

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Quote from: odunybiz on October 04, 2022, 06:06:04 AM

CONCLUSION
Nothing good come easy. It involves great work with passion. Your decision on what to become in life can drive you towards achieving your dreams. It may take some time to rationally get from where you are to where you want to be but you will definitely be there one day. Just take make a move, start something, be focus and see how success will drive you towards your dream.

Every success does involved pure hardwork and time effort had been put up and you cant really achieve these things easily or not doing these things.Of course you would really be needing yourself to be that versatile

on different or various conditions which you should really make yourself adapt.Never ever make yourself stop on learning on everything.Life is full of errors and mistakes which it would really be that normal that there

are indeed times which you could really make yourself that quitting but of course it would be depending on someones perseverance and consistency on such condition.
Although not all do really ends up successful in the end of the line but at least you had tried your best rather than on sitting all way round.

virasisog

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Quote from: FanEagle on November 16, 2022, 11:52:45 AM

Quote from: Hydrogen on October 04, 2022, 06:34:44 PM

Bill Gates was lucky enough to be an early adopter of silicon valley and the massive tech bubble that would eventually form around the dot com sector. That was the main reason for his fast track to wealth and success. Being in the right place at the right time. Bill Gates himself had no idea that microsoft or windows would someday grow to become the major successes they became. He's basically a guy who received 1,000 bitcoin when it was worth nothing. And was later shocked and surprised when his 1,000 btc massively appreciated in value.

Let’s not forget the fact that he was already in sillicon valley and his parents were so rich that they literally bought a few computers and hired a computer teacher for his high school so that "all" kids there but mainly Bill would learn about computers at a young age. Which allowed him and his friend to spend insane amount of hours to learn what computer is and how they could be improved.

Not to forget he definitely copied a lot of technology while doing that, just as we would when we build websites and just use others' code, but that is mainly how he succeeded. Sure, he could also be a rebel and do drugs and never be interested in computers even when he had the chance, so kudos to him for not doing the wrong thing I guess?

Bill Gates has an advantage because we were able to afford computers at an early age and have the privilege to learn everything about it through his computer lessons. Not everyone could have the same privilege so he has an edge on that part. It's just that he was too determined to get rich and be successful.
Being privileged is an advantage yet not enough for us to be successful unless we'll have the determination and willingness to strive for better and reach success.

FanEagle

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Quote from: Hydrogen on October 04, 2022, 06:34:44 PM

Bill Gates was lucky enough to be an early adopter of silicon valley and the massive tech bubble that would eventually form around the dot com sector. That was the main reason for his fast track to wealth and success. Being in the right place at the right time. Bill Gates himself had no idea that microsoft or windows would someday grow to become the major successes they became. He's basically a guy who received 1,000 bitcoin when it was worth nothing. And was later shocked and surprised when his 1,000 btc massively appreciated in value.

Let’s not forget the fact that he was already in sillicon valley and his parents were so rich that they literally bought a few computers and hired a computer teacher for his high school so that "all" kids there but mainly Bill would learn about computers at a young age. Which allowed him and his friend to spend insane amount of hours to learn what computer is and how it could be improved.

Not to forget he definitely copied a lot of technology while doing that, just as we would when we build websites and just use others code, but that is mainly how he succeeded. Sure, he could also be a rebel and do drugs and never be interested in computers even when he had the chance, so kudos to him for not doing the wrong thing I guess?

Smartprofit

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Quote from: Doan9269 on October 04, 2022, 09:50:36 AM

Bill gates is one of the people i have respect on when it comes to business and professional capacity building, having a good mentor or role model has a way of contributing to one's success in life, they have been through alot of experience in the professional fields and have encountered series of economical seasons, their advise is worth building on to have a good start, reading their books, and following them on media handles is never a waste of time, but rather a choice to follow a smooth path with them.

There are many things in business that are not written in books. For example, in my country, Microsoft Office has been free for a long time. Its pirated copies were used not only by households, but also by government agencies. As a result, local developers were unable to create their own operating systems and went bankrupt. Virtually all basic computer software in the country was "pirated".

Bill Gates could not have been unaware of this, but he did not make any claims against anyone.

And then, unexpectedly, a criminal case was opened against a school teacher who installed unlicensed software on school computers. It became a signal.

At this time, my country has already emerged from the economic crisis. All software has become paid and licensed, and Microsoft has become an absolute monopoly in the field of software for laptops and computers. Laptops and computers were sold with Microsoft Office pre-installed.

In my opinion, Bill Gates will never tell this story.

At the same time, no one denies that he is a talented businessman and programmer.

xSkylarx

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Quote from: eightdots on November 15, 2022, 02:31:05 AM

Quote from: odunybiz on October 07, 2022, 05:41:37 PM

Quote from: Obito on October 04, 2022, 10:14:03 AM

Sorry to tell you people but those life lessons won't make you as successful as Bill Gates, we should know by now that not everyone can rule the world or have the ability to be so successful. It might help you but it can't be like what it did to Bill Gates. Remember to also live your life, living shouldn't be that difficult.

All this lessons are not to make you rich and famous like Bill gates but as a guide to success. If well followed it will definitely have a great impart in one entrepreneural life.

There are thousands of other activities in the environment where people live. These environmental factors shape people. Yes, the substances here can bring people to the point of improvement, but this always happens when they are considered independent of the environment. The same results may not occur when two different people in different places do the same things. I agree with both of you here. As I said in my example, different life experiences separate people from each other. Therefore, these substances can provide improvement up to a certain level. The real development is the discovery of one's own limits.

Life experiences such as failure, problems encountered, and the people around you can all impact your success. The examples given by the OP show that it serves as a guide and motivation for us, but it is not what we follow because Bill has his path. Though we are different, past experiences can mold us into greatness and lead to success. Most people I've known are scared to take risks, and I'll admit I am too. Taking risks is the first step to we should to overcome so we can start our journey to success.

eightdots

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Quote from: odunybiz on October 07, 2022, 05:41:37 PM

Quote from: Obito on October 04, 2022, 10:14:03 AM

Sorry to tell you people but those life lessons won't make you as successful as Bill Gates, we should know by now that not everyone can rule the world or have the ability to be so successful. It might help you but it can't be like what it did to Bill Gates. Remember to also live your life, living shouldn't be that difficult.

All this lessons are not to make you rich and famous like Bill gates but as a guide to success. If well followed it will definitely have a great impart in one entrepreneural life.

There are thousands of other activities in the environment where people live. These environmental factors shape people. Yes, the substances here can bring people to the point of improvement, but this always happens when they are considered independent of the environment. The same results may not occur when two different people in different places do the same things. I agree with both of you here. As I said in my example, different life experiences separate people from each other. Therefore, these substances can provide improvement up to a certain level. The real development is the discovery of one's own limits.

Accardo

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Starting early is a good idea, but these days its not a necessity. We are in an ever changing world, and nurturing our ideas till it grows, is magical. An idea you had 2 years back can grow to something different today and when you start now, definitely, you'll stand out from the previous idea you had.

To succeed in a business don't launch it like others do. Reconstruct your thought and begin on a level ahead of others, so you won't have to share the same market with lots of people. E.g. Selling a program instead of selling your skill as a programmer; the app already signify you as a programmer amongst clients.

odunybiz

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Quote from: Obito on October 04, 2022, 10:14:03 AM

Sorry to tell you people but those life lessons won't make you as successful as Bill Gates, we should know by now that not everyone can rule the world or have the ability to be so successful. It might help you but it can't be like what it did to Bill Gates. Remember to also live your life, living shouldn't be that difficult.

All this lessons are not to make you rich and famous like Bill gates but as a guide to success. If well followed it will definitely have a great impart in one entrepreneural life.

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Quote from: livingfree on October 04, 2022, 07:52:55 AM

Quote from: odunybiz on October 04, 2022, 06:06:04 AM

CONCLUSION
Nothing good come easy. It involves great work with passion. Your decision on what to become in life can drive you towards achieving your dreams. It may take some time to rationally get from where you are to where you want to be but you will definitely be there one day. Just take make a move, start something, be focus and see how success will drive you towards your dream.

Exactly.

And just as Bill Gates, what I've read with another wealthy guy in the name of Jack Ma. He said that when you're around 20s to early 30s is that you need to find a good boss.

Because everything that boss have learned with his entire experiences and run, he'll share to you just how good he is. There are people that don't have passion for business and making their own company so they stay in employment and working for a company.

That's applicable to them and when they have found a good boss, I guess all the learnings will be there and that good boss will encourage that person to start his entrepreneurial journey.

Finding a boss which will also become your mentor is very hard, the one which is directly above you most likely does not want to teach you more than what they have to because they are afraid they could be replaced, it is very rare these days to find a generous boss which also wants to fully mentor you, they will have to be near retirement or simply like you a lot for this to happen, so most people have no option but to learn on their own, which as we know it is not as effective as learning from some that already knows a great deal of the pitfalls in which you may fall.

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Quote from: lovesmayfamilis on October 06, 2022, 01:55:12 AM

The second motivational theme in recent times. The forum transforms into psychological training.
And in fact, there are a lot of such guides on how to succeed and everything else on the Internet every day. Furthermore, when compared, all the topics are similar.
However, if we return to religion, we will recall that God gives each person according to his or her talent. It is important to choose this talent correctly, not to make a mistake, and not bury it in the ground. In life, it is important not to miss your luck; "grab fortune by the tail."
All those millionaires and successful people were just such people who caught their luck. Just walking through life with the flag "I'm doing well, and I'm rich" will not get you anywhere, even if you regularly read and follow these books.

Indeed there are lots of them now even on social media sites like fb and in tiktok I can see them. I think they are not helping anymore because people will get hook on reading them instead of doing the actual thing.

Some even said that motivation alone is not enough but you need to take real time actions along with it and whenever you started it, consistency must also put in place because I know that sometimes we got bored of doing the same thing every day and there are some days that we completely lost our motivation. For those who says that they are doing well, maybe they mean it? That is why they never try any harder anymore.

DVlog

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Another lesson from his life. Steal the ideas of others and sell them to the world as your own! I do like how he became so successful but how he started is not appreciable. If you really want to be your own boss then you need to start a business for that. To do that you need to have proper financial knowledge from a person like him. Read his biography and how he expanded his empire.

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Quote from: ethereumhunter on October 04, 2022, 11:33:27 PM

Quote from: Sanitough on October 04, 2022, 04:24:07 PM

Being an entrepreneur should also be flexible. You should know how to face your losses sometimes, so you can easily recover and move forward. And always learn from all your mistakes, because that will improve how you handle your business and grow being an entrepreneur so you can also attract consistent and sustainable profits. If you can do it, most likely you will be successful in the end.

That's why if we can learn from mistakes and know where the mistakes are, we can avoid the same mistakes and can gain more knowledge of how to be better than before. Thus, we can manage our business well and will be able to benefit later. Maybe what we need to have is how to have patience so that we can continue the plans we have made and achieve them.

Losses are the best teachers, that's a true thing. However, do not get any lessons from Bill Gates, he might be a smart individual, and that's fine but that dude got all the teaching and lessons from his rich parents money. He is not the person to give anyone any life lessons, sure he took something big and made it huge, but he never had a life like us, if he never invented microsoft, he would still be a richer person than all of us here combined, that's why we shouldn't care about him.

Moreover, I would assume that the best thing for regular people like you and me to realize is savings will not make us rich, and we need something bigger, and get into the job that you already know very well about, not because it looks profitable and join something you never worked in before in your life.

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The second motivational theme in recent times. The forum transforms into psychological training.
And in fact, there are a lot of such guides on how to succeed and everything else on the Internet every day. Furthermore, when compared, all the topics are similar.
However, if we return to religion, we will recall that God gives each person according to his or her talent. It is important to choose this talent correctly, not to make a mistake, and not bury it in the ground. In life, it is important not to miss your luck; "grab fortune by the tail."
All those millionaires and successful people were just such people who caught their luck. Just walking through life with the flag "I'm doing well, and I'm rich" will not get you anywhere, even if you regularly read and follow these books.

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Quote from: Sanitough on October 04, 2022, 04:24:07 PM

Quote from: ethereumhunter on October 04, 2022, 09:29:12 AM

If you decide to become an entrepreneur, you must know the steps you should take to work according to your plan. You can set what has to be done and by doing it step by step, you can achieve the goals you want. Never stop, especially stop learning because learning can help you develop for the better and push you towards your dreams. It does take time to get to the destination and it all depends on how hard you try. If you are serious, you can achieve it and success will come to you.

Being an entrepreneur should also be flexible. You should know how to face your losses sometimes, so you can easily recover and move forward. And always learn from all your mistakes, because that will improve how you handle your business and grow being an entrepreneur so you can also attract consistent and sustainable profits. If you can do it, most likely you will be successful in the end.

That's why if we can learn from mistakes and know where the mistakes are, we can avoid the same mistakes and can gain more knowledge of how to be better than before. Thus, we can manage our business well and will be able to benefit later. Maybe what we need to have is how to have patience so that we can continue the plans we have made and achieve them.

Quote from: ?? on ??

Quote from: ethereumhunter on October 04, 2022, 09:29:12 AM

If you decide to become an entrepreneur, you must know the steps you should take to work according to your plan. You can set what has to be done and by doing it step by step, you can achieve the goals you want. Never stop, especially stop learning because learning can help you develop for the better and push you towards your dreams. It does take time to get to the destination and it all depends on how hard you try. If you are serious, you can achieve it and success will come to you.

Simply, if you chose to be an entrepreneur, always be ready to take the risk and know how to manage your investments ups and downs. Since losses are inevitable, then you should know how to handle them properly and with confidence. And always stay being at the positive side, that way you will always be encouraged and will always hope for the best to come.

Yes, it is true what you say. We must be able to overcome the risks that will come to us and be able to find ways to minimize the losses we will face. By learning from our mistakes and experience, we can know what to do to avoid big risks and turn them into an advantage for us. And that we will not be able to do if we do not want to learn from many things.

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