Monday, June 23, 2008

Bill Gates Biography: Part I

Bill Gates was born and raised in the greater Seattle area in an upper-middle class family. He was exceptional in math during his early years of schooling, and translated that skill into computer programming where he was given a more tangible medium to express this skill creatively. He literally became obsessed with programming and it led him to meet his Microsoft mate, Paul Allen. The two became the best of friends in their youth, sharing in many computer programming projects, many of which earned them money.

Gates went on to attend Harvard for his college career. In this time at college he knew that he wanted to start a business within the computer industry, but he didn't know where to enter. It virtually wasn't a real possibility for smaller companies; it was more reserved for large corporations operating mainframe comuters. The advent of the PC gave Gates the impetus to find an outlet for his business. So Gates and Allen decided to make their move within the software niche of the computer industry. They knew it was their specialty and the smartest market to enter.

They got their first deal with a computer company in Albuquerque, NM, and Gates decided to take a leave of absence from school in his sophomore year to pursue this dream. They negotiated a deal that was not particularly in their best interest, but they knew it was their only road to success. The one caveat of their agreement was found in a clause that allowed them an out if the computer company wasn't pulling their weight in marketing Microsoft's first computer program, BASIC. The turn of events that would unfold would forever change the landscape of the computer industry and lead Microsoft, and Bill Gates, into becoming the industry standard in computer software.

To learn more read Volume I Bill Gates Biography

Sunday, June 22, 2008

Secrets of a Billionaire

What are the secrets of a billionaire? The secret is that there are no secrets. Rather, there are formulas, algorithms, and philosophies of conducting oneself that lends to business and financial success. But secrets? No. Remove that concept from your head. Please. It is imperative that you dig into the lives of the billionaires that have readily made their life stories available in print and have offered their personal views of the world we all live in. You don't want secrets, you want their frame. How do they think on a day to day basis? What habits do they cultivate? Take the steps that they have taken and duplicate them in your own unique fashion. Be an original. Don't follow the crowd. Find what you're good at and what you love. Never ever say quit. Ever. And remove attachment from all outcomes and live right in the moment. Right here. Right now. This day. This minute. Tommorow will take care of itself when you focus on right now. Live.

Tuesday, June 3, 2008

How To Get Rich Like Donald Trump

The Donald, how did he do it? Why is it that he is so rich in such a competitive business as real estate? Well let us look at 10 reasons why he is:

1. He has an unrivaled work ethic. His regular work routine is 7 days per week and at least a solid 10 hours per day; oftentimes more.

2. He has an almost superhuman level of confidence and belief in himself. All the greats have this quality, but Trump completely exudes it in all situations.

3. He deals with the big picture in his business, not the details. He doesn't neglect these details however, he hires the best professionals in the business to handle them for him.

4. He is a master negotiator. Many have the assumption that his style is selfish and self-serving, based on the image that the media portrays of him, but this is the exact opposite of reality; he wouldn't have made it very far if this were his style. He is in fact a compassionate man that understands the human element of his deals. He creates win-win scenarios for everyone involved.

5. His word is his bond. He is not afraid to tell you that his properties are the best because he will actually deliver on his promises. This is the foundation behind his powerful brand.

6. The way he runs his operations is centered on the concept of being cost-conscious and profit-minded. He may be known for spending a bit to get the highest quality and luxury, but you better believe he gets the best price that can be had and doesn't waste money in the process.

7. Looking at all of the key moves he made in his career, the majority of them came when it was not popular to make such moves. They were in depressed markets where people were too afraid to even consider the magnitude of the deals Mr. Trump ended up completing. He moves counter to the herd mentality.

8. He learned from a great mentor, his father Fred. Having a great mentor show you the way will save you a lot of time and trouble.

9. Donald Trump never gives up. No matter how many times someone tells him no he understands that he is that much closer to a yes. If he didn't possess persistence, then he wouldn't have made such complicated deals in NYC that often took years to get off the ground.

10. He studies and takes time everyday to improve his mind. He is a man of continual learning because he understands that if he doesn't continue to get better he will stop being good. All great people are students of their business and the world around them.

To learn more about how Donald Trump became the man we all know today check out our website Donald Trump Biography

How Bill Gates Became So Rich

People all across the world ask themselves the same question whenever they hear his name; how did Bill Gates become so rich? It's a valid question for any logical person to ask considering Mr. Gates has perenially been listed as one of the richest people in the world for the last 16 years. What magic does he possess that puts him in such an exclusive class of people? Lets look at the 10 primary reasons to answer that question:

1. Bill Gates is passionate about his work; he absolutely loves what he does and doesn't view his business as a chore. When you love what you do you are able to stay strong when times get tough and also want to get better at what you do. Working is a way of life for Bill Gates.

2. He is a voracious learner. He has a strong hold on a wide variety of subjects and this feeds his impetus to stay curious with his work, as well as providing him with a greater understanding for what he does. He understands that the day his curiosity is gone is the same day his wealth is gone too.

3. He doesn't do it for the money. Yes money is the medium through which one keeps score in their business and life, but attachment to it will never bring you the results you desire. Bill Gates instead puts his focus on the process of his work, rather than the money, trying to create the absolute best business that he is capable of creating. When you remove the concern for money and instead focus on the task at hand you will perform your best and ironically be in a better position to earn the most money for yourself. Don't be in it for the money.

4. He is a technician. By learning all the technical aspects of his business from the ground up he completely understood his business inside out. He commands respect from all his employees because he knows their jobs better than they do. There is nothing he can't do within his business.

5. Bill Gates learns from the mistakes of other businesses and people and makes certain that the same will not happen with his company. He investigates all companies and industries to see where they fell short and has trained his business to look for the same pitfalls.

6. He looks for people as smart as he is that have the ability to think independently and solve problems. He wants those that think just like he does.

7. His mastery of logic and strategy has shaped a philosophy around his business decisions that allows him to outsmart all of his competitors.

8. When one project is doing well he is somewhere making another one happen. He has never been complacent with his present circumstance and doesn't rely on it to keep bringing him success. It is about being in perpetual motion and always looking for new avenues of income in case one goes dry.

9. He sacrificed a high-paying salary for more stock options in the early days of Microsoft. He bet on the strength of his company in doing this, reinvesting his personal money right back into the company. He focused on how well the company performed and his equity stake in it.

10. He has an open mind. Nathan Myhrvold, one of his top guys at Microsoft, has stated how open Mr. Gates is with problem solving within the company. He believes that a group problem solving atmosphere is more productive than having one or two people constantly coming up with all the answers. He knows that no person, no matter how smart they may be, has all the answers.

If you are interested in learning all that you can about how Bill Gates became so rich then visit our website How To Become A Billionaire and see step by step how he did it.