Bill Gates Biography and Traits

Bill Gates Biography

Entrepreneur Bill Gates founded the world's largest software business, Microsoft, with Paul Allen, and subsequently became one of the richest men in the world.

Early Life

Bill Gates was born William Henry Gates III on October 28, 1955, in Seattle, Washington. Gates began to show an interest in computer programming at the age of 13 at the Lakeside School. He pursued his passion through college. Striking out on his own with his friend and business partner Paul Allen, Gates found himself at the right place at the right time. Through technological innovation, keen business strategy and aggressive business tactics, he built the world's largest software business, Microsoft. In the process, Gates became one of the richest men in the world.

Bill Gates grew up in an upper middle-class family with two sisters: Kristianne, who is older, and Libby, who is younger. Their father, William H. Gates Sr., was a promising, if somewhat shy, law student when he met his future wife, Mary Maxwell. She was an athletic, outgoing student at the University of Washington, actively involved in student affairs and leadership. The Gates family atmosphere was warm and close, and all three children were encouraged to be competitive and strive for excellence. Bill showed early signs of competitiveness when he coordinated family athletic games at their summer house on Puget Sound. He also relished in playing board games (Risk was his favorite) and excelled at Monopoly.

Bill had a very close relationship with his mother, Mary, who after a brief career as a teacher devoted her time to helping raise the children and working on civic affairs and with charities. She also served on several corporate boards, including those of the First Interstate Bank in Seattle (founded by her grandfather), the United Way and International Business Machines (IBM). She would often take Bill along when she volunteered in schools and at community organizations.

Bill was a voracious reader as a child, spending many hours pouring over reference books such as the encyclopedia. Around the age of 11 or 12, Bill's parents began to have concerns about his behavior. He was doing well in school, but he seemed bored and withdrawn at times. His parents worried he might become a loner. Though they were strong believers in public education, when Bill turned 13, they enrolled him at Seattle's Lakeside School, an exclusive preparatory school. He blossomed in nearly all his subjects, excelling in math and science, but also doing very well in drama and English.

While at Lakeside School, a Seattle computer company offered to provide computer time for the students. The Mother's Club used proceeds from the school's rummage sale to purchase a teletype terminal for students to use. Bill Gates became entranced with what a computer could do and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in BASIC computer language that allowed users to play against the computer.

It was at Lakeside School where Bill met Paul Allen, who was two years his senior. The two became fast friends, bonding on their common enthusiasm over computers, even though they were very different. Allen was more reserved and shy. Bill was feisty and at times combative. They both spent much of their free time together working on programs. Occasionally, they disagreed and would clash over who was right or who should run the computer lab. On one occasion, their argument escalated to the point where Allen banned Gates from the computer lab. On another occasion, Gates and Allen had their school computer privileges revoked for taking advantage of software glitches to obtain free computer time from the company that provided the computers. After their probation, they were allowed back in the computer lab when they offered to debug the program. During this time, Gates developed a payroll program for the computer company the boys hacked into, and a scheduling program for the school.

In 1970, at the age of 15, Bill Gates went into business with his pal, Paul Allen. They developed "Traf-o-Data," a computer program that monitored traffic patterns in Seattle, and netted $20,000 for their efforts. Gates and Allen wanted to start their own company, but Gates's parents wanted him to finish school and go on to college where they hoped he would work to become a lawyer.

Bill Gates graduated from Lakeside in 1973. He scored 1590 out of 1600 on the college SAT test, a feat of intellectual achievement that for several years he boasted about when introducing himself to new people.

Early Career

Gates enrolled at Harvard University in the fall, originally thinking of a career in law. But his freshman year saw him spend more of his time in the computer lab than in class. Gates did not really have a study regimen. Instead, he could get by on a few hours of sleep, cram for a test, and pass with a reasonable grade.

Gates remained in contact with Paul Allen, who, after attending Washington State University for two years, dropped out and moved to Boston, Massachusetts, to work for Honeywell. In the summer of 1974, Gates joined Allen at Honeywell. During this time, Allen showed Gates an edition of Popular Electronics magazine featuring an article on the Altair 8800 mini-computer kit. Both boys were fascinated with the possibilities that this computer could create in the world of personal computing. The Altair was made by a small company in Albuquerque, New Mexico, called Micro Instrumentation and Telemetry Systems (MITS). Gates and Allen contacted the company, proclaiming that they were working on a BASIC software program that would run the Altair computer. In reality, they didn't have an Altair to work with or the code to run it. But they wanted to know if MITS was interested in someone developing such software. MITS was, and its president Ed Roberts asked the boys for a demonstration. Gates and Allen scrambled, spending the next two months writing the software at Harvard's computer lab. Allen traveled to Albuquerque for a test run at MITS, never having tried it out on an Altair computer. It worked perfectly. Allen was hired at MITS and Gates soon left Harvard to work with him, much to his parents' dismay. In 1975, Gates and Allen formed a partnership they called Micro-Soft, a blend of "micro-computer" and "software."

Microsoft (Gates and Allen dropped the hyphen in less than a year) started off on shaky footing. Though their BASIC software program for the Altair computer netted the company a fee and royalties, it wasn't meeting their overhead. Microsoft's BASIC software was popular with computer hobbyists who obtained pre-market copies and were reproducing and distributing them for free. According to Gates's later account, only about 10 percent of the people using BASIC in the Altair computer had actually paid for it. At this time, much of the personal computer enthusiasts were people not in it for the money. They felt the ease of reproduction and distribution allowed them to share software with friends and fellow computer enthusiasts. Bill Gates thought differently. He saw the free distribution of software as stealing, especially when it involved software that was created to be sold.

In February of 1976, Gates wrote an open letter to computer hobbyists saying that continued distribution and use of software without paying for it would "prevent good software from being written." In essence, pirating software would discourage developers from investing time and money into creating quality software. The letter was unpopular with computer enthusiasts, but Gates stuck to his beliefs and would use the threat of innovation as a defense when faced with charges of unfair business practices.

Gates had a more acrimonious relationship with MITS president Ed Roberts, often resulting in shouting matches. The combative Gates clashed with Roberts on software development and the direction of the business. Roberts considered Gates spoiled and obnoxious. In 1977, Roberts sold MITS to another computer company, and went back to Georgia to enter medical school and become a country doctor. Gates and Allen were on their own. The pair had to sue the new owner of MITS to retain the software rights they had developed for Altair.

Microsoft wrote software in different formats for other computer companies and, at the end of 1978, Gates moved the company's operations to Bellevue Washington, just east of Seattle. Bill Gates was glad to be home again in the Pacific Northwest, and threw himself into his work. All 25 employees of the young company had broad responsibilities for all aspects of the operation, product development, business development, and marketing. With his acumen for software development and a keen business sense, Gates placed himself as the head of Microsoft, which grossed $2.5 million in 1978. Gates was only 23.

Personal Life

In 1989, a 28-year-old Microsoft executive named Melinda French caught the eye of Bill Gates, then 37. The very bright and organized Melinda was a perfect match for Gates. In time, their relationship grew as they discovered an intimate and intellectual connection. On January 1, 1994, Melinda and Bill were married in Hawaii. But only a few months later heartbreak struck Bill Gates as his mother was diagnosed with breast cancer. She died in June 1994. Gates was devastated.

Bill and Melinda took some time off in 1995 to travel to several countries and get a new perspective on life and the world. In 1996, their first daughter, Jennifer, was born. A year later, Gates moved his family into a 55,000 square foot, $54 million house on the shore of Lake Washington. Though the house serves as a business center, it is said to be a very cozy home for the couple and their three children.

Five Traits in Bill Gates

a) Visionary

The popular myth is that Bill Gates is a visionary. He foresaw his MS-DOS operating system as a goldmine, and he tricked IBM, the biggest computer company on earth, into letting him retain the copyright. Microsoft software still dominates the desktop more than 30 years after Gates helped launch the personal computer revolution.

Gates took Microsoft to the top by executing brilliantly, and always in service of other people's visions, never his own. By parlaying his way through a series of ever-bigger business deals--all with fairly ordinary products--he went from zero to billions in less than a decade.

b) Failure is an Option

Its fine to celebrate success but it is more important to heed the lessons of failure.

What makes Bill Gates who he has become is his ability to learn from failure. He celebrates success but not as much he introspects on the lessons from failure. It is this that has shaped up his life, from school to his present day mindset.

There will be people who would want to make fun of your efforts, pull you down and so on. The stronger you stand the bolder you get the faster these negatives wither.

When IBM pulled out of the contract for the operating system to be bundled with the IBM Clone PCs, Bill Gates stayed on and started focusing on the creating Windows amidst lots of hiccups that will hamper the company.

In hindsight, Gates’ early failures seem so miniscule that they are almost laughable. But, as a struggling entrepreneur, he went through the same frustration, confusion and despair that others in his situation also face. What distinguishes Gates from the rest was his ability to rebound from his mistakes and take whatever lessons he could from them. He then became even more resolute and determined to see his vision realize.

c) Open Risk Taker

Bill Gates is a risk taker. In his junior year, Gates dropped out of Harvard to devote his energies full-time to Microsoft, a company he had started in 1975 with his boyhood friend Paul Allen development of new products.

Today, it may seem that billionaires can always take risks since they have money at their disposal. But he took risks when he merely had a few hundred bucks in his pocket. Even when his company was a minnow and IBM was a giant, he took on the latter, dragged them to court and also won a settlement in his favor. That saved him from a huge financial loss even before his Microsoft became a global phenomenon. When Bill Gates along with his wife Melinda Gates decided to pledge their fortune for the welfare of the poor and he consistently took up various causes such as Polio eradication, education for the poor and basic infrastructure for the absolutely impoverished; all of those were risks. He did not know if he would succeed in any of those endeavors but today he has done a perfect job in all those missions, many of which have been accomplished.

d) Proactive

When he had several odds again him such as the American Law and several cases against him, he still consistently took action by developing more software which the people wanted. This made him a super star overnight.

“Whether it’s Google or Apple or free software, we’ve got some fantastic competitors and it keeps us on our toes” – Bill Gates

Bill Gates took up the responsibility of being the Chief Software Architect, Bill Gates was nurturing Microsoft by building a broad range of products. This was not just capitalizing on the knowledge but provide the best by understanding the need of the people.

Though dropping out of college to his dreams, Bill Gates has probably read and written more than most of us ever will. In the process, he has shown the limits of formal education. Important as formal education is, perhaps it is more important to realize that learning is a life-long process. Knowledge is infinite. 

Bill Gates would go to any length to maintain his exiting monopoly. But he has no qualms. He said that any operating system without a browser would go out of business. So we improved our product or else we would have gone out of business, he added For him, success is defined as flattening the competition, not creating excellence.

e) Team Oriented

“If we weren’t still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become a mediocre company,” says Gates. From Microsoft’s inception, Gates prioritized his team, bringing in only trusted friends to help him get the company started. As the company grew, he insisted that they hire only the most capable young minds and strove to create a small and creative environment for them to thrive in. Microsoft succeeded not only because of Gates, but also because of the strong team that stood behind him.