The paper "The History, Development and Growth of Bill Gates" is a good example of a business case study. Entrepreneurship in the technological field has greatly advanced over the years. Technological innovations such as computers and the internet have resulted in the emergence of successful entrepreneurs across the globe. It can be stated that the technological field has actually produced the world’ s most innovative and richest entrepreneurs such as Bill Gates. This paper seeks to examine various entrepreneurial attributes of Bill Gates and the key aspects that are related to his ventures. The history, development and growth of Bill Gates that influenced his success Bill Gates was born in Washington Seattle in 1955 October 28th.
He started showing interest in computers essentially computer programing by the age of 13. His interest in computer programmes continued to expand during his school years at the Lakeside school where he came up with captivating innovations even at a young age. A case in point is when he was in his eighth grade, the Lakeside school mothers club purchased computer time on General Electricity (GE) and the Teletype Model 33 for the schoolchildren.
Gates had so much interest in developing the GE system in order to come up with a BASIC model. As a result, he was exempted from the mathematics class in order to pursue his interest (Bio, 2016). Such innovation opportunities greatly promoted his interests in the field and further advanced his experience. Bill Gates had a desire to acquire more knowledge about his area of interest. This factor also influenced his success. He attended the Computer Centre Corporation (CCC) where he learnt about how to come up with source Codes for a variety of programs such as machine language, Lips and Fortran that aid the running of a system.
Additionally, during his college years, Gates had no specific time schedule of study but rather he spent most of his time around computers (Bio, 2016). This enabled him to gain more knowledge on his venture. Gates also developed a partnership with individuals that had a similar interest as his. He partnered with his friend Paul Allen and developed a new company known as Traf-O-Data that was able to estimate traffic flow.
The initiative earned the two entrepreneurs $20,000. Later the two come up with the Microsoft venture which influenced Gates to take the aggressive move of dropping out of Harvard and making his venture a success (Bio, 2016). The Role of Family and Social Cultural Background in the development of Bill Gates Entrepreneurial success Bill Gates’ family played a critical role in influencing his entrepreneurial success. His mother Mary Maxwell encouraged his son to pursue his interests. Gates had a close relationship with his mother and therefore her advice greatly mattered.
Mary was however against Gates not attending college, nevertheless, she later accepted and let her son follow his dreams (Bio, 2016). The support from the mother and also the father greatly influenced Gates to continue to pursue his dreams. Additionally, it can be stated that Gates was born from a family that has entrepreneurial success and interest which further motivated him. Although his father was a lawyer, his grandfather was inclined to the business world as the president of national banks (Bio, 2016).
Bio, 2016, Bill Gates Biography, Retrieved From
Casadesus-Masanell, R. and Yoffie, D.B., 2007. Wintel: Cooperation and conflict. Management Science, 53(4), pp.584-598.
Computer Hardware., 2011. Microsoft Previews 'Windows 8'. Computers, Networks &
Communications, pp. 49.
Cusumano, M.A. and Selby, R.W., 1997. How Microsoft builds software. Communications of the ACM, 40(6), pp.53-61.
Hall, B.H., 2010. 5 Open Innovation & Intellectual Property Rights: The Two-edged Sword. Economy, Culture and History Japan Spotlight Bimonthly, 29(1), p.18.
Hill, C. W. L., & Jones, G. R., 2007. Strategic management theory. An integrated approach. Boston: Houghton Mifflin.
Hutson, S., 2010. Microsoft Dynamics CRM: Microsoft Dynamics CRM as a Solution Development Framework. Architecture Whitepaper.
Microsoft Corporation., 2011. Hoover's Company Records.
Perry, M., & White, S., 2012. The Business Value of the Microsoft Partner Network Core Benefits. IDC White Paper.
Rothaermel, F.T., 2008. Competitive advantage in technology intensive industries. Adv Study Entrepreneurship Innovation Econ Growth, 18, pp.201-225.