Best Management Summary 2022

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Management

Executive summary
In the recent time, it is found that entrepreneur is required to go through several phase in
order to grow effectively and build its name in the market. Bill Gates is proved to be the most
significant entrepreneur whose story is inspiring. Bill Gates has given the biggest example in
the history of success and innovation by its work. In the literature review, discussion has been
carried on the Bill Gates by explaining the different aspects of innovation and
entrepreneurship. Discussion has started with explaining the background of Bill Gates. In its
background part, Bill Gates as well as his family description has been given. Afterwards, the
success story of Bill Gates Company as well as its early childhood days has been discussed.
The innovative capabilities of Bill Gates has been discussed in order to get the better
understanding regarding innovation capabilities required in a success entrepreneur. A depth
review has been done on the key mind set, capabilities and actions of Bill Gates has been
done to know the innovation. The successful initiative of Bill Gates has been known by the
effective discussion. It is true that different motivators are responsible for bringing the
innovation in different aspects. At the starting of any business, entrepreneur has to come
across different challenges that present in the environment. Besides Bill Gates, several other
success entrepreneurs has also been discussed whose ideas has brought them success.

Contents
Bill Gates: chosen entrepreneur............................................................................ 1
Executive summary............................................................................................... 1
Bill Gates: chosen entrepreneur............................................................................ 3
Successful innovation and entrepreneurship journey of bill Gates........................5
Conclusion............................................................................................................. 8
References.............................................................................................................. 10

Bill Gates: chosen entrepreneur
Introduction
Entrepreneurship is the biggest form of identifying the gap presented in the market and bring
some innovative idea in order to bring something productive and improve the life of people
thereby. Several authors have identified that an entrepreneur is required to think out of the
box in order to do something productivity in the world. as compare to this, Parker (2018) has
stated entrepreneurship is also said to be the action of an entrepreneur who always tried its
best to search some new opportunities by accepting the uncertainty and risk. It has also said
entrepreneurship as the economic activity that involves the operation and creation of the
enterprise in order to create value by ensuring the proper utilisation of resources. Bennett
(2012) has come up with the certain features of entrepreneurship. It identified that the
entrepreneurship is the regular search of the new and innovative ideas. It has led out the
importance of innovation in entrepreneurship so that more effective and efficient system can
be adopted. Entrepreneurs in this way are said to be the persons who firstly able to recognise
the opportunities when others are in confusion. They therefore said to be the innovator by
bring some innovative change in the marketplace. A person can be entrepreneur when it has
the ability to bring out the deep research regarding any uncertain thing.
Bill Gates was born on 24 October in the upper middle class family. Bill Gates was more
focused on the present time. Therefore, its plan was proved to be realistic when he invented
Microsoft. This is one reason Bill Gates has earned the high amount of profit and proved to
be one of the rich man of the World. Bill Gates father William H. Gates is Seattle lawyer and
mother named Mary Gates was the school teacher in the university of Washington region. At
the young age of 13, Bill Gates started his career in the programming personal computer.
Besides this, it was also given emphasis on his vision that made him market leader in the
software industry (Wallace and Erickson, 2012).
The vision of the Bill Gates was that every household as well as business, must have
computer. As per the vision, he was able to tackle the world in similar way. as compare to
this, the vision of Steve Jobs was to bring the top most and personal computing experience
for all the users across the world. Moreover, Bill Gates made the operative system that was
sole to IMB. This vision was proved to be quite helpful for the Bill Gates. Bill Gates is an