Bill Gates’ three tips for business success

Exactly 49 years ago today, Bill Gates and Paul Allen founded Microsoft-a company that has had a strong interest in the software industry, as well as the great technology itself. To build such a successful company, which now boasts $3.125 trillion market capitalization, Gates often took a break. In fact, he said that in the early days of Microsoft he didn’t trust them at all. Gates told Northern Arizona Universitygraduating in 2023.

“When I was your age, I didn’t believe there was a holiday. I didn’t even believe in weekends,” said Gates, who was about 20 years old when he founded Microsoft. “I forced everyone around me to work longer hours.”

Instead, he remembers checking the Microsoft parking lot every day to “know who’s leaving early and who’s late.” It took Gates years to realize that this assessment was wrong—and to settle.

“As I grew up—and especially when I became a father—I realized that both in doing your best work and living a successful life, that hard work wasn’t always worth it. Don’t wait too long to learn this lesson.

Indeed, Gates emphasized the importance of being easy on yourself.

He said: “You are not lazy if you cut yourself.” “It took me a long time to learn [that].”

More than ten years ago, Gates started his blog, Gates Notes, to share about the people he meets, the books he is reading, and what he is learning. But over the years, he has given some advice about life and success. Here are three wise things we can learn from Gates, who is here about $153 billion.

Ask questions when solving problems

Business leaders are always tasked with solving problems—whether they are long-term or short-term problems. Gates says he always begins his problem-solving process by asking two questions: Who has solved the problem best? So what can we learn from them?

“Since I was a teenager, I have tackled every big problem the same way: starting with two questions,” Gates wrote 2020 blog post. I used this method at Microsoft, and I still use it today. “

Although these questions may seem simple, they can be a good starting point in exploring how to deal with a problem.

“They seem like obvious questions,” Gates said. “But sometimes it’s hard to find answers.”

Use your time wisely

An unlikely person taught Gates the importance of time management: his billionaire friend Warren Buffett. Although Buffett is arguably one of the most powerful and wealthy people in business, he takes a very conservative approach to his calendar.

“I remember Warren showing me his calendar,” Gates said in a 2017 interview and Charlie Rose. “There’s nothing to it.”

Gates, on the other hand, had “every minute full” on his calendar, and “thought that was the only way you could do things,” Gates said. But Buffett taught him the importance of taking time to think.

“You manage your time,” Gates said. “Being and thinking can be more important than the average CEO, where it is [are] all these requests and you feel like you have to go see all these people. “

And having every second written on your calendar doesn’t make you a business leader, Gates said.

“It’s not a sign of your determination that you fill every minute of your schedule,” he said.

Be understanding and patient

Although it took some time for Gates to realize the meaning of his strength in the early days of Microsoft, he took one important step in being a productive leader – and it has nothing to do with managing money – and everything to do with time. people.

“Patience is the key to success,” Gates said.

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