Entrepreneurship. Bill Gates

Topics: Bill Gates, Bill & Melinda Gates Foundation, Computer Pages: 11 (3411 words) Published: August 4, 2013
ENTREPRENEURSHIP AND SMALL BUSINESS DEVELOPMENT

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March 2012
CONTENTS:

1.INTRODUCTION3
2.BIOGRAPHY AND GENERAL INFORMATION4
3.BUSINESS AND PERSONAL SURVIVAL5
4.CHARACTERISTICS7
ENTREPRENEURSHIP8
INTELLIGENCE8
VISIONARY9
PASSION9
INNOVATION9
RISK TAKING10
LEARNER10
CRITICISM10
HARD WORK11
CONFIDENCE11
LEADERSHIP AND MANAGERIAL SKILLS12
5.CONCLUSION13
6.REFERENCE14

ENTREPRENURSHIP AND SMALL BUSINESS ENTERPRISE

"It's fine to celebrate success
but it is more important to heed the lessons of failure.
Bill Gates

INTRODUCTION:
The entrepreneur I have chosen is legendary business figure Bill Gates. William Henry Gates III as known as Bill Gates is an American businessman, investor, author, philanthropist and last but not least an entrepreneur.

Bill Gates is a CEO and a chairman of the software company "Microsoft". He is best known as an entrepreneur in personal computer area and he is one of the wealthiest people in the world. The main reason that Bill Gates has a big influence in the computer industry is because he was the inventor of Microsoft.

PROFILE AND GENERAL INFORMATION
William Gates was born on 28th of October, 1955. By seventh grade he had big interests in personal computers and had a dream to become professor. When Bill Gates and his school mate Paul Allen were studying in high school, Mother's Club of Lakeside School collected money to buy computer for school's students. This event has changed a life of Bill Gates. He and Allen were fascinated with programming process and were spending all of the time on the computer writing programs for various purposes.

Gates and Allen stepped into the world of entrepreneurship at the age of 15. They wrote a program to regulate traffic and formed a company to spread this software. On this project with the name "Traf-O-Data" they have earned 20.000 US dollars. Gates has named his partnership "Micro-soft".

In 1990 "Microsoft" released its first version of Windows. This was a breakthrough in operating software as text interfaces were changed by graphical interfaces. It soon became a best seller and was able to capture the majority of the operating system market share.

Bill Gates and his wife Melinda French have 3 children. With his wife Bill Gates formed "Bill & Melinda Gates Foundation". Gates has sought to focus on global issues ignored by the government; he also expressed an interest in improving the standards of public school education in the US. Gates and his wife are one of the most generous philanthropists in America.

BUSINESS AND PERSONAL SURVIVAL
The first steps of "Microsoft" were full of danger and uncertainty. Bill Gates and Allen moved to Albuquerque and have cast their lot with MITS, startup company, that went bankrupt few years later. Bill Gates dropped out his studies and devoted his future to software industry. After MITS went out of business , they moved their barely-formed company to Seattle and established relationships with several other startup companies, producing programs for them on "BASIC". In the late 1970s there was a crash failures of these startup firms. "Microsoft" could not find any real bearing on the market until 1977, when they made a contract with "Apple" in the production of software for the "Apple-2". Bill Gates and Allen were very initiative entrepreneurs. They have created licensed programs for many companies that broke into the market in the late seventies and early eighties and involved in releasing of new desktop computers. By July 1980, when "IBM" finally decided to enter the computer market, "Commodore", "Radio Shack" and "Apple" were already using operating system created by "Microsoft". The history of present leading computers starts...
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