he consistently ranks in the Forbes list
of the world’s wealthiest people he’s
one of the best known entrepreneurs of
the personal computer revolution he is
the second most generous philanthropist
in America have been given over twenty
eight billion dollars to charity
he’s Bill Gates and here his top ten
rules for success when I started
Microsoft I didn’t think of it as all
that risky I mean I was so excited about
what we were doing
it’s true I could have gone bankrupt but
you know I had a set of skills that were
highly employable and in fact my parents
were still willing to let me go back to
Harvard and finish my education if I
wanted to you’ve always got a job with a
bellman and the only the thing that was
scary to me wasn’t quitting and starting
the company it was when I started hiring
my friends and they expected to be paid
and and then we had customers who went
bankrupt customers that I counted on to
come through and so then I got this
incredibly conservative approach that I
wanted to have enough money in the bank
to pay a year’s worth of payroll even if
we didn’t get in heat any payments
coming in and I’m almost heard of that
the whole time we have about ten billion
now which is pretty much enough for the
next year anyway you know I if you’re
gonna start a company it takes so much
energy that you know you it better
overcome your your feeling of risk I
don’t think that you necessarily if
you’re gonna start a company should do
it at the start of your career I think
there’s a lot to be said for working for
a company learning how they do things
you know if you’re young it’s hard to go
lease premises they made that hard for
me you couldn’t rent a car when you were
under 25 at the time so I was always
taking taxis to go see customers the
people would you know people say well
we’re gonna go have a discussion in the
bar well I could go to the bar
and you know that’s fun because I’ll
tell you when people are first skeptical
and angle this kid doesn’t know anything
then when you show them you’ve really
got a good product and you know
something they actually tend to go
overboard and they think whoa you know
they know a lot let’s really do an
incredible amount of these people so our
youth at least in this country was a
huge asset for us once we reached a
certain threshold it is hard it’s hard
to hire old older people because they’ll
be a little bit conservative about
whether they should come in and take the
risk and it took three or four years
before we could go out into the normal
sort of employment pool but those those
problems that come with starting the
firm you better think of those as as
part of the the pleasure part of the the
challenge that that is part of the
excitement I want to thank Harvard for
this honor I’ll be changing my job next
year and it will be nice to finally have
a college degree on my resume
I applaud the graduates for taking a
much more direct route to your degrees
from our my part I’m just happy that the
Crimson called me Harvard’s most
successful dropout I guess that makes me
valedictorian of my own special class I
did the best of everyone who fail
but I also want to be recognized as the
guy who got Steve Ballmer to drop out of
Business School
I’m a bad influence that’s why I was
invited to speak at your graduation if
I’d spoken at your orientation fewer of
you might be here today I’m in meetings
a lot my calendar gets very full with
those and then at night after the kids
have gone to bed I’m on email a great
deal I get messages during the day
that’s my chance to give long responses
and then over the weekend I send a lot
of mail as well as well I take two weeks
a year to just go off and read and think
where I’m not interrupted by work or
anything else I’m just solidly trying to
think about the future and people get to
send me things to read as part of that
so-called think week so it’s nice mix of
things about 25% of the time then I’m
out traveling around meeting with
customers Europe Asia and that sort of
helps me think okay do we have the right
priorities what what are people
responding well to and what would they
they’d like to see us do better hello
I’m Bill Gates chairman of Microsoft in
this video you’re going to see the
future Windows Microsoft first came up
with the Windows concept back in 1983
and today the leading software users
have switched into the Windows
environment it’s really incredible how
quickly our powerful applications like
Word and Excel and PowerPoint have been
adopted it’s not just Microsoft
applications even companies like
WordPerfect and Lotus have now come out
with Windows applications and every week
we see new innovative work it’s really
attracting all the innovation in the
industry we predicted this a long time
ago
and now it’s the future the key point
there is you’ve got to enjoy what you do
every day and for me that’s working with
very smart people it’s working on new
problems you know every time we think
hey we’ve had a little bit of success
we’re pretty careful not to dwell on it
too much because the bar gets raised
I love bridge bridge helps you think
it’s a game you can play your entire
life and keep getting better and better
I think anybody is good at bridge it’s
gonna be great a lot of things so I
really encourage people to get involved
and I want to thank the people who put
things together for juniors they’ll be
thanking you the rest of their life
because bridge is such great order I
talked to my dad I talked to Warren I
had talked to my wife Melinda so I have
enough people that know me and actually
know where my judgment isn’t its
strongest where I might get overexcited
about something or you know forget to
think about something and so they’re
good at correcting particularly good at
correcting whatever those blind spots
are and I think it’s good to encourage
your friends and advisers to really give
them that license you know I can go to a
party and forget to say hello to various
people or something that’s a very minor
example of my blind spot the hostess a
small number of people that you can turn
to on on certain key things is a great
great asset my best business decisions
really have to do with picking people
you know deciding to go into partnership
with Paul Allen is is probably at the
top of the list and then subsequently
hiring a friend Steve Ballmer and having
somebody who you totally trust who’s
totally committed who shares your vision
and yet he has a little bit different
set of skills and also acts as a check
on you you know some of the ideas you
come up with you run by them because you
know they’re gonna say hey wait a minute
you know you know have you thought about
this and that
and just you know the the benefit of
sparking off of somebody who’s who’s got
that kind of brilliance it’s not only
made it fun but it’s really led to a lot
of success so picking picking a partners
is crucial
I had one habit that I developed when I
when I was at college that was actually
very bad habit which was I like to show
people that I didn’t do any work and
that I didn’t go to classes and I didn’t
care and then at the very last minute
like two days before the test I get
serious about it and and people people
thought that was funny
you know that was my positioning the guy
who did nothing until the last minute
then when I went into business that was
a really bad habit and it took me a
couple years to get over that nobody
praised me because I would do things at
the last minute and I tried to reverse
to students I’d actually I didn’t think
that highly of who were always organized
and had things done on time I’m I’m
still working on it but procrastination
is not a good good habit bill can change
clothes in the car sometime challenge
buildings my partner at Facebook’s
Sheryl Sandberg and Netflix is founder
and CEO Reed Hastings
I’m glad to give to ALS it’s a great
cause but I want to accept this
challenge I want to do it better than
it’s been done I’ve been working on this
you know got this design
there we go yeah it’s gonna be great
I’m here to join the people bringing
attention to Lou Gehrig’s disease by
taking the ALS ice bucket challenge I’m
gonna challenge three more people Elon
Musk Ryan Seacrest and Chris Anderson of
Ted
consider yourself challenged you have 24
hours good luck
is it true that you can leap over a
chair from a standing position it
depends on the size of the chair I’ll
cheat a little bit
by the way I believe in winners and
losers and especially the freedom to
fail
Oh
thank you so much for watching I made
this video because a bunch of you guys
were asking me to so there’s a famous
entrepreneur that you want me to profile
next leave in the comments below and
I’ll see what I can do I’m also curious
to know what you think of Bill Gates as
an entrepreneur and which of the 10
rules most resonates with you leave it
below in the comments and I’m going to
join in the discussion thank you so much
for watching continue to believe and
I’ll see you soon
of the world’s wealthiest people he’s
one of the best known entrepreneurs of
the personal computer revolution he is
the second most generous philanthropist
in America have been given over twenty
eight billion dollars to charity
he’s Bill Gates and here his top ten
rules for success when I started
Microsoft I didn’t think of it as all
that risky I mean I was so excited about
what we were doing
it’s true I could have gone bankrupt but
you know I had a set of skills that were
highly employable and in fact my parents
were still willing to let me go back to
Harvard and finish my education if I
wanted to you’ve always got a job with a
bellman and the only the thing that was
scary to me wasn’t quitting and starting
the company it was when I started hiring
my friends and they expected to be paid
and and then we had customers who went
bankrupt customers that I counted on to
come through and so then I got this
incredibly conservative approach that I
wanted to have enough money in the bank
to pay a year’s worth of payroll even if
we didn’t get in heat any payments
coming in and I’m almost heard of that
the whole time we have about ten billion
now which is pretty much enough for the
next year anyway you know I if you’re
gonna start a company it takes so much
energy that you know you it better
overcome your your feeling of risk I
don’t think that you necessarily if
you’re gonna start a company should do
it at the start of your career I think
there’s a lot to be said for working for
a company learning how they do things
you know if you’re young it’s hard to go
lease premises they made that hard for
me you couldn’t rent a car when you were
under 25 at the time so I was always
taking taxis to go see customers the
people would you know people say well
we’re gonna go have a discussion in the
bar well I could go to the bar
and you know that’s fun because I’ll
tell you when people are first skeptical
and angle this kid doesn’t know anything
then when you show them you’ve really
got a good product and you know
something they actually tend to go
overboard and they think whoa you know
they know a lot let’s really do an
incredible amount of these people so our
youth at least in this country was a
huge asset for us once we reached a
certain threshold it is hard it’s hard
to hire old older people because they’ll
be a little bit conservative about
whether they should come in and take the
risk and it took three or four years
before we could go out into the normal
sort of employment pool but those those
problems that come with starting the
firm you better think of those as as
part of the the pleasure part of the the
challenge that that is part of the
excitement I want to thank Harvard for
this honor I’ll be changing my job next
year and it will be nice to finally have
a college degree on my resume
I applaud the graduates for taking a
much more direct route to your degrees
from our my part I’m just happy that the
Crimson called me Harvard’s most
successful dropout I guess that makes me
valedictorian of my own special class I
did the best of everyone who fail
but I also want to be recognized as the
guy who got Steve Ballmer to drop out of
Business School
I’m a bad influence that’s why I was
invited to speak at your graduation if
I’d spoken at your orientation fewer of
you might be here today I’m in meetings
a lot my calendar gets very full with
those and then at night after the kids
have gone to bed I’m on email a great
deal I get messages during the day
that’s my chance to give long responses
and then over the weekend I send a lot
of mail as well as well I take two weeks
a year to just go off and read and think
where I’m not interrupted by work or
anything else I’m just solidly trying to
think about the future and people get to
send me things to read as part of that
so-called think week so it’s nice mix of
things about 25% of the time then I’m
out traveling around meeting with
customers Europe Asia and that sort of
helps me think okay do we have the right
priorities what what are people
responding well to and what would they
they’d like to see us do better hello
I’m Bill Gates chairman of Microsoft in
this video you’re going to see the
future Windows Microsoft first came up
with the Windows concept back in 1983
and today the leading software users
have switched into the Windows
environment it’s really incredible how
quickly our powerful applications like
Word and Excel and PowerPoint have been
adopted it’s not just Microsoft
applications even companies like
WordPerfect and Lotus have now come out
with Windows applications and every week
we see new innovative work it’s really
attracting all the innovation in the
industry we predicted this a long time
ago
and now it’s the future the key point
there is you’ve got to enjoy what you do
every day and for me that’s working with
very smart people it’s working on new
problems you know every time we think
hey we’ve had a little bit of success
we’re pretty careful not to dwell on it
too much because the bar gets raised
I love bridge bridge helps you think
it’s a game you can play your entire
life and keep getting better and better
I think anybody is good at bridge it’s
gonna be great a lot of things so I
really encourage people to get involved
and I want to thank the people who put
things together for juniors they’ll be
thanking you the rest of their life
because bridge is such great order I
talked to my dad I talked to Warren I
had talked to my wife Melinda so I have
enough people that know me and actually
know where my judgment isn’t its
strongest where I might get overexcited
about something or you know forget to
think about something and so they’re
good at correcting particularly good at
correcting whatever those blind spots
are and I think it’s good to encourage
your friends and advisers to really give
them that license you know I can go to a
party and forget to say hello to various
people or something that’s a very minor
example of my blind spot the hostess a
small number of people that you can turn
to on on certain key things is a great
great asset my best business decisions
really have to do with picking people
you know deciding to go into partnership
with Paul Allen is is probably at the
top of the list and then subsequently
hiring a friend Steve Ballmer and having
somebody who you totally trust who’s
totally committed who shares your vision
and yet he has a little bit different
set of skills and also acts as a check
on you you know some of the ideas you
come up with you run by them because you
know they’re gonna say hey wait a minute
you know you know have you thought about
this and that
and just you know the the benefit of
sparking off of somebody who’s who’s got
that kind of brilliance it’s not only
made it fun but it’s really led to a lot
of success so picking picking a partners
is crucial
I had one habit that I developed when I
when I was at college that was actually
very bad habit which was I like to show
people that I didn’t do any work and
that I didn’t go to classes and I didn’t
care and then at the very last minute
like two days before the test I get
serious about it and and people people
thought that was funny
you know that was my positioning the guy
who did nothing until the last minute
then when I went into business that was
a really bad habit and it took me a
couple years to get over that nobody
praised me because I would do things at
the last minute and I tried to reverse
to students I’d actually I didn’t think
that highly of who were always organized
and had things done on time I’m I’m
still working on it but procrastination
is not a good good habit bill can change
clothes in the car sometime challenge
buildings my partner at Facebook’s
Sheryl Sandberg and Netflix is founder
and CEO Reed Hastings
I’m glad to give to ALS it’s a great
cause but I want to accept this
challenge I want to do it better than
it’s been done I’ve been working on this
you know got this design
there we go yeah it’s gonna be great
I’m here to join the people bringing
attention to Lou Gehrig’s disease by
taking the ALS ice bucket challenge I’m
gonna challenge three more people Elon
Musk Ryan Seacrest and Chris Anderson of
Ted
consider yourself challenged you have 24
hours good luck
is it true that you can leap over a
chair from a standing position it
depends on the size of the chair I’ll
cheat a little bit
by the way I believe in winners and
losers and especially the freedom to
fail
Oh
thank you so much for watching I made
this video because a bunch of you guys
were asking me to so there’s a famous
entrepreneur that you want me to profile
next leave in the comments below and
I’ll see what I can do I’m also curious
to know what you think of Bill Gates as
an entrepreneur and which of the 10
rules most resonates with you leave it
below in the comments and I’m going to
join in the discussion thank you so much
for watching continue to believe and
I’ll see you soon
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