Bill Gates Quotes About Business
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About three million computers get sold every year in China, people don't pay for the software. Someday they will, though. And as long as they're going to steal it, we want them to steal ours. They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.
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If you believe that every life has equal value, it’s revolting to learn that some lives are seen as worth saving and others are not. We said to ourselves: “This can’t be true. But if it is true, it deserves to be the priority of our giving.”
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The challenge here is to design a system where market incentives, including profits and recognition, drive those principles to do more for the poor. I like to call this idea creative capitalism, an approach where governments, businesses, and nonprofits work together to stretch the reach of market forces so that more people can make a profit, or gain recognition, doing work that eases the world's inequities.
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The Internet will help achieve "friction free capitalism" by putting buyer and seller in direct contact and providing more information to both about each other.
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It's pretty incredible to look back 30 years to when Microsoft was starting and realize how work has been transformed. We're finally getting close to what I call the digital workstyle.
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Intellectual property has the shelf life of a banana.
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Know your numbers' is a fundamental precept of business.
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We can make market forces work better for the poor if we can develop a more creative capitalism-if we can stretch the reach of market forces so that more people can make a profit, or at least make a living, serving people who are suffering from the worst inequities. ... You have more than we had; you must start sooner, and carry on longer.
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Think of business as a good game. Lots of competition and a minimum of rules. You keep score with money.
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Microsoft has had its success by doing low-cost products and constantly improving those products and we've really redefined the IT industry to be something that's about a tool for individuals.
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If you're too focused on your current business, it's hard to change and concentrate on innovating.
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The answer is simple, and harsh. The market did not reward saving the lives of these children, and governments did not subsidize it. So the children died because their mothers and their fathers had no power in the market and no voice in the system.
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Your most unhappy customers are your greatest source of learning.
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Why do people benefit in inverse proportion to their need? Well, market incentives make that happen.
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To win big, you sometimes have to take big risks.
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In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.
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This is a fantastic time to be entering the business world, because business is going to change more in the next 10 years than it has in the last 50.
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We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.
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Success is a lousy teacher. It seduces smart people into thinking they can't lose.
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I realized about 10 years ago that my wealth has to go back to society. A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them.
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Microsoft has had clear competitors in the past. It's a good thing we have museums to document that.
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The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.
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Make it just like a Mac.
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Microsoft is not about greed. It's about innovation and fairness.
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In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone.
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...one of the most inventive forms of creative capitalism involves someone we all know very well. A few years ago, I was sitting in a bar here in Davos with Bono. Late at night, after a few drinks, he was on fire, talking about how we could get a percentage of each purchase from civic-minded companies to help change the world. He kept calling people, waking them up, and handing me the phone to show me the interest.
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Great organizations demand a high level of commitment by the people involved.
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I'm quite worried about the fiscal imbalances that we've got and what that might mean in terms of financial crisis ahead.
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If you think your teacher is tough, wait till you get a boss.
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Like many others, I have deep misgivings about the state of education in the United States. Too many of our students fail to graduate from high school with the basic skills they will need to succeed in the 21st Century economy, much less prepared for the rigors of college and career. Although our top universities continue to rank among the best in the world, too few American students are pursuing degrees in science and technology. Compounding this problem is our failure to provide sufficient training for those already in the workforce.
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