Making Money: 9 Ways Bill Gates Made His Fortune

Talk of the richest entrepreneurs of the world and the name Bill Gates instantly catches the fascination of everyone. Bill Gates transformed from being a little boy playing with computers into richest person in the world with a net worth of $87.4 billion. But how did he do it? Was it his Havard or relentless passion that helped Gates becomes a successful and rich entrepreneur? According to finance investment companies in Delhi, India there were certain things that helped him build his fortune.

Here are the 9 ways Gates was able to build his fortune from the level zero -

Semi-Educated in Havard:

Gates dropped out from Havard shortly after he was admitted. At Havard, he studied computers and  was also fascinated to learn other subjects as well. So much was he inspired by the standard of education at Havard that he attributes his time at Havard to his success. The thirst for knowledge and the willingness to always improve and learn contributed to the growth of his eventual entrepreneurship.

Supportive Parents:

Bill Gates always looked up to his parents as his role models. Both his parents were highly active and would come home and told inspirational stories from the world of business/law/politics and other charitable activities. As per a write up published in New York Times, it was his mother who helped him get the contract that led to the lucrative relationship with IBM for his fledging Microsoft Corporation.

The Habit of Reading:

Once Bill Gates’ father disclosed that right from his childhood Bill nourished the habit of reading – encyclopedias, science fiction, short stories and more. Throughout his life Gates have maintained his love of reading. He even has his own blog where he frequently recommends books to his readers. Reading most likely contributed to this multi-billionaire’s high net worth, providing him the knowledge he would need to become a successful & rich businessman.

Choosing a Good Business Partner:

Being one of the most successful entrepreneurs, it’s obvious that Gates has made many brilliant business decisions in his lifetime. However, according to finance investment companies in Delhi, India the best decision that he has ever made is deciding to go into partnership with Paul Allen, his childhood friend. Although these two guys are no longer together, it was Allen’s partnership that helped him co-found Microsoft.

Infallible Self Confidence:

Gates attended an elite private school where he had a hands-on experience on computers when he was in the 7^th grade. His experience at the school is something that gave him the self confidence to go ahead and do the impossible. He and his friend Allen started a company with the vision that soon computers and software was going to next big thing in the future when nobody else agreed with them.

Maintaining an Emergency Fund for Microsoft:

Gates was always driven by his instinct to keep a large emergency fund for Microsoft, which would keep the business afloat even if it encountered financial obstacles. Although it was a conservative approach, it worked well for him and Microsoft was never reported to be in bankruptcy. The ability to be creative, work with his team and have a big enough cash cushion to continuously grow and try new things contributed greatly to Microsoft’s success and eventually Gates’ substantial net worth.

Getting 7 Hours of Sleep:

Gates is of the view that he is just unable to think creatively without sleeping for 7-8 hours every day. He says that without sleeping he may be able to make a business tour, make a speech or do parts of his job that way. But, he can never think productively for his business without having sufficient amount of sleep.

Having a Good Money Manager:

According to finance investment companies, good financial status of Bill Gates can also be attributed to his money manager. In 2014, he hired Larson as his money manager and since then Larson had diversified Gates’ money and Gates’ net worth to nearly 18 times higher than what it was before.

He Remained Passionate About His Ideas:

Bill Gates always loved his job. He fell in love with computers as a child and dedicated his entire life in building one of the most successful businesses in the world. And decades later, he still loves his work and gives back. Bill Gates feels that competition, breakthroughs, and research, makes his field the most interesting one.