ENTREPRENEURSHIP STUDY ENTREPRENEURSHIP Entrepreneurship Process where an individual

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ENTREPRENEURSHIP STUDY

ENTREPRENEURSHIP STUDY

ENTREPRENEURSHIP Entrepreneurship Process where an individual handles a small business by taking up all

ENTREPRENEURSHIP Entrepreneurship Process where an individual handles a small business by taking up all the risks and honors of the venture. Entrepreneur Person who runs the business, acts as managers and supervisors who works for the profit of the enterprise Benefits Development of managerial capabilities, creation of organizations, improved standards of living and means of economic development (Wiklund et al. , 2019).

BILL GATES- A SUCCESSFUL ENTREPRENEUR An American capitalist, Chairman of the leading software company-

BILL GATES- A SUCCESSFUL ENTREPRENEUR An American capitalist, Chairman of the leading software company- Microsoft Corporation Born in Oct, 28, 1955 in Seattle, USA. Attended the Lakeside private school Father- William H Gates, Attorney General, Mother. Mary Maxwell Gates, School Teacher and Head of the United Way charity A simple man with ideal personalities pretty conservative in terms of money, throws billions of dollars for resolving global health issues, stands out for major policy issues, supports various organizations and institutions

EARLY LIFE Early interest was about computer programming Developed his initial software program with

EARLY LIFE Early interest was about computer programming Developed his initial software program with his friend & business partner, Paul Allen at the age of 13 Discontinued his studies at Harvard University to achieve his dream project on Microsoft Corporation in 1975 (Martinez, 2017) Most successful entrepreneur of this era because of his vision and prediction on the emerging importance of PCs

BUSINESS DEVELOPMENT Established Microsoft company in 1975 Success began with MS-DOS operating system that

BUSINESS DEVELOPMENT Established Microsoft company in 1975 Success began with MS-DOS operating system that was licensed to IBM followed by Windows 1. 0, 3. 1, 3. 11, Windows 95, 98, Windows XP and thus to Windows 10 Established the Bill and Melinda Gates Charity foundation. Microsoft’s net worth as of 2019 is one trillion dollars (Csiszar, 2020)

ESSENCE OF ENTREPRENEURSHIPCHARACTERISTICS & SKILLS Creativity Decision-making skills Project management skills Vision Passion Innovation

ESSENCE OF ENTREPRENEURSHIPCHARACTERISTICS & SKILLS Creativity Decision-making skills Project management skills Vision Passion Innovation Risk taker Charismatic Leader

THEORIES Theory of Economic Development Supportive economic environment Motivators- economic determinants (Marketing openings, technologies,

THEORIES Theory of Economic Development Supportive economic environment Motivators- economic determinants (Marketing openings, technologies, taxation and industrial policies, investments, financial resources and infrastructure opportunities) Fiedler’s Contingency Model of Leadership Effective and task oriented & autocratic leadership style (Sattar, 2017)

IMPROVEMENTS Innovative products to be introduced to outcompete their Asian firm rivalries Furthering the

IMPROVEMENTS Innovative products to be introduced to outcompete their Asian firm rivalries Furthering the development of novel strategic plans to increase it competing strength with other trending firms in the market

FUTURE PLANS Use of Machine learning applications Establishing and utilizing cloud based services Application

FUTURE PLANS Use of Machine learning applications Establishing and utilizing cloud based services Application of natural form factors such as gesture, speech and touch for Microsoft products Establishment of windows platform in PC devices, tablet, telephone and in cloud computing services

CONCLUSION Successful entrepreneurs are those who have high tolerance to withstand a stressful world

CONCLUSION Successful entrepreneurs are those who have high tolerance to withstand a stressful world with courage, sincere hard work and emotional stability. Bill Gates, a successful business tycoon is not only a man of technical brilliance but also a man of merciless competitor filled with visions to bring the best to the world through various trained entrepreneurs in technology and innovative practices

REFERENCES Csiszar, J. (2020, January 17). How Much Is Microsoft Worth? Retrieved from https:

REFERENCES Csiszar, J. (2020, January 17). How Much Is Microsoft Worth? Retrieved from https: //www. gobankingrates. com/investing/strategy/how-much -is-microsoft-worth/ Martinez, A. (2017, October 25). The Entrepreneurs Behind Microsoft: Bill Gates & Paul Allen. Retrieved from https: //stmuhistorymedia. org/the-entrepreneur-behindmicrosoft-bill-gates/ Sattar, S. B. (2017, June 2). Leadership Qualities, Skills, and Style of Bill Gates. Retrieved from https: //www. thestrategywatch. com/leadership-qualities-skillsstyle-of-bill-gates/ Wiklund, J. , Nikolaev, B. , Shir, N. , Foo, M. -D. , & Bradley, S. (2019). Entrepreneurship and well-being: Past, present, and future. Journal of Business Venturing, 34(4), 579– 588. doi: 10. 1016/j. jbusvent. 2019. 01. 002

Thank You

Thank You