GROUP MEMBERS NAME:ROLL NO 03 19 23 35 43 48 49 GROUP MEMBERS NAME HETAL CHEDDA AVANI SHAH ABHISHEK THAKER DAYA MISTRY MOSAM

PANCHAL HUSSAIN WARDHAWALA PARAS VALA MARKS SIGNATURE

What is entrepreneur? Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities. The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture. According to economist Joseph Aloes Schumpeter (1883-1950), entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success. Schumpeter discovered that they Greatly value self-reliance, strive for distinction through excellence, are highly optimistic (otherwise nothing would be undertaken), and Always favor challenges of medium risk (neither too easy, nor ruinous). Characteristics of an entrepreneur There is no such thing as a typical entrepreneur. Some entrepreneurs are quiet and hard-working, while others are more outgoing and flamboyant. The key to being a successful entrepreneur lies in the ability to take an idea and then, through the process of innovation, develop it in such a way that it becomes a marketable product or service. Research indicates that there are a number of characteristics that are quite likely to be present in high-achieving entrepreneurs: The ability to learn from others entrepreneurs tends to be good at networking. They benefit from being members of organization like the IET where they can learn best practice ideas from others. Self confidence a belief in their own abilities and ideas. Being innovative/inventive being able to generate ideas, either for new products/services or new ways of applying them.

1. 2. 3. 4.

Self motivation and determination the drive to keep going and see things through. Showing initiative it is necessary to have not only the ideas for the business, but also the detailed plans to achieve objectives (both thinking and doing). Analytical abilities capable of researching and evaluating each aspect of the business, from development, through finance, production, to marketing and sales. The ability to make decisions and to take (considered) risks. A focus on results that ensures products are sold for a profit. The combination of many of these skills and qualities, with the right support, ensures ideas do not just remain as dreams but become real, viable businesses. Objective for selecting Bill Gates He is one of the richest persons in the world. He makes extensive use of technology in every aspect of his life. He encourages and imbibes interest & curiosity in us to know more about the principles he uses to be successful. His philanthropic activities show that he is working actively towards the betterment of the world.

About Bill Gates William Henry "Bill" Gates III (born October 28, 1955) is an American business magnate and philanthropist. Gates is the former chief executive and current chairman of Microsoft, the worlds largest personalcomputer software company, which he co-founded with Paul Allen. He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third; in 2011 he was the wealthiest American and the second wealthiest person. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with 6.4 percent of the common stock. He has also authored and co-authored several books. Gates is one of the best-known entrepreneurs of the personal computer revolution. Gates has been criticized for his business tactics, which have been considered anti-competitive, an opinion which has in some cases been upheld by the courts. In the later stages of his career, Gates has pursued a number of philanthropic endeavours, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000. Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer. Gates last fulltime day at Microsoft was June 27, 2008. He remains at Microsoft as nonexecutive chairman.

Early life:-

Gates was born in Seattle, Washington, to William H. Gates, Sr. and Mary Maxwell Gates. His ancestry includes English, German, and Scots-Irish. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate Bank System and the United Way. Gates maternal grandfather was J. W. Maxwell, a national bank president. Gates has one elder sister, Kristi, and one younger sister, Libby. He was the fourth of his name in his family, but was known as William Gates III or "Trey" because his father had the "II" suffix. Early on in his life, Gates parents had a law career in mind for him. When Gates was young, his family regularly attended a Congregational church. At 13 he enrolled in the Lakeside School, an exclusive preparatory school. When he was in the eighth grade, the Mothers Club at the school used proceeds from Lakeside School's rummage sale to buy a Teletype Model 33 ASR terminal and a block of computer time on a General Electric (GE) computer for the school's students. Gates took an interest in programming the GE system in BASIC, and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by the machine and how it would always execute software code perfectly. When he reflected back on that moment, he said, "There was just something neat about the machine." After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP10 belonging to Computer Centre Corporation (CCC), which banned four Lakeside studentsGates, Paul Allen, Ric Weiland, and Kent Evansfor the summer after it caught them exploiting bugs in the operating system to obtain free computer time. At the end of the ban, the four students offered to find bugs in CCC's software in exchange for computer time. Rather than use the system via Teletype, Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in FORTRAN, LISP, and machine language. The

arrangement with CCC continued until 1970, when the company went out of business. The following year, Information Sciences, Inc. hired the four Lakeside students to write a payroll program in COBOL, providing them computer time and royalties. After his administrators became aware of his programming abilities, Gates wrote the school's computer program to schedule students in classes. He modified the code so that he was placed in classes with mostly female students. He later stated that "it was hard to tear myself away from a machine at which I could so unambiguously demonstrate success." At age 17, Gates formed a venture with Allen, called Traf-O-Data, to make traffic counters based on the Intel 8008 processor. In early 1973, Bill Gates served as a congressional page in the U.S. House of Representatives. Gates graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. While at Harvard, he met Steve Ballmer, who later succeeded Gates as CEO of Microsoft.

Family background of bill gates:Gates was born in Seattle, Washington, His father was to William H. Gates, Sr. and Mary Maxwell Gates is his mother of English, German, His family was upper middle class; his father was a prominent lawyer, his mother served on the board of directors for First Interstate Bank System and the United Way. Gates attended public elementary school and the private Lakeside School. There, he discovered his interest in software and began programming computers at age 13. 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 in 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, among them First Interstate Bank in Seattle (founded by her grandfather), MARRIAGE LIFE:-

How Bill and Melinda Met: Bill and Melinda met in 1987 at a Microsoft press event in Manhattan, New York. Marriage Proposal: Bill proposed marriage to Melinda in 1993 when he "secretly diverted a chartered plane they were taking home from Palm Springs one Sunday night to land in Omaha. Warren Buffett met them there, arranged to have a jewelry store open,

and helped them pick a ring." Ages at Wedding: Bill, 38. Melinda, 29. Wedding Date: Bill and Melinda were married on January 1, 1994 on the Hawaiian island of Lanai. The island has no stoplights, has 47 miles of coastline, lots of white sand, and is only 18 miles long and 13 miles wide. BILL GATES AS A TECHNICAL LEADER

New Source-Code: Gates went to Computer Center Corporation CCC and studied source code for various programs that ran on the system, including programs in FORTRAN, LISP, and machine language. New Venture: At age 17, Gates formed a venture with Allen called Traf-O-Data to make traffic counters based on the Intel 8008 processor. New Opportunity: the release of the MITS Altair 8800 based on the Intel 8080 CPU facilitated them to go for new possibilities to open their own computer software company. MITS Altair 8800 Computer with 8-inch (200 mm) floppy disk system

Gates & MITS linkage : Gates contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new microcomputer, to inform them that he and others were working on a BASIC interpreter for the platform. Project Altair-BASIC : Paul Allen was hired into MITS, and Gates took a leave of absence from Harvard Univ. to work with Allen at MITS in Albuquerque in November 1975 MICROSOFT After reading the January 1975 issue of Popular Electronics that demonstrated the Altair 8800, Gates contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new microcomputer, to inform them that he and others were working on a BASIC interpreter for the platform. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Robertsagreed to meet them for a demo, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration, held at MITS's offices in Albuquerque was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. Paul Allen was hired into MITS, and Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1975. They named their partnership "Micro-Soft" and had their first office located in Albuquerque. Within a year, the hyphen was dropped, and on November 26, 1976, the trade name "Microsoft" was registered with the Office of the Secretary of the State of New Mexico. Gates never returned to Harvard to complete his studies. Microsoft's BASIC was popular with computer hobbyists, but Gates discovered that a pre-market copy had leaked into the community and was being widely copied and distributed. In February 1976, Gates wrote an Open Letter to Hobbyists in the MITS newsletter saying that MITS could not continue to produce, distribute, and maintain high-quality software without payment. This letter was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment. Microsoft became independent of MITS in late 1976, and it continued to develop programming

language software for various systems. The company moved from Albuquerque to its new home in Bellevue, Washington on January 1, 1979, after the former rejected his loan application. During Microsoft's early years, all employees had broad responsibility for the company's business. Gates oversaw the business details, but continued to write code as well. In the first five years, Gates personally reviewed every line of code the company shipped, and often rewrote parts of it as he saw fit. IBM partnership IBM approached Microsoft in July 1980 regarding its upcoming personal computer, the IBM PC. The computer company first proposed that Microsoft write the BASIC interpreter. When IBM's representatives mentioned that they needed an operating system, Gates referred them to Digital Research (DRI), makers of the widely used CP/M operating system. IBM's discussions with Digital Research went poorly, and they did not reach a licensing agreement. IBM representative Jack Sams mentioned the licensing difficulties during a subsequent meeting with Gates and told him to get an acceptable operating system. A few weeks later Gates proposed using 86-DOS (QDOS), an operating system similar to CP/M that Tim Paterson of Seattle Computer Products(SCP) had made for hardware similar to the PC. Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full owner, of 86-DOS. After adapting the operating system for the PC, Microsoft delivered it to IBM as PC-DOS in exchange for a one-time fee of $50,000. Gates did not offer to transfer the copyright on the operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry. Despite IBM's name on the operating system the press quickly identified Microsoft as being very influential on the new computer, with PC Magazineasking if Gates were "The Man Behind The Machine?" He oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates President of Microsoft and the Chairman of the Board.

Windows Microsoft launched its first retail version of Microsoft Windows on November 20, 1985, and in August, the company struck a deal with IBM to develop a separate operating system called OS/2. Although the two companies successfully developed the first version of the new system, mounting creative differences caused the partnership to deteriorate. It ended in 1991, when Gates led Microsoft to develop a version of OS/2 independently from IBM. BILL GATES AS A SUCCESSFUL ENTREPRENEUR Gates is one of the most successful entrepreneurs of the world. He is able to run a successful and a profitable entrepreneurship for many years and even today, we cannot survive in this competitive world without it. Vision and dedication are the key factors of being a successful entrepreneur and these skills were present in Bill Gates from the beginning. He has got the skills to identify the most suitable employee for recruitment. The success of Microsoft is the true example of the entrepreneurial skills of Bill Gates. The success story of Bill Gates is highly motivating for all the upcoming entrepreneurs. His hard work, dedication and self-confidence helped him to earn everything he has. He is a simple man and slightly conservative in regards of money although he is one of the richest people of the world. The youth can take inspirations from the life of Bill Gates. So it can be concluded that Bill Gates is one of the ideal personalities of the world who has honestly contributed towards the world's success.

Achievements as a successful entrepreneur

The list of achievements of Bill Gates is so long that a book can be written about it. Some of his achievements are mentioned below: 1. In 2005, Bill Gates knighted by Queen Elizabeth II for his contribution to the British economy. His title will be 'Knight Commander of the Order of the British Empire.

2. Time Magazine included his name in '100 most influential people of 20th century'. His name was continuously there from 2004 till 2006. 3. He has received doctorates from various universities and institutes like Harvard University and The Royal Institute of Technology. 4. Bill Gates and his wife have done many generous works for the welfare of the society. For this, they have received the award of 'Order of the Aztec Eagle' in Mexico. 5. Sunday Times included his name in its Power List in 1999. 6. Forbes Magazine listed his name in 'The World's Richest People' from the year 1995 to 2007. 7. Berkshire Hathaway, an investment company, approached him to be the Director of the company. In 2000 Gates resigns as CEO of Microsoft to spend more on software architecture and less with running the company

OTHER KEY LESSONS-BILL GATES If you show people the problems and you show them the solutions they will be moved to act. Bill Gates This is one never mentioned secret of success. Action is the key word. When logic never drives us its emotions. We must have take action. Bill Gates as a small young boy never had anything to lose which he kept telling his good friend Paul Allen. 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 its Google or Apple or free software, weve 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. Bill Gates' Secrets of Success Hard work: Bill Gates is a hard worker since the beginning of his life. In his college days, he used to work all night long on his computer. When Microsoft was started, Bill Gates used to sleep only for 6 hours in a day without skipping a single day of office. For Bill Gates, hard work is one of the main keys of success. Entrepreneurship: Entrepreneurship is an integral part and is present in Bill Gates from the beginning. He knows how to manage his work, he always takes a keen interest in learning, he learns from his own mistakes, he is a creative person and, most of all, and he is focused towards his goals. Confidence: Bill Gates has always been a highly confident person. He was always confident about his dream of becoming successful. Managerial Skills: The great managerial skills of Bill Gates helped Microsoft to be a successful company. He efficiently managed all the areas of the company which required his focus. A Great

Convincer: Bill Gates is gifted with great convincing skills. He has made lots of successful deals in his career. The deal with IBM was one of them.

Technical Mind: Bill Gates is born with a highly technical bent of mind. It is a gift of god to him. Microsoft has earned lots of success through this technical mind. He Had A Vision: From day one, Gates dreamed of having a personal computer in every home, in every business and in every school. Throughout his career, he never once wavered from this dream. Focusing on software as the means to popularize the PC, Gates built his empire around this central vision and steered clear of all other distractions. And, the vision continues today. We are not even close to finishing the basic dream of what the PC can be, he says. He Had a Solid Team: If we werent 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 Microsofts 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. He Took a Long-Term Approach: In the decade ahead I can predict that we will provide over twice the productivity improvement that we provided in the 90s, said Gates. This bold statement captures Gates philosophy behind his entire business. Never one to chase after instant success or an immediate pay-off, Gates began coding software with a view to the next fifty years. He has constantly tried to keep his company at the

forefront of new technological developments by funding new research initiatives. Gates long-term approach helped ensure Microsofts remarkable staying power. He Learned From Failure: 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. Management style : From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the company's product strategy. He aggressively broadened the company's range of products, and wherever Microsoft achieved a dominant position he vigorously defended it. He gained a reputation for being distant to others; as early as 1981 an industry executive complained in public that "Gates is notorious for not being reachable by phone and for not returning phone calls." Another executive recalled that after he showed Gates a videogame and defeated him 35 of 37 times, when they met again a month later Gates "won or tied every game. He had studied the game until he solved it. That is a competitor." As an executive, Gates met regularly with Microsoft's senior managers and program managers. Firsthand accounts of these meetings describe him as verbally combative, berating managers for perceived holes in their business strategies or proposals that placed the company's long-term interests at risk. He often interrupted presentations with such comments as, "That's the stupidest thing I've ever heard!" and, "Why don't you just give up your options and join the Peace Corps?" The target of his outburst then had to defend the proposal in detail until, hopefully, Gates was fully convinced. When subordinates appeared to be procrastinating, he was known to remark sarcastically, "I'll do it over the weekend."

Gates role at Microsoft for most of its history was primarily a management and executive role. However, he was an active software developer in the early years, particularly on the company's programming language products. He has not officially been on a development team since working on the TRS-80 Model 100, but wrote code as late as 1989 that shipped in the company's products. On June 15, 2006, Gates announced that he would transition out of his day-to-day role over the next two years to dedicate more time to philanthropy. He divided his responsibilities between two successors, placing Ray Ozzie in charge of day-today management and Craig Mundie in charge of long-term product strategy.

Recognition In 1987, Gates was listed as a billionaire in the pages of Forbes' 400 Richest People in America issue, just days before his 32nd birthday. As the world's youngest self-made billionaire, he was worth $1.25 billion, over $900 million more than he'd been worth the year before, when he'd debuted on the list. Time magazine named Gates one of the 100 people who most influenced the 20th century, as well as one of the 100 most influential people of 2004, 2005, and 2006. Time also collectively named Gates, his wife Melinda and U2's lead singer Bono as the 2005 Persons of the Year for their humanitarian efforts. In 2006, he was voted eighth in the list of "Heroes of our time". Gates was listed in the Sunday Times power list in 1999, named CEO of the year by Chief Executive Officers magazine in 1994, ranked number one in the "Top 50 Cyber Elite" by Time in 1998, ranked number two in the Upside Elite 100 in 1999 and was included in The Guardian as one of the "Top 100 influential people in media" in 2001. In 1994, he was honored as the twentieth Distinguished Fellow of the British Computer Society. Gates has received honorary doctorates from Nye rode Business Universities , Breakeven, The Netherlands, in 2000; the Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda University, Tokyo, Japan, in 2005; Tsinghua University, Beijing, China, in April 2007; Harvard University in June

2007; the Karolinska Instituted, Stockholm, in January 2008, and Cambridge University in June 2009. He was also made an honorary trustee of Peking University in 2007. Gates was also made an honorary Knight Commander of the Order of the British Empire (KBE) by Queen Elizabeth II in 2005, in addition to having entomologists name the Bill Gates flower fly, Eristalis gatesi, in his honor. In November 2006, he and his wife were awarded the Order of the Aztec Eagle for their philanthropic work around the world in the areas of health and education, particularly in Mexico, and specifically in the program "Un pas de lectores". In October 2009, it was announced that Gates will be awarded the 2010 Bower Award for Business Leadership of The Franklin Institute for his achievements in business and for his philanthropic work. In 2010 he was honored with the Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for his service to youth. In 2011, Bill Gates was ranked as the fifth most powerful person in the world, according to rankings by Forbes magazine.

BILL GATES AS AN AUTHOR To date, Bill Gates has authored two books. The Road Ahead, written with Microsoft executive Nathan Myhrvold and journalist Peter Rinearson, was published in November 1995, and it summarized the implications of the personal computing revolution and described a future profoundly changed by the arrival of a global information superhighway. Thought was published in 1999, and discusses how business and technology are integrated, and shows how digital infrastructures and information networks can help getting an edge on the competition. Gates has appeared in a number of documentaries; including the 2010 documentary film Superman, and the BBC documentary series The Virtual Revolution.

Gates was prominently featured in Pirates of Silicon Valley, a 1999 film which chronicles the rise of Apple and Microsoft from the early 1970s to 1997. He was portrayed by Anthony Michael Hall.

BILL GATES AS A PHILANTHROPIST Gates began to appreciate the expectations others had of him when public opinion mounted suggesting that he could give more of his wealth to charity. Gates studied the work of Andrew Carnegie and John D. Rockefeller, and in 1994 sold some of his Microsoft stock to create the William H. Gates Foundation. In 2000, Gates and his wife combined three family foundations into one to create the charitable Bill & Melinda Gates Foundation, which is the largest transparently operated charitable foundation in the world. The foundation allows benefactors access to information regarding how its money is being spent, unlike other major charitable organizations such as the Welcome Trust. The generosity and extensive philanthropy of David Rockefeller has been credited as a major influence. Gates and his father met with Rockefeller several times, and model their giving in part on the Rockefeller family's philanthropic focus, namely those global problems that are ignored by governments and other organizations. As of 2007, Bill and Melinda Gates were the second-most generous philanthropists in America, having given over $28 billion to charity. They plan to eventually give 95% of their wealth to charity. The foundation was at the same time criticized because it invests assets that it has not yet distributed with the exclusive goal of maximizing return on investment. As a result, its investments include companies that have been charged with worsening poverty in the same developing countries where the Foundation is attempting to relieve poverty. These include companies that pollute heavily, and pharmaceutical companies that do not sell into the developing world. In response to press criticism, the foundation announced in 2007 a review of its investments, to assess social responsibility. It subsequently cancels the review and stood by its policy of investing for maximum return, while using voting

rights to influence company practices. The Gates Millennium Scholars program has been criticized for its exclusion of Caucasian students. Gates wife urged people to learn a lesson from the philanthropic efforts of the Salwen family, which had sold its home and given away half of its value, as detailed in The Power of Half. Gates and his wife invited Joan Salwen to Seattle to speak about what the family had done, and on December 9, 2010, Gates, investor Warren Buffett, and Mark Zuckerberg (Face books CEO) signed a promise they called the "Gates-Buffet Giving Pledge", in which they promised to donate to charity at least half of their wealth over the course of time.

SELF-MADE BILLIONAIRE A year later, Gates dropped out of Harvard, once it became clear that the possibilities for Microsoft were bright. The big break came in 1980 when an agreement was signed to provide the operating system that became known as MS-DOS, for IBM's new personal computer. In a contractual masterstroke, Microsoft was allowed to license the operating system to other manufacturers, spawning an industry of "IBM-compatible" personal computers which depended on Microsoft's operating system. That fuelled further growth, prompting the company to float in 1986, raising $61m. Now a multi-millionaire, Allen had already stepped back from the frontline. But Gates continued to play the key role in the company's growth, with his vision for networked computers proving central to Microsoft's success. However, his judgment has not always appeared flawless. While sales and profits rocketed in the early 1990s, he was seen to have misjudged on a grand scale the possibilities and growth of the internet.

CONCLUSION
Bill Gates was born on October 28, 1955 in a family having rich business, political and community service background. His great-grandfather was a state legislator and a mayor, his grandfather was vice president of national bank and his father was a lawyer. Personal Attributes Bill strongly believes in hard work. He believes that if you are intelligent and know how to apply your intelligence, you can achieve anything. From childhood Bill was ambitious, intelligent and competitive. These qualities helped him to attain top position in the profession he chose. In school, he had an excellent record in mathematics and science. He used to be really bored in school and his parents knew it, so they always tried to feed him with more information to keep him busy. Bill's parents came to know about their son's intelligence and decided to enroll him in a private school, known for its intense academic environment. It was a very important decision in Bill's life, and it was there that he was introduced to a computer. Bill Gates and his friends were very much interested in the world of programming and formed "Programmers Group" in late 1968. Being in this group, they found a new way to apply their skills in university of Washington. In the next year, they got their first opportunity in Information Sciences Inc. in which they were selected as programmers. ISI (Information Sciences Inc.) agreed to give them royalties whenever it made money from any of the group's program. As a result of the business deal signed with Information Sciences Inc., the group also became a legal business. Bill and his close friend Allen started new company of their own, Traf-O-Data. They developed a small computer to measure traffic flow. From this project they earned around $20,000. The era of Traf-O-Data came to an end when Bill left the college. In 1973, he left home for Harvard University. He didn't know what to do, so he enrolled his name for pre-law. He took the standard freshman courses with the exception of signing up for one of Harvard's toughest mathematics courses.

He did well there, but he couldn't find it interesting. He spent many long nights in front of the school's computer and the next day asleep in class. After leaving school, he almost lost himself from the world of computers. Bill and his friend Paul Allen remained in close contact even though they were away from school. They would often discuss new ideas for future projects and the possibility of starting a business one day. At the end of Bill's first year, Allen came close to him so that they could follow some of their ideas. That summer they got job in Honeywell. Allen kept on pushing Bill for opening a new software company. The Successful Entrepreneur and Philanthropist Within a year, Bill dropped out from Harvard. Then he formed Microsoft. Bill is a visionary person and works very hard to achieve his vision. His belief in high intelligence and hard work has put him where he is today. He does not believe in mere luck or God's grace, but just hard work and competitiveness. Microsoft is good competition for other software companies and he will continue to stomp out the competition until he dies. He likes to play the game of risk and world domination. His beliefs are so powerful, which have helped him increase his wealth and his monopoly in the industry. Bill married Melinda French in 1994 and they have three children. It was with Melinda's constant support that Bill accomplished his long-cherished dream of starting a foundation aimed at helping the poor and the needy. Together they started the Bill and Melinda Gates Foundation, and it has been endowed with more than $35 billion. Some years ago, he visited Chicago's Einstein Elementary School and announced grants benefiting Chicago's schools and museums and donated a total of $110,000, a bunch of computers, and provided Internet connectivity to number of schools. Secondly, Bill Gates donated 38 million dollars for the building of a computer institute at Stanford University. Gates plans to give away 95% of all his earnings when he is old and grey.

Bibliography
The project Entrepreneurship management-BILL GATES is made with the help of thee following supportive references their detail is as follow:Internet Explorer : www.google.com http://en.wikipedia.org/wiki/Bill_Gates www.yahoo.com www.education.com Books : Book of entrepreneurship management. Other Sources : Prof. Anubhuti