How Did Bill Gates Use The Free Enterprise System
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Microsoft,Microsoft thrived by giving the people what they neeed at a lower price. This helped Gates because he made the people sastified and they got what they needed and in return he gained more interest from other companies. As he begin to grow in his career he gained interest from other companies like Walmart,UPS, and Apple. Bill
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Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s. How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.
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Andrew Carnegie, one of the best businessmen in all of american history. Most consider Carnegie as a robber baron but I disagree. I say that Andrew Carnegie was in the place of a captain of industry. Carnegie was a captain of industry because he was the world's richest business man that came from a poor shoemaker house in scotland and once he sold away his massive company he turned to the people and became a philanthropists.
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This helped the common people because this meant that if they were treated unfair that the big businesses would have to pay a square deal. Secondly,
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He could have easily just said I am tired of having to get up at night or I do not feel like working on a program for someone else, but he did not. He keep looking for other computer labs and other things to work on. He had to put in lots of hours, and he did not do it for the money because back then the only payment he would get is some free computer time. His passion is what made him successful. His no quit attitude and dream to make his own computers are why Bill Gates is a
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Gladwell mentions: “It as a story of how the outliers in a particular field reached their lofty status through a combination of ability, opportunity, and utterly arbitrary advantage” (Gladwell, 2008). On the story of Bill Gates, Gladwell points how much programming background and the opportunities he faced before dropping college at his sophomore year and later becoming one of the most successful men in the world by developing personal computers. Bill Gates was born in 1955. He came from a wealthy family. He was going to Lakeside school, where they happened to have a
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Although Gates grew up in a privileged home, he had to climb his way up the success ladder. He began with simple computer programing interests but these interests would lead him down a path of working hard and earnestly to perfect the software that would become revolutionary and lead to the success of Gates becoming one of the richest men in the world. However, he did not become a man consumed by the vanity. Immediately, he worked to fund associations that encouraged causes such as education, world health, and low income neighborhoods (Biography of Bill Gates). At first he funded these associations separately but he later combined them to make the Bill and Melinda Gates Foundation.
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He quickly had a monopoly, or complete control over a specific industry, over the steel industry and the richest man in the United States. He would often donate money he saw as surplus to help the community; such as building libraries, universities, and institutes. He kept finding ways to give his money away until his death, and even now his still operating corporation is one of the largest in the world.
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Bill Gates was a wealthy man who might have been greedy and only in for the money. He was also a generous man who employed a lot of people and donated $40 million. Most revered critics believe that Cornelius Vanderbilt was a Robber Baron. For example, he was never known to engage in philanthropic activities
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Today transportation has never been easier with the invention of the car or automobile. These 3000-4000 pounds of metal is the main methods of transportation for America. Whether it be by taxi, bus, or even by your own car you bought yourself going to your destination. However, none of this would be possible if it was not for Henry Ford in a free enterprise system. The free enterprise system allowed Henry Ford to create a product that allowed all of the lower class and upper class to afford an automobile.
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Henry Ford was an entrepreneur who founded the Ford Motor Company in June of 1903 and grew it into a very successful business. He achieved this through free enterprise, an economic system which places few restrictions on business activities and ownership. This system allowed Ford to begin his company without restrictions from the government either preventing him from establishing it or from limiting his success. It not only helped Ford to achieve his goals in business, but it has also helped many other entrepreneurs as well. The free enterprise system has been a necessary component in allowing people, such as Henry Ford, to start, grow, and own their own businesses.
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At a young age he developed interest in entrepreneurship, he later found out that he loved bookkeeping, and became an assistant bookkeeper at the age of 16. At age 20, he started a business with a partner dealing in wholesale foods. His next business venture was an oil refinery, the need for crude oil grew during the period as whale oil became more scarce and expensive. This was the beginning of his journey that would eventually make him the world richest man. He is the founder of
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At Apple, Steve Jobs was firmly believed that it is essential to encourage the employees and make them show the best. He always reminded employees that Apple is a good company, it was a honor to become one of the number of this company. It was to make them understand that everyone was noticed. This led employees to believe in their abilities, know their talents so that they could show the best in the
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Introduction Whenever someone argues that college dropouts are incapable of achieving anything in life, bring up Bill Gates’s name. Bill Gates, a Harvard dropout, is one of the richest men in the United States due to the gargantuan success of a business he started with Paul Allen, which is known as Microsoft (Bill Gates Biography.com, 2017). Nobody can deny that Bill Gates has had a massive impact on the technological world. However, in this essay, we study the leadership qualities that made Bill Gates one of the most successful people in the entire world.
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The success of Bill Gates depends not only on his effort, but also
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