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Author Topic: Life lessons from Bill gates and how it could make you a successful entrepreneur  (Read 474 times)
lalabotax
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November 17, 2022, 11:19:16 PM
 #41

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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November 17, 2022, 11:44:03 PM
 #42

Simple thing, we discuss what he said. Why this is happening, because he have succeeded in it. If the same is being putforth by someone who have failed in life, we won't take into consideration. This is the difference between the successful people and the unsuccessful one. If you want someone to discuss what you putforth then you need to prove yourself to the world. This doesn't mean you need to follow someone's footsteps to be successful, be yourself which is the real success in life.

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November 18, 2022, 08:59:47 PM
 #43

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.
Having a good boss will always be your own advantage since he will be your role model and will guide you  until you find yourself wanting to have a business too. Because in reality, no one gets to progress if you stay behind your boss’ shadow. You have to make a separate journey and let all his good teachings be your own inspiration to start on your own. Sooner or later, success will come to you.

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November 19, 2022, 02:58:43 PM
 #44

What, those are some motivational lines created from random dudes over internet.

Ironically, how Bill Gates became successful is somehow morally not correct cause he made billions from Windows but it is not invented by himself, he just learn the art of getting the innovative ideas of others.

Think about future and take risk.

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November 19, 2022, 03:11:46 PM
 #45

What, those are some motivational lines created from random dudes over internet.

Ironically, how Bill Gates became successful is somehow morally not correct cause he made billions from Windows but it is not invented by himself, he just learn the art of getting the innovative ideas of others.

Think about future and take risk.
But that's business, right? You don't need to create something if you want to be a businessman. An entrepreneur uses all of the resources available and it happened that Billgates (if this information is true) had that money to buy windows and he,himself developed it to be a better version and to be sold to more people. That would be even greater if windows did not start from him because there's more into who he was before he had that company of him. This somehow related to privilege wherein people condemn those who has it and totally disregarding how that certain individual made use of that advantage.

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November 19, 2022, 04:18:51 PM
 #46

What, those are some motivational lines created from random dudes over internet.

Ironically, how Bill Gates became successful is somehow morally not correct cause he made billions from Windows but it is not invented by himself, he just learn the art of getting the innovative ideas of others.

Think about future and take risk.
But that's business, right? You don't need to create something if you want to be a businessman. An entrepreneur uses all of the resources available and it happened that Billgates (if this information is true) had that money to buy windows and he,himself developed it to be a better version and to be sold to more people. That would be even greater if windows did not start from him because there's more into who he was before he had that company of him. This somehow related to privilege wherein people condemn those who has it and totally disregarding how that certain individual made use of that advantage.
Yeah, that is what my point is, "we don't have to work hard or find something innovative or something exceptional", all we need to do is how to sale the package we have so its about what people demands and sell those things to them.

Yes, the information was right because he didn't write the codes of windows or anything but the company got from someone along with his partner Allen and made some changes and sold it.

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November 21, 2022, 06:20:52 AM
 #47

Sometimes we are too obsessed with successful characters like Bill Gates so they want to know whatever he does every day, I'm sure if we have children and apply everything in Bill Gates, it will never guarantee successful like him or may be more successful From him, life is like a mystery that makes us have to always try our best even though the results are not in accordance with our estimates.



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November 21, 2022, 04:52:52 PM
 #48

Quote
3. FOCUS ON YOUR UNHAPPY CUSTOMERS
Try to make people happy is always a the best. For a customer to be unhappy, there is a problem somewhere. Get involved, study their problems, learn from it, take into account any feedback they are giving you, as it’s a cheap and easy way to adjust and improve your product or service for the future.

This is important thing to do, get the unhappy customers back with your effort because if you make no effort in that they go out to spread bad news to your business in the mind of the positive customers and your business you begin to drop very bad to leave them to go unhappy. This is the work of PR in the company. The PR person is train to do this role in the company to build customer relations is good. As the owner too is good to have the character of good relationship to people.
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November 21, 2022, 05:08:04 PM
 #49

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3. FOCUS ON YOUR UNHAPPY CUSTOMERS
Try to make people happy is always a the best. For a customer to be unhappy, there is a problem somewhere. Get involved, study their problems, learn from it, take into account any feedback they are giving you, as it’s a cheap and easy way to adjust and improve your product or service for the future.

This is important thing to do, get the unhappy customers back with your effort because if you make no effort in that they go out to spread bad news to your business in the mind of the positive customers and your business you begin to drop very bad to leave them to go unhappy. This is the work of PR in the company. The PR person is train to do this role in the company to build customer relations is good. As the owner too is good to have the character of good relationship to people.

It is also because those happy customers are already content with your service. I heard this before when I was still in college because you can learn a lot and know where to improve from negative comments or feedbacks from your customers, and most of the time they will take the low ratings feedback more seriously to see how to make their service or product more customer-friendly so that the unhappy customer can be turn into a satisfied one. Though it is not always easy because there are always negative comments about your services, you can filter out those that are relevant. 
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November 21, 2022, 11:19:45 PM
 #50

Quote
3. FOCUS ON YOUR UNHAPPY CUSTOMERS
Try to make people happy is always a the best. For a customer to be unhappy, there is a problem somewhere. Get involved, study their problems, learn from it, take into account any feedback they are giving you, as it’s a cheap and easy way to adjust and improve your product or service for the future.

This is important thing to do, get the unhappy customers back with your effort because if you make no effort in that they go out to spread bad news to your business in the mind of the positive customers and your business you begin to drop very bad to leave them to go unhappy. This is the work of PR in the company. The PR person is train to do this role in the company to build customer relations is good. As the owner too is good to have the character of good relationship to people.

It is also because those happy customers are already content with your service. I heard this before when I was still in college because you can learn a lot and know where to improve from negative comments or feedbacks from your customers, and most of the time they will take the low ratings feedback more seriously to see how to make their service or product more customer-friendly so that the unhappy customer can be turn into a satisfied one. Though it is not always easy because there are always negative comments about your services, you can filter out those that are relevant. 
sometime there are more smart people but they keep on struggling through out their lives and die in isolation
Bill Gates is genius and obviously there is so much to learn from them

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November 22, 2022, 08:54:42 AM
 #51

My conclusion on such articles, books, movies and etc is simple - that is just past. Read it, watch it, evaluate other peoples experience, but make own decisions, live your own life. What they have done 20-50 years ago to become successful and rich now, does not work now. We are developing all the time. World is developing and changing every day. A story of "buy an apple for 1 dollar, sell it for 2 dollars, buy two apples and re-sell them, continues doing" wont work now. Simply because we have a oversaturated market. Lets be honest, we have overabundance of everything. That is why better try to create something unique, then copy someone else. All these life lessons a like fairy tales for current generation.

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November 23, 2022, 06:01:06 PM
 #52

2. START AS EARLY AS POSSIBLE
This should be number 1.  Roll Eyes
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November 24, 2022, 06:27:15 AM
 #53

Bill Gates or other successful people they can only motivate others to keep trying and not give up easily, but we don't have to be like him because maybe he has been outlined for that.
it is simply the motivation we must take to set our goals and business or future plans to succeed by developing or exploring skills or suitability for us to be financially successful.
and the most important thing for me, so the lesson we can get from this incident is never to miss an opportunity, don't lose the opportunity that is there. The real secret to success, in my opinion, is not to miss opportunities like you are doing now and keep doing it until creativity and innovation exist and develop.

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November 24, 2022, 08:01:31 AM
 #54


The real secret to success, in my opinion, is not to miss opportunities like you are doing now and keep doing it until creativity and innovation exist and develop.

Working towards not missing opportunities is going to put a trader in frustration when they put their mind in not missing it and if that happens, they may not be able to manage it. It is better to keep our minds open to anything happening instead of foreclosing ourselves from it. Having miss opportunities is better than forcing yourself into what will not work or lead to profit.
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November 24, 2022, 09:31:04 PM
 #55

The real secret to success, in my opinion, is not to miss opportunities like you are doing now and keep doing it until creativity and innovation exist and develop.
Working towards not missing opportunities is going to put a trader in frustration when they put their mind in not missing it and if that happens, they may not be able to manage it. It is better to keep our minds open to anything happening instead of foreclosing ourselves from it. Having miss opportunities is better than forcing yourself into what will not work or lead to profit.
I would guess that people who are active on the trading scene, even if they are not actively trading but actively looking for trades, will end up profiting. Stuck on missed chances means you are not making any new profit, and you are just looking at the past, any investor would know that the only way to make a profit is look to the future and that means past has already happened and you can't change it.

If you want to make a profit, look at what’s going on and what could happen and you would be making a good profit for sure. I personally do not believe that there will be opportunities at all times, so it is vital to check all times to not miss anything in the future.

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November 24, 2022, 09:42:33 PM
 #56

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.
Definitely it’s hard but you are not there to have a full mentoring but just learn on your own based on what you saw and experienced from your boss. Later on, when you think you are good enough and you can stand already on your own, and you have sufficient capital to start to, then it’s not hard to be as successful like your boss  as long as you also do what it takes to become successful in the end.

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November 24, 2022, 09:43:05 PM
 #57

I want to travel the world but he's too privileged to do that and not all of the people that listens to his advice will be able to do that.

I've been hearing this from the old folks and they all regret that they've done travelling when they're already old. Well, it's because when they're younger they just can't leave the opportunities that were behind them and they're not that rich at all.

I know it's possible to travel even if you're not rich but we all want to enjoy it having no budget constraints and worry about the finances as we travel.



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November 25, 2022, 01:59:00 AM
 #58

I stumbled on this online and I decide to analyze this on how it could help for finance freedom.



1. BE YOUR OWN BOSS

I took out the word " as possible" because we can be boss at all cost , even with small business or service we can be if we will be wanting to start from dust.

I myself is a boss though still struggling to make my business grow but at least I am the boss.

thanks for this thread made hoping that many will use this as reference from their plans in future.









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.
"I could either watch it
happen or be a part of it"

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Swordsoffreedom
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November 25, 2022, 03:46:26 AM
 #59

Simple thing, we discuss what he said. Why this is happening, because he have succeeded in it. If the same is being putforth by someone who have failed in life, we won't take into consideration. This is the difference between the successful people and the unsuccessful one. If you want someone to discuss what you putforth then you need to prove yourself to the world. This doesn't mean you need to follow someone's footsteps to be successful, be yourself which is the real success in life.

It's true, those who succeed when they say something will be revered by everyone and always believe it to be true, because those things are said to have helped them succeed. I'm not saying what he said is wrong but I agree with you that don't follow in anyone's footsteps to become successful, be yourself. Those things they can apply successfully, but not necessarily suitable for us. Let's discover for ourselves what suits us best, to make ourselves successful in our own way. People won't care how successful you are, but when you're successful, whatever you say will turn out to be right.

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sovie
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November 26, 2022, 11:18:15 PM
 #60

Simple thing, we discuss what he said. Why this is happening, because he have succeeded in it. If the same is being putforth by someone who have failed in life, we won't take into consideration. This is the difference between the successful people and the unsuccessful one. If you want someone to discuss what you putforth then you need to prove yourself to the world. This doesn't mean you need to follow someone's footsteps to be successful, be yourself which is the real success in life.

It's true, those who succeed when they say something will be revered by everyone and always believe it to be true, because those things are said to have helped them succeed. I'm not saying what he said is wrong but I agree with you that don't follow in anyone's footsteps to become successful, be yourself. Those things they can apply successfully, but not necessarily suitable for us. Let's discover for ourselves what suits us best, to make ourselves successful in our own way. People won't care how successful you are, but when you're successful, whatever you say will turn out to be right.
these people are the source of inspiration for all the world there life is the mix of happiness and sorrow
they have struggled so much I wish we get to know more about these people so that we also focus on the right and achieve success

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