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17 Success Teachings from Bill Gates

17 Success Teachings from Bill Gates

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17 Success Teachings from Bill Gates, Bill Gates has had plenty to say about achieving success over the years. The co-founder of Microsoft, an avid reader of about 50 books a year returned to his alma mater, Lakeside School, to help celebrate the prep school’s 100th anniversary.

Speaking to high schoolers about what type of mindset is required to build your own success, Gates offered up plenty of great advice, including having an unquenchable desire to learn and a sense of wonder and curiosity about how things work.

Gates said, “For the curious learner, these are the best of times because your ability to constantly refresh your knowledge with either podcasts or [online] lectures is better than ever.”

Success means having to delegate

The top takeaway that I found useful for entrepreneurs juggling intense workloads and schedules came from an early lesson Gates had to learn: delegation.

In the early days of Microsoft, Gates recalled, he was doing what he had been most passionate about since the age of 13–writing software. He would do most of the code and edit most of the other people’s code. But he knew his obsession with programming wasn’t sustainable if the company was to scale, so he chose to trust in other people’s coding skills and let go of the rein.

As the company grew, he had to delegate what he knew to be one of his weaknesses since he was a kid to other people’s natural strengths. In this case, it was people management.

Being that it is the job of any leader to navigate the human side of the business, Gates brought in the exuberant Steve Ballmer, who “really liked people and management,” says Gates. Ballmer took the helm as chief executive officer of Microsoft from 2000 to 2014.

What makes for successful delegating

The very act of delegating alone doesn’t work. Having a great team in your corner is the first pillar to successful delegation for a leader. And two-way trust must be established for a leader to feel comfortable delegating and sharing responsibilities.

If you’re a reluctant leader unwilling to let go of control, look at the upside: Filling up your employees’ plates with shared and delegated work will make you a resource, a mentor, and put you in a position to facilitate coaching conversations that will build the trust you need to strengthen ties with team members.

While some level of patience is required, delegating tasks effectively leads to employees feeling useful, empowered, and integral to the functioning of the organization.

On the flipside, in micromanaged environments, the work is scrutinized to the last detail. The environment can be stifling because control-freak-managers want to oversee and have the final say in all the decisions.

In such a psychologically-overwhelming setting, there’s hardly room for group discussion or input to foster healthy collaboration. Loyal workers trying to find meaning in their jobs are left with nothing but taking their marching orders. In the end, this crushes the spirits of people and is bad for business.

Bill Gates is the richest man in the world, after founding Microsoft in 1975. He is now worth $90 billion as of 2018, as Microsoft has risen to create the number 1 operating system brand Windows, which has been re-developed several times.

Microsoft also created Xbox, which has become one of the most popular, if not the most popular gaming system in the world.

Bill Gates’ Success Lessons

We have scoured the net and compiled a list of 10 success lessons from Bill Gates; which he has given to people at one point or another in his lifetime, to show them what it takes to become successful and wealthy.

He is the wealthiest man in the world, after all, so listen up!

1. Start as Early as Possible

The first of Bill Gates’ success lessons is to start as early as possible.

Bill Gates was only 13 years old when he started working with computers. When you start something at an early point in your life, you become molded around it.

Not only will you have a chance of becoming successful sooner than most people, but you would also be less likely to want to give up.

If you’ve had a dream that you start working towards when you’re young, you will be more immune to people telling you what you can or can’t do.

By the time you’re an adult and people actually start to take more notice of what you’re working towards, you will be stubborn enough to just ignore them.

The time that you’re most influenced by others is when you’re younger, so if you’ve seen things on T.V or on the internet where others have become successful, this will be imprinted in your mind and you won’t have doubt about what you can or can’t do.

2. Enter into Partnerships

Bill Gates was very fond of forming partnerships with people, people who were the top dog and that made Gates become the ‘Sidekick’.

He was happy with this because it unlocked new opportunities for him and the potential to learn from other successful entrepreneurs who could teach him a thing or two.

Not only that, but it meant that he built relationships with people that would definitely be able to help him out with his future endeavors.

3. You Will Not Make $60,000 a Year Right out of High School

Let’s be honest, you’re not going to make $60,000 a year straight out of high school, so if for some reason you think you will stop kidding yourself. No matter how much education you have, you still need the experience to work your way at the top.

You won’t get appointed CEO of a multi-national company just because you have a degree in business management.

That’s a position that you need to earn, by either starting your own company and working hard to take it to the top or working your way up within a company and proving yourself to people.

4. Be Your Own Boss as Soon as Possible

Bill Gates became a boss at a fairly early age. He deserved it, and it put him in an excellent position with pure control over his success.

More to read> 7 Ways to Success

5. Don’t Whine About Your Mistakes, Learn from Them

What is the point in blaming other people for your mistakes? Who are you trying to fool? Your mistakes are on you, they are not anyone else’s fault, so stop blaming other people just to try and rid your conscience of guilt.

6. Be Committed and Passionate

I think this is always included by every entrepreneur as a good bit of advice. You need to be committed to what you love and have a great passion for what you do.

The successful people in this world make it look so easy because they absolutely love what they are doing. If you’re finding things too stressful and too hard, then I’m not sure you’re working on the right thing.

Want to hear some of Bill Gates’ success lessons?

Bill Gates is the richest man in the world, after founding Microsoft in 1975. He is now worth $90 billion as of 2018, as Microsoft has risen to create the number 1 operating system brand Windows, which has been re-developed several times.

Microsoft also created Xbox, which has become one of the most popular, if not the most popular gaming system in the world.

7. Life is the Best School, Not University or College

No matter how many books you read, no matter how many tests you take, nothing from university or college can properly prepare you for life in the real world.

Real-life jobs and bosses do not just involve you studying and them teaching you. It’s real-life work that you need to be able to carry out, otherwise, you will be fired. End of.

8. Be Nice to Nerds

It’s true, people who you’d probably class as ‘nerds’ are actually the ones who will work the hardest, be the smartest, and be determined to succeed.

If you’re horrible to nerds then you’re basically taking your chances with fate, because you could easily end up working for one, or even apply for a position at a company that is run by someone you know and have been horrible to in the past.

9. TV is Not Real Life

You need to stop getting sucked into Television and believing that what you’re seeing in some cases may actually be what people do in real life.

Real-life is tough and anybody who’s anywhere near successful will not be sitting around in coffee shops all day talking to their friends. They will be out working the grind to pay their bills and improve their financial situation.

10. Life is Not Fair

Another of Bill Gates’ success lessons is to learn that life is not fair.

No matter how hard you work in life, there will always be times where things don’t go your way, perhaps through no fault of your own. Things that you cannot control. You will get knocked down, but you need to be able to stand up.

Life isn’t fair. It’s a test, a game, a risk. If you fall down and don’t bother getting back up, you don’t deserve to be successful. Winners know that life isn’t fair and they will keep getting back up until they’ve made it.

11. Be Ready to Takes Risks

Starting a business is a little bit like gambling, you’re not always sure if you’ll win or not. However, the only difference is that you can strategize and plan well enough to ensure the success of your business.

This quote from Bill Gates is not only applicable to entrepreneurs, it can also apply in life as a whole. The world is full of uncertainties. Life has no rules and you have to sacrifice certain things to get to your destination.

People will step on and reject you but at the end of the day, if you are able to muster the courage to keep on going, nothing will stand in your way.

12. Never Fast Forward Your Way to Success

NOTHING comes easy and that includes being successful. Bill Gates and Paul Allen started Microsoft on a shaky foundation, but through patience and hard work they were able to surpass the struggles they encountered.

This just goes to show that there are no shortcuts to success, my friend. It takes time to build an empire and a lifetime of sacrifice to keep the consistency going.

13. Be Proud of Who You Are

Many people get frustrated because they’re not as smart, rich or talented as the person they look up to. You may get frustrated because you’re not as successful as Bill Gates, but you have to face the reality that we’re all born differently.

Each person has their own unique abilities and you have to accept that to become successful.

If you start to appreciate yourself and what you can offer, you will be more confident to do things your own way.

14. Be Humble at All Times

It’s great to dream of success and all that comes with it. However, if you let it get into your head and start to think that you’re untouchable, that is not what you call success.

Life is a wheel, it’s unpredictable. You can be on top today, but at the bottom the next. (Trust me!) It’s best to stay humble at all times and never forget what got you there in the first place.

15. Take Things Positively & Love Learning

Bill Gates also had his fair share of unsatisfied customers, but you know what? He never considered this as something negative. Instead, he took their insights by heart and used them to improve his work.

When people hear criticism and bad feedback, they are easily discouraged and their drive to succeed goes downhill.

But if you think about it, this negativity will help you more than you realize, if you look closely. Learn from your mistakes and shortcomings and use that as a catalyst to be the best in what you do.

16. Accept Failures & Move On

Failures are more important than success, because by failing you become successful. The greatest life lessons and the knowledge that changes everything – is found when you fail.

When you succeed, you can learn lessons, you are happy, people will praise you and everyone is willing to help you. But when you fail, everything is dark and you’ll know how it is to suffer. You will see the real ones from the fake ones.

More than the joy that success brings you, always place greater importance on the lessons you learned when you failed. Use that as your weapon as you go through life’s journey.

17. Share Your Success With Others

The last of Bill Gates’ success lessons is to share your success with others.

You know the feeling of being an owner of a small startup. It’s difficult and you have probably experienced many struggles.

A truly successful entrepreneur will support and share his or her knowledge to other aspiring entrepreneurs, giving them the encouragement and inspiration they need.

More to read> 5 Tips to Become a Winner in Life

Thank you> Wealthy Gorilla