Bill Gates Entrepreneur
Executive Summary
Bill Gates is one of the 21st Centuries most successful entrepreneurs. This report will take a closer look into Bill Gates whilst simultaneous exploring entrepreneurship and its role in business, entrepreneurial approaches to opportunity and innovation, management and leadership, growth and longevity in additional to entrepreneurial traits and characteristics.
Contents
Executive Summary i
1.0 Introduction 1
2.0 The Opportunity Recognised 1
3.0 The Entrepreneur 2
4.0 Managing and Leading 3
5.0 Growth and Longevity 4
6.0 Conclusion 5
References 6 1.0 Introduction
Bill Gates is an American entrepreneur who founded Microsoft and made the personal computer (PC) a household product. Gates dropped out of Harvard in 1997 to form Microsoft with friend, Paul Allen. The pair pursued the new technology industry head-first, and today Microsoft is the technology industry leader .
2.0 The Opportunity Recognised/Innovation
Arguably, innovation is one of the most essential keys to an entrepreneur’s success . Innovation can be seen as the process in which entrepreneurs convert their opportunities into marketable products . This process is fundamental to the entrepreneurial process and includes consolidating a vision, perseverance, creativity and logical ability . Innovation has been fundamental in Gates’ success as it guided him from his recognition of an opportunity to the creation and management of Microsoft. The opportunity Gates recognised was a market for PC’s. From this recognition Gates built a vision to have computers in every household, on every desk, which prior to Microsoft seemed an un-accomplishable feat.
With this vision in mind, Bill started work for IBM, a future-rival computing company. It was this move that eventually, made the PC a reality. IBM was the leading computing company at the time and whilst, Gates wanted to immediately produce the PC, he persevered and waited for the right time to launch. As an ingenious
Bill Gates is one of the 21st Centuries most successful entrepreneurs. This report will take a closer look into Bill Gates whilst simultaneous exploring entrepreneurship and its role in business, entrepreneurial approaches to opportunity and innovation, management and leadership, growth and longevity in additional to entrepreneurial traits and characteristics.
Contents
Executive Summary i
1.0 Introduction 1
2.0 The Opportunity Recognised 1
3.0 The Entrepreneur 2
4.0 Managing and Leading 3
5.0 Growth and Longevity 4
6.0 Conclusion 5
References 6 1.0 Introduction
Bill Gates is an American entrepreneur who founded Microsoft and made the personal computer (PC) a household product. Gates dropped out of Harvard in 1997 to form Microsoft with friend, Paul Allen. The pair pursued the new technology industry head-first, and today Microsoft is the technology industry leader .
2.0 The Opportunity Recognised/Innovation
Arguably, innovation is one of the most essential keys to an entrepreneur’s success . Innovation can be seen as the process in which entrepreneurs convert their opportunities into marketable products . This process is fundamental to the entrepreneurial process and includes consolidating a vision, perseverance, creativity and logical ability . Innovation has been fundamental in Gates’ success as it guided him from his recognition of an opportunity to the creation and management of Microsoft. The opportunity Gates recognised was a market for PC’s. From this recognition Gates built a vision to have computers in every household, on every desk, which prior to Microsoft seemed an un-accomplishable feat.
With this vision in mind, Bill started work for IBM, a future-rival computing company. It was this move that eventually, made the PC a reality. IBM was the leading computing company at the time and whilst, Gates wanted to immediately produce the PC, he persevered and waited for the right time to launch. As an ingenious