In 1974, Bill Gates dropped out of Harvard and became a co-founder of Microsoft – a computer software company in 1975, which later made him be among the wealthiest man in the world. In the beginning, Bill Gates took an interest in programming the General Electric system in BASIC but later pursued his interest.
Furthermore,
he built his first computer program on a General Electric machine, contributing
to his success today. Besides, Gates read an article in 1975 that demonstrated
the Altair 8800. He developed an interest, and this made him displayed the
process on a minicomputer and the BASIC interpreter.
However,
IBM approached Microsoft to write a BASIC interpreter for the new IBM PC. He
proposed using 86-DOS owned by SCP, an operating system similar to the PC.
After adapting the operating system for the PC, Microsoft delivered it to IBM
for a one-time exchange fee of $50,000. Guess what! He became famous.
Not
quite long after he made the exchange, the press quickly identified Microsoft
as influential on the new computer. At first, the computer was called by an
expert in the field as ‘Gates computer.’ From that, the company restructured on
the 25th of June 1981, and Gates became CEO.
Additionally,
Bill Gates created competition and innovation among organizations, many of
which had unique needs and market opportunities. Similarly, the Microsoft
business model chooses to accommodate the needs of multiple and competing
customers that later led to the company’s growth.
What
Contributed To Microsoft Success?
Many
things contributed to Microsoft's success, but we will walk you through the
basic facts and ideas. They have certainly had their failures, but in all
ramifications, they have always demonstrated an ability to recover. Below are
the few things that contributed to Microsoft's success.
·
An excellent interactive process between employees and the CEO
·
The
basis for employees salaries, bonus, incentives, and
possible promotions
·
Accommodating the needs of multiple, competing, OEMs, and
customers
·
Smartness and financial resources that allow them to endure
failures
·
Great success with their flagship operating system (Windows),
Microsoft office, and others
·
Investing in data management, artificial intelligence (AI), and
quantum computing
·
Persistence, perseverance, and risk-taking experience
·
Meeting key objectives that promote effective teamwork
·
Keeping abreast of what is happening in the broader technological
context
·
Productivity is Microsoft’s key buzzword, and this also
contributed to its success
What
Made Microsoft So Successful?
One
of the critical things that made Microsoft a successful business is because of
the company’s standards. Bill Gates founded Microsoft in 1975, and they have
the resilience and ability to respond to changing technologies, business
opportunities, and market demand. Moreover, they revolutionized how we live.
Bottom
Line
There are lots of lessons from Bill Gates's success story. His incredible vision has marked his career. Nonetheless, Microsoft beat out the competition mainly as the company focus on innovation. Today, Microsoft has shifted away from consumer tech to becoming advertising-based online services.
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