Microsoft Co-Founder Bill Gates & Michael Bloomberg Interview
Image Source: Huffington Post

It takes a lot of hard work, dedication and out of the box thinking to become a billionaire at the age of 31. Bill Gates, the co-founder of Microsoft is one of the people responsible for the computer revolution in our lives. He showed an inclination towards computers and programming since his early years. His smartness led to an SAT score of 1590 out of 1600 and eventually to co-founding one of the leading computer businesses of the world.

Here are the factors that make him so successful:

1. He is an avid reader.

Reading is not merely the best way to gain knowledge; it also helps keep you motivated and hungry to achieve more. Bill Gates is an avid reader. He likes reading everything ranging from inspiring biographies to scholarly periodicals like The Economist and Scientific American.

Business Adventures by John Brooks, Stress Test by Timothy F. Geithner, The Bully Pulpit: Theodore Roosevelt, William Howard Taft, and the Golden Age of Journalism, by Doris Kearns Goodwin, The Rosie Project: A Novel, by Graeme Simsion and The Sixth Extinction: An Unnatural History, by Elizabeth Kolbert are some of the books he recommends in his blog.

Image Source: Geekwire

2. He is fearless.

Being banned from computer usage by Seattle-based Computer Center Corporation after getting caught for exploiting their operating system bugs to steal computer time did not stop him from becoming the great computer genius that he is today.

Not just that, he put his career at stake and decided to drop out from one of the most prestigious colleges in the world, Harvard University, to start his dream company. That’s a hell of a bold move to make.

In one of his tweets, he says, “Be fearless when it comes to life, and careless when it comes to what people say and think about you.”

3. He has a clear vision.

Having a clear vision is a prerequisite for becoming successful. No matter which field of business you belong to, a sharp vision is what will steer you to success. Back in the 1980s, when computers weren’t as popular as they are today, Gates knew the power they held for the future and how they could revolutionize our lives. That’s when he declared his goal— “A computer on every desk and in every home.”

His clear and concise vision brought him where he is today.

Indian authors, Mitesh Khatri and Indu Khatri elaborate on Bill Gates’ vision and how people envy him because they don’t have a vision like him, in their self-help book Awaken The Leader in You.

4. He believes in taking immediate actions.

Be it for his software company Microsoft or while working towards the betterment of the less fortunate through Bill & Melinda Gates Foundation; Gates has always believed in taking actions, rather than merely talking. According to him, many people have a big idea, but they don’t use it. Following our dreams and taking actions towards turning them into reality is the only way to be successful.

During an interview with a US talk show, he was quoted saying, “My experience is that if we don’t act on a good idea within 24 hours, we are less than 50% likely to ever act on it. If we haven’t acted on it inside of 7 days, then we are less than 2% likely to ever act on it. My advice is when you find a good idea act on it right away. That way you’ll find out quicker if it’s a good idea or not.”

Image Source: IT Pro

5. He makes the most of his time.

When you’re in the field of business, nothing is most precious than your time. All successful people are great at managing their time well, and Bill Gates is no different.

His work schedule is highly organized and he uses a number of digital tools to manage his time better. Talking about how he filters his email to avoid time wastage, he told CNN Money, “I get about 100 e-mails a day. We apply filtering to keep it to that level—e-mail comes straight to me from anyone I’ve ever corresponded with, anyone from Microsoft, Intel, HP, and all the other partner companies, and anyone I know. And I always see a write-up from my assistant of any other e-mail, from companies that aren’t on my permission list or individuals I don’t know. That way I know what people are praising us for, what they are complaining about, and what they are asking.”