For more than 30-years, Bill Gates has been at the pinnacle of the software industry. Like Steve Jobs, Michael Dell and Larry Ellison, he is one of the few startup Founders who remained at the helm of their respective companies throughout their entire maturation process.
In addition, like Steve, Michael and Larry, Mr. Gates also failed to graduate from college. I explore this peculiar entrepreneurial career path in further detail in THIS entry.
1. Great Startup Ideas Come From Everywhere
“At Microsoft there are lots of brilliant ideas but the image is that they all come from the top – I’m afraid that’s not quite right.” [Tweet this quote]
Much like political leaders, corporate executives are often given too much credit, as well as too much blame. Effective startup leaders allow ideas to percolate from within their company, rather than attempting to monopolize the ideation process. They also internalize their professional failures while externalizing their team’s successes.