Bill Gates Gives His Best Advice - Motivational

Money Makers
16 Jul 201604:24

Summary

TLDRBill Gates reflects on key moments in Microsoft's history, like betting on Windows and graphical interfaces despite initial doubts, and recognizing the importance of embracing the internet. He emphasizes the need to keep innovating, hiring smart people, and learning from customer feedback. Though proud of successes, Gates says Microsoft wakes up every day thinking about what they're missing and how to keep improving products. He concludes by asserting that this mindset of constant innovation is what has kept Microsoft at the forefront of technology.

Takeaways

  • 😊 Bill Gates talks about how Microsoft bet the company on Windows and graphical interface, which took over 4 years to take off but now is ubiquitous
  • 💡 Bill discusses how Microsoft is now betting big on the internet and developing tools and content plays there
  • ⏰ Bill spends his time meeting with customers, responding to emails, thinking deeply about the future during 'think weeks', and spending time with his family
  • 📈 Bill explains how competition spurs innovation, using browsers and operating systems as an example
  • 😎 Bill highlights the importance of design and marketing in creating phenomenal, intuitive products with broad appeal
  • 👩‍💻 Bill stresses the importance of working with very smart, innovative people and always pushing to do more
  • 🤔 Bill says Microsoft has to continually think about what they are missing and how they can keep innovating
  • 🔁 Bill explains how Microsoft has had to tear up plans and rethink strategy in light of developments like the internet
  • ✅ Bill talks about enjoying the process of working on new problems with smart people each day
  • 😤 Bill emphasizes the need to hire the very best talent and maintain a culture of innovation

Q & A

  • When did Microsoft first come up with the Windows concept?

    -Microsoft first came up with the Windows concept back in 1983.

  • What does Bill Gates say led to the quick adoption of Microsoft applications like Word, Excel and PowerPoint?

    -He says it's because they switched into the Windows environment, which made it easier for people to use those applications.

  • Who does Bill Gates say has now also come out with Windows applications?

    -He says that even companies like WordPerfect and Lotus have now come out with Windows applications.

  • What does Bill Gates say is attracting all the innovation in the industry?

    -He says the Windows environment is attracting all the innovation in the industry.

  • What does Bill Gates say that Netscape wanted to turn the browser into?

    -He says Netscape looked at turning the browser into an operating system.

  • What approach did Microsoft take instead?

    -Microsoft looked at taking their operating system and building the browser in an integrated fashion.

  • What does Bill Gates say is the kind of competition that spurs innovation?

    -He says the competition between companies like Microsoft and Netscape is the kind of competition that spurs innovation.

  • What does Bill Gates say helps drive Microsoft forward?

    -He says their focus on hiring the very best people and making sure they keep innovating at a rapid pace helps drive them forward.

  • What does Bill Gates say happened every time Microsoft has had a bit of success?

    -He says they're very careful not to dwell on any success. Instead they wake up thinking about what they might be missing and how they can keep innovating.

  • What does Bill Gates say is a great example of how Microsoft has had to embrace innovation?

    -He says the internet is a great example, where Microsoft has had to tear up their plans and fully embrace all that's good about the internet.

Outlines

00:00

😊 Early Days of Microsoft and Windows

Paragraph 1 describes the early days of Microsoft and the development of Windows. It talks about how Windows took over 4 years to develop before becoming popular. Bill Gates discusses betting the company on Windows despite doubts and lack of initial support.

😃 Gates' Leadership Style and Contributions

Paragraph 2 discusses Bill Gates' leadership qualities and contributions to Microsoft's success. It describes his sense of design and aesthetic, engineering background, intuitive understanding of marketing, and ability to reinvent the company to stay ahead.

💡 Need for Constant Innovation

Paragraph 3 talks about the need for constant innovation and not dwelling on past successes. It uses examples like graphical interface and integrated browser to illustrate how Microsoft has continued innovating.

😀 Enjoying the Work, Focusing on Hiring

Paragraph 4 describes Bill Gates' enjoyment for his work and Microsoft's focus on hiring the best talent and maintaining a culture of innovation to stay ahead.

Mindmap

Keywords

💡Microsoft Windows

Microsoft Windows is the graphical user interface operating system that Microsoft developed. Bill Gates explains how Windows was a big bet for Microsoft starting in 1983 that took over 4 years to gain popularity. He sees it as one of Microsoft's major successes.

💡graphical user interface

The graphical user interface (GUI) was pioneered by Microsoft Windows and presented information visually on screen rather than via text commands. Bill Gates mentions how the GUI was initially developed outside of the operating system, but Windows integrated it.

💡innovation

Innovation refers to the introduction of new ideas, technologies, products and ways of doing things. Bill Gates talks about how competition drives innovation in the technology industry and the need for Microsoft to continually innovate.

💡internet

The internet is the global computer network that provides connectivity and communication between devices. Bill Gates discusses how Microsoft had to adapt its plans and products like browsers to embrace the rise of the internet.

💡smart people

Bill Gates emphasizes working with very smart and talented people as core to Microsoft's success in leading innovation. He enjoys the process of collaborating to solve problems.

💡technology change

Bill Gates stresses that technology companies need to anticipate change and not simply rely on previous successes. New challenges and innovations require rethinking products and priorities.

💡customer feedback

Understanding customer needs and feedback is presented as essential for guiding Microsoft's product development and innovation. Bill Gates travels to meet with customers directly.

💡marketing

Bill Gates praises Steve Jobs' intuitive sense of marketing in developing Apple products that consumers desired. This shows the importance of marketing alongside technology innovation.

💡operating system

The operating system manages computer hardware and software resources. Bill Gates talks about how browsers became a threat to dominate the operating system, so Microsoft integrated browsing capabilities.

💡research

Investing in research is required for anticipating technology advances. Bill Gates takes think weeks to deeply consider the future technology landscape and how Microsoft should direct research.

Highlights

Bet entire company on Windows graphical interface, took 4+ years to gain popularity

Spends nights and weekends responding to emails and thinking about the future

Travels 25% of time to meet with customers and check priorities

Believes in the power of design and intuitive marketing

Focused on continually attacking new frontiers instead of dwelling on successes

Saw opportunity in integrating browser into operating system

Predicted growth of Windows environment long ago

Powerful Microsoft apps like Word, Excel and PowerPoint quickly adopted on Windows

Even competitors like WordPerfect and Lotus moved to offer Windows apps

Industry innovation focused on Windows platform

Careful not to dwell on success, wake up focused on what's missing

Obsess over hiring the very best people

Tore up plans to embrace what's best about the internet

Recognized shortcomings of internet and aimed to lead the way

Focused on innovating at a very high pace

Transcripts

play00:00

you find an idea that requires three or

play00:03

four years of improvement and patience

play00:06

I'm really sticking with it that we're

play00:08

very good at that take Windows which we

play00:10

BET our company on everybody who doubted

play00:13

that would succeed IBM did not support

play00:15

us in that it took longer than we

play00:18

expected over four years before finally

play00:21

graphical interface got popular and now

play00:23

people take it for granted it's part of

play00:25

every personal computer and you just you

play00:27

just expect it to be there that was one

play00:29

of the grand successes of the company in

play00:32

the same way we're betting on the

play00:33

internet that our tools there will be

play00:35

popular and that a few of these content

play00:38

plays that we've decided to get involved

play00:40

in that the scale and and the users will

play00:43

make those into great businesses my

play00:45

calendar gets very full with those and

play00:48

then at night after the kids have gone

play00:50

to bed on on email a great deal I get

play00:53

get messages during the day that's my

play00:55

chance to give long responses and then

play00:56

over the weekend I I send a lot of mails

play00:59

as well as well I take two weeks a year

play01:02

to just go off and read and think where

play01:05

I'm not interrupted by work or anything

play01:07

else I'm just solidly trying to think

play01:09

about the future and people get to send

play01:12

me things to read as part of that

play01:13

so-called think week so it's a nice mix

play01:16

of things about 25 percent of the time

play01:18

that I'm out uh traveling around meeting

play01:21

with customers Europe Asia and that sort

play01:24

of helps me think okay do we have the

play01:27

right priorities what what are people

play01:28

responding well to and what would they

play01:30

they like to see us do better sense of

play01:32

design that everything had to fit a

play01:35

certain aesthetic the fact that he

play01:38

this little engineering background as he

play01:40

had and it shows that design can lead

play01:43

you in a good direction and so

play01:45

phenomenal products came out of it he

play01:48

knew about brand I mean in in the in

play01:51

very positive sense he he understood he

play01:54

had an intuitive sense for marketing

play01:56

that was uh

play01:58

amazing can't just keep doing the same

play02:00

old thing you were doing before you have

play02:02

to take your skills and attack the New

play02:05

Frontiers now for example graphical

play02:07

interface used to be outside the

play02:09

operating system and so there were many

play02:11

people doing those systems uh Windows

play02:14

came out ahead there and now it comes

play02:17

with the operating system likewise the

play02:21

the browser is something that Netscape

play02:23

looked at turning the browser into an

play02:25

operating system and we looked at taking

play02:27

our operating system and and building

play02:29

the browser in an integrated fashion and

play02:32

so that was a good example of the kind

play02:34

of competition that Spurs this bill

play02:37

I'm Bill Gates chairman of Microsoft

play02:40

in this video you're going to see the

play02:42

future

play02:43

windows

play02:46

Microsoft first came up with the windows

play02:48

concept back in 1983.

play02:51

and today the leading software users

play02:54

have switched into the windows

play02:55

environment

play02:57

it's really incredible how quickly our

play03:00

powerful applications like Word and

play03:03

Excel and PowerPoint have been adopted

play03:06

it's not just Microsoft applications

play03:08

even companies like word perfect and

play03:11

Lotus have now come out with Windows

play03:13

applications and every week we see new

play03:16

Innovative work

play03:17

it's really attracting all the

play03:19

innovation in the industry

play03:22

we predicted this a long time ago

play03:25

and now it's the future gotta enjoy what

play03:29

you do every day and for me that's

play03:32

working with very smart people it's

play03:34

working on new problems you know every

play03:36

time we think hey we've had a little bit

play03:38

of success we're pretty careful not to

play03:40

dwell on it we wake every day knowing

play03:42

that in the business of Technology you

play03:46

have to think about what are you missing

play03:48

what is the research or customer

play03:50

feedback that you should be paying more

play03:52

attention to and how do you keep that

play03:54

pace of innovation very very high how do

play03:57

you make sure you're hiring the very

play03:58

best people and that kind of focus is

play04:01

has helped drive us forward through all

play04:03

the Milestones the company has had

play04:05

certainly the internet is is a great

play04:07

example of that we had to tear up our

play04:11

our plans and and step back and say well

play04:14

how do we how do we really embrace all

play04:17

that's good about the internet and

play04:19

recognize some of the shortcomings and

play04:21

make sure we're leading the way