Enterprising Person - Bill Gates - Free Essay Example

Sample details Pages: 6 Words: 1744 Downloads: 5 Date added: 2017/06/26 Category Business Essay Type Narrative essay Level High school Did you like this example? Claim to Fame and major accomplishment: Bill Gates claim to fame is that he is one of the trailblazer. Gates was a pioneer in the development of microcomputers operating system and programming software. There are four major main accomplishments that Bill Gates has made in his carrier. Don’t waste time! Our writers will create an original "Enterprising Person Bill Gates" essay for you Create order Firstly, he became one of the wealthiest men in the world. He has built his empire from scratch and worked his way out to the success. In 1986 bill became the youngest 31st year old richest entrepreneur in the world. Secondly, Bill has been Generous Philanthropist. Bill Gates has donated billions of dollars to the Charity, World health care, Education and other stuff. Bill Gates said in an interview with Time Magazine that à ¢Ã¢â€š ¬Ã…“This is not about pity. Ità ¢Ã¢â€š ¬Ã¢â€ž ¢s more about passion. Pity sees suffering and wants to ease the pain; passion sees injustice and wants to settle the score.à ¢Ã¢â€š ¬Ã‚  Thirdly, Bill has created his own software known as Windows. Windows is the most famous operating system in the world. In his childhood, Bill learned basic programming and used to sell his programs. Lastly, most famous accomplishment Bill have dreamed and made is Microsoft Corporation. Microsoft develops, manufactures, supports and sells computer software. Today Microso ft is a home to 91,005 workers around the world. What motivated the individual to succeed? Bill Gates was introduce to computer when he attended Lakeside School in Seattle. He was motivated to learned basic programming in the school. At the age of seven, World fair in 1962 exited bill by the computer Exhibit. Bill motivates in computer started to increase. H e learned basic programming at lakeside school. Lakeside school had to pay for the computer time its student used. Bill and his friends were so influenced by technology ,that they decided to raised 3000$ which they thought will last for one year for the computer time they use but, obsessed with using computer that they spent whole yearà ¢Ã¢â€š ¬Ã¢â€ž ¢s budget in few weeks. At the age of 15 Bill and his friend Paul interest brought them to create a program name Traf-O-Data which senses the traffic control in the area. Bill and his friend motivation soon formed Lakeside programmers club. They developed payroll system for t he business and private compute classes. Bill was talking to his friend and said à ¢Ã¢â€š ¬Ã…“donà ¢Ã¢â€š ¬Ã¢â€ž ¢t you think that someday everybody will have one of this things? And if they did, couldnà ¢Ã¢â€š ¬Ã¢â€ž ¢t you deliver magazines and newspaper and stuff through them?à ¢Ã¢â€š ¬Ã‚  those remarkable world were predicting future of 20th century. His love, attitude and influence open the gated to the Harvard for Programming. A Magazine add brought Bill to see new opportunity in New Mexico to develop an interpreter of the BASIC programming language for the new Altai microcomputer and, he dropped out from Harvard. This opportunity gave birth to Microsoft. Microsoft first mission was to design and build an operating system for IBM. They named it Windows. Soon Microsoft and their fellow workers started to design operating system for other companies as well. Bill interest and opportunity open the door to the success. Throughout life bill was motivated by many things. De scribe the business or economic environment that influenced the entrepreneur (trends, consumer demand, needs, technology, demographics, and competition) In 1962, Bill was influenced by the world fair that was held in his town. The fair talked about sending seven astronauts to the space. IBM explained how technology could help calculate the satellite and flight paths. The fair also talked about the computers being slow and what theyà ¢Ã¢â€š ¬Ã¢â€ž ¢re looking forward to do. Bases of Large screen television and other home appliance were taking place. New ideas building new technology were in demand. Bill passion and the touch of technology influenced him to move to create something in field of tech. While growing up United States was facing many problems. One of the challenges was facing cold war. Government spent billions of dollars in space, defense industry, and computer and networking technology. Rocket and new weapon scientific discoveries in many technological and military f ields was in need. The economy during the Cold War period was doing well for the bulk of it. The 70s saw a downturn, but things picked back up in the 1980s. At the start of the Cold War, the unemployment rate was below 4%. Competition of buildup of nuclear-powered submarines by both sides illustrates a key component. Thousand of computers were sold in early 80s. What roadblocks have they encountered and how were they overcome? Bill Gates has faced much challenge throughout his currier. One of the major problems was convincing his parents to start his own business after dropping out from university. At first his parents were not happy about it and it took almost one year to get convince them. Billà ¢Ã¢â€š ¬Ã¢â€ž ¢s elementary school did not had money to rent the computer time for very long and he and his friend started fundraisers to help the school to provide them with more computer time. During his school years he hacked into the security system of the computer center corporation. Gates was banned from using computer for some week, when the band was over the CCC was still have difficulties, Bill and his friends solved the problem and the got free computer time for few days. In his early days Bill was a gambler he loved playing card and one day his dad said gambling is waste of time, and for his enjoyment he design games like Tic-Tac-Toe. In 1982 Visicorp design mouse-driven computer system with a user interface based on graphics rather than the keyboard-based and text-driven system of MS-DOS. Bills announcement was a bluff Microsoft was no near to developing new software. Microsoft started losing money. In few week Microsoft advertizes that windows is updating, so the people who were going to buy new computer waited for the new windows to come rather than spending money on a new computer. Describe and provide an example of the individuals attitude toward their work and life: In Bill childhood school mates and friends use to call him à ¢Ã¢â€š ¬Ã…“nardà ¢Ã¢â€š ¬Ã‚  because, all day he use to sit on computer for hours. Bill was all ways confident toward his work and decision. He never looks back upon his decision. He dropped out from university not worrying about job; or what is going to happen if he didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t graduate. Bill was all ways focused on his work, he all ways kept himself updated in field of technology. He did want to create competition; he just w anted to make his own product. He knew what he was doing he was just waiting for opportunity and that opportunity came in form of magazine add. Bill was creative; he made a club and opened his own business classes for people to learn. Billà ¢Ã¢â€š ¬Ã¢â€ž ¢s Emotional intelligence brought him to come up with new challenge almost every day. He is one of the well-known examples of Optimism. He donates his money towards uplifting the society. Bill didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t work for money, he all ways wanted to learn thinks about new technology. Bill was curious toward his profession. His attitude managed to learn a lot about microprocessors and related fields in his young days such that he was able to develop software to operate. He respects his fellow workers. According to him no employee is below him as they all have a right to voice their opinions and ideas. Bill interest and his love for passion made his achieve his confident resolution. Describe and provide examples of 3 Entrepre neurial characteristics: Bill Gates showed many character traits. Bill was ambitious,intelligentandcompetitive. Bill Gates was very smart. He was accepted in the University of Harvard. Harvard named him a nation scholar. He skipped some of the easy courses and rarely showed up for class and worked feverishly in the end. He had a photographic memory. He cared more about computers then His appearance. He used to talk in binary languages. Bill gates had lot of courage toward his work. He never gave up even when he was about to lose a lot of profit from Microsoft but Bill Gates went to court and won against IBM. Bill Gates is a very Philanthropist, whenever Bill Gates donates money he feels like he just saved someone life and he just loves the feeling of that, he also thinks that the money is going toward someone who does not have enough money to learn. He has a very energetic and passionate, his broad vision since the first day he found out about his future work with computer, Bill has dreamed about having a personal computer in every desk andMicrosoft softwarefor each and every computer. He took lots of rick to work with MITS. He said à ¢Ã¢â€š ¬Ã…“if you are intelligent and know how to apply ourintelligence,youcanachieveanything.à ¢Ã¢â€š ¬Ã‚  He uses to skip meals, works with fair pace around the clock, Used Heaved computer with anyone permission. There are many more characteristic that Bill Gates has. Describe and provide examples of 3 Entrepreneurial Skills: Bill Gates had lots skills. One the skill that he has and made him become successful toward his work was writing programs in very short period of time. Time is money as we say everyday but, bill worked day and night to meet the deadline. He rarely slept and eat meals. His rooms were full of pizza crust. Bill had really good managing skills. After building Microsoft his company started design game, Networking sites and many more things. Bill stated investing his money into space and other intu ited of technology. Bill hacked many computers. He mind was on the screen solving problems. Bill had really good communication skills. He expressed his ideas very well and became a business man, where you need communication to get work orders and maintain relationship with clients. Write your own research question and answer related to Entrepreneurship curriculum: The coming century is said to be the information communications revolution era. How will Microsoft be involved in this era? What will the role of Microsoft be? APA Bibliography: (Must include at least one book and two other sources) Lee, L. (2002).Bill Gates. Milwaukee, WI: World Almanac Library. Musolf, N. (2009).The story of Microsoft. Mankato, Minn.: Creative Education. Nathan Rubelman.(December 14, 2012). Bill Gates Microsoft. February 9, 2014, from https://billgatesmicrosoftguy.blogspot.ca/2012/12/5-greatest-accomplishments.html (October 7, 2008). Bill Gates. February 9, 2014, from https://www.entrepreneur.com/article/197526 Dhananjay Kumar. (n.d). Leadership Style of Bill Gates. February 9, 2014, from https://www.scribd.com/doc/16315025/Leadership-Style-of-Billgates https://www.referenceforbusiness.com/biography/F-L/Gates-Bill-1955.html

Local Government Fiscal Sustainability As A Common Pool...

Local Government Fiscal Sustainability as a Common-Pool Resource Problem According to our text, people perceive government as a tool to maximize their own self-interest in the political economy model (Rosen Gayer, 2014, p. 108). This commonly takes the form of public service programs, which is why fiscal sustainability is an essential factor in government operations, especially on the local level. It has turned out to be an immense challenge on every level due to fluctuating operating deficits, tax revenues, and demographics. These issues are similar to the tragedy of the commons, which occurs when several people try to obtain the largest profit from a common resource. As demand surpasses the supply of the resource, those who seek personal gain disregard society’s well-being and other people are not able to experience the benefits (â€Å"Tragedy of the Commons†). The larger problem is that public expenditures are paid for by mostly everyone within a single jurisdiction , yet the benefits from government expenditures are focused on certain groups. This leads to each group craving a greater portion of the common revenue pool, however, if every group tries to increase their share then it would result in unnecessary public spending or economic crisis. This study by Tang, Callahan, and Pisano (2014) examines fiscal sustainability within local governments as a common-pool resource (CPR) problem by considering the political economy of monetary institutions, applying sixShow MoreRelatedPrivate Goods vs. Public Goods1528 Words   |  6 Pagesa private good is both rival and excludable. An individual owns their good, not everyone can own the same good (rival), and each individual can exclude others from using that good (excludable). 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The Financial Crisis of 2008 Free Essays

This paper explores the factors, which caused the recent financial crisis of 2008. Furthermore this paper will explain how the Federal Reserve’s (Fed) monetary policies and the Federal Government’s fiscal policies are crucial in limiting and perhaps eliminating future catastrophes. The Financial Crisis of 2008 Factors and Prevention The financial crisis of 2008 is widely considered the worst financial crisis, since the Great Depression (Pendrey, 2009). We will write a custom essay sample on The Financial Crisis of 2008 or any similar topic only for you Order Now The repercussions of the crisis were mind-boggling, and unfortunately for many, it was life altering. Families lost their houses, their jobs, and in many cases, they lost their entire life savings. Furthermore, neither businesses nor banks escaped the massacre. The financial crisis not only devastated the United States, it also had far reaching worldwide consequences. The global economy suffered, as a result of what was happening here. The devastation was so severe, that the economy has yet to fully recover. To make matters even more frustrating, Sewell Chan of the New York Times explained, â€Å"The 2008 financial crisis was an â€Å"avoidable† disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street†¦Ã¢â‚¬  (2011). This paper will attempt to discuss the factors, which led to the crisis, and perhaps more importantly, attempt to provide courses of action, which would prevent similar incidents in the future. Discussion In the years that led up to the financial crisis, seemingly everyone who could fog a mirror could get a home loan. These loans were often much more than the borrower could ever possibly afford to pay back. The government commission, which investigated the crisis, believes one of the main factors causing the financial crisis was the Federal Reserve’s and other regulators  failure to recognize the poisonous combination of careless mortgage loans, in addition to the packaging and sale of loans to investors and risky bets on securities backed by the subprime loans (Chan, 2011). The previous statements are best summarized, when Leon Hadar, a research fellow in foreign policy studies, opines in his Cato Institute commentary, â€Å"The housing boom and bust that precipitated the crisis were facilitated by extremely loose monetary policy.† (2009). Faulty monetary policies are not alone in the blame, however. The Federal Government’s shoddy fiscal policy also played a role. The Gramm-Leach-Bliley Act, also known as the Financial Modernization Act of 1999, repealed the injunction on the collaboration between investment and commercial banking established by the New Deal-era Glass-Steagall Act’s of 1932 and 1933. According to Hadar, this policy also proved dreadful. He states the Act, â€Å"†¦caused the crisis by clearing the way for investment and commercial banks to merge, and thus giving investment banks the incentive to take greater risks, while reducing the amount of equity they are required to hold against any given dollar of assets.† (2009). Not surprisingly, the incompetency and, in some cases, illegal actions of corporate management, in addition to Wall Street’s propensity to risk, also contributed to the 2008 financial meltdown. The US government’s official report, on the financial crisis, concluded, â€Å"several financial industry figures may have broken the law in the run-up to the crisis.† (Rushe, 2011). Furthermore, risk taking is an every day occurrence with Wall Street. Charles Ferguson pulls no punches with respect to Wall Street’s share of the blame, in an online article. The article titled â€Å"Heist of the century: Wall Street’s roll in the financial crisis† orates, â€Å"It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident.† (2012). Solution With the previous factors given, one might wonder how to prevent another  financial crisis from occurring. Costas Markides provides a very reasonable thesis in my opinion. In a Bloomberg.com blog, which addresses actions needed to avoid the next predicament, Markides contemplates, â€Å"If you want to change how people behave, don’t tell them. Instead, change the underlying environment that produced their â€Å"bad† behavior in the first place.† (2012). In other words, it is human nature to demand punishment and thereby obtaining a sense of instant gratification. To prevent future financial calamities, however, it is wise to address the underlying causes and understand what went wrong. Although there can never be a hundred percent solution to managing the national economy to such an extent that there will never be another crisis, the needed adjustments seem to lay at the feet of the Federal Reserve’s monetary policy and the Federal Government’s fiscal policy. The Fed addressed one major cause of the financial crisis by implementing much needed regulations regarding mortgage loans and requiring proof of borrowers ability to pay the loan back (Warner, 2013). The Government, on the other hand, initiated mass government spending in order to stimulate the economy. Both the Fed and the Federal Government need to tighten regulations, but perhaps more importantly, they need to act more quickly and decisively to limit, or even more optimistically, prevent the next financial crisis. Mark Thoma of CBS best summarized this point by stating, â€Å"This disaster could have been prevented by a strong regulatory response, but the belief that markets would self-regulate†¦ led to a regulatory hands-off approach†¦ The hands-off regulatory approach was a mistake.† (2009). Summary In summary, it is clear that the financial crisis of 2008 was caused by errant monetary and fiscal policies. Furthermore, there was a delayed reaction by both the Fed and the Federal Government, which was caused by a hands-off regulatory approach. In the future, the Fed and the Federal Government need to act more decisively and promptly to better steer the economy away from a downward trending economy. Both the monetary and fiscal policies are vital to the ongoing recovery and future growth of the country’s economy. How to cite The Financial Crisis of 2008, Papers

Republican Party Essay Example For Students

Republican Party Essay REPUBLICAN PARTYThe Republican party is one of the two major POLITICAL PARTIES in the United States, the other being the DEMOCRATIC PARTY party. It is popularly known as the GOP, from its earlier nickname Grand Old Party. From the time it ran its first PRESIDENTIAL candidate, John C. Fremont, in 1856, until the inauguration of Republican George BUSH in 1989, Republican presidents occupied the WHITE HOUSE for 80 years. Traditionally, Republican strength came primarily from New England and the Midwest. After World War II, however, it greatly increased in the Sunbelt states and the West. Generally speaking, after World War I the Republican party became the more conservative of the two major parties, with its support coming from the upper middle class and from the corporate, financial, and farming interests. It has taken political stances generally in favor of laissez- faire, free enterprise, and fiscal responsibility (at least until 1981) and against the welfare state. The Founding of the PartyScholars agree that the origins of the party grew out of the sectional conflicts regarding the expansion of slavery into the new Western territories. The stimulus for political realignment was provided by the passage of the Kansas-Nebraska Act of 1854. That law repealed earlier compromises that had excluded slavery from the territories. The passage of this act served as the unifying agent for abolitionists and split the Democrats and the WHIG party. Anti-Nebraska protest meetings spread rapidly through the country. Two such meetings were held in Ripon, Wis., on Feb. 28 and Mar. 20, 1854, and were attended by a group of abolitionist FREE SOILERS, Democrats, and Whigs. They decided to call themselves Republicansbecause they professed to be political descendants of Thomas JEFFERSONs Democratic- Republican party. The name was formally adopted by a state convention held in Jackson, Mich., on July 6, 1854. The new party was a success from the beginning. In the 1854 congressional elections 44 Republicans were elected as a part of the anti-Nebraskan majority in the HOUSE OF REPRESENTATIVES, and several Republicans were elected to the SENATE and to various state houses. In 1856, at the first Republican national convention, Sen. John C. Fremont was nominated for the presidency but was defeated by Democrat James BUCHANAN. During the campaign the northern wing of the KNOW-NOTHING PARTY split off and endorsed the Republican ticket, making the Republicans the principal antislavery party. Two days after the inauguration of James Buchanan, the Supreme Court handed down the Dred Scott v. Sandford decision, which increased sectional dissension and was denounced by the Republicans. At this time the nation was also gripped by economic chaos. Business blamed tariff reductions, and Republican leaders called for greater tariff protection. The split in the Democratic party over the issue of slavery continued, and in 1858 the Republicans won control of the House of Representatives for the first time. One Republican who failed that year was Abraham LINCOLN, defeated in his bid for a U.S. Senate seat by Stephen A. Douglas. Lincoln, the Civil War, and ReconstructionAt the second Republican national convention, in 1860, a hard- fought contest resulted in the presidential nomination of Abraham Lincoln. The Republican platform specifically pledged not to extend slavery and called for enactment of free- homestead legislation, prompt establishment of a daily overland mail service, a transcontinental railroad, and support of the protective tariff. Lincoln was opposed by three major candidatesDouglas (Northern Democrat), John Cabell BRECKINRIDGE (Southern Democrat), and John Bell (Constitutional Union party). Lincoln collected almost half a million votes more than Douglas, his nearest competitor, but he won the election with only 39.8 percent of the popular vote. .u1c41709b60b9194f5dcee196fe737f90 , .u1c41709b60b9194f5dcee196fe737f90 .postImageUrl , .u1c41709b60b9194f5dcee196fe737f90 .centered-text-area { min-height: 80px; position: relative; } .u1c41709b60b9194f5dcee196fe737f90 , .u1c41709b60b9194f5dcee196fe737f90:hover , .u1c41709b60b9194f5dcee196fe737f90:visited , .u1c41709b60b9194f5dcee196fe737f90:active { border:0!important; } .u1c41709b60b9194f5dcee196fe737f90 .clearfix:after { content: ""; display: table; clear: both; } .u1c41709b60b9194f5dcee196fe737f90 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1c41709b60b9194f5dcee196fe737f90:active , .u1c41709b60b9194f5dcee196fe737f90:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1c41709b60b9194f5dcee196fe737f90 .centered-text-area { width: 100%; position: relative ; } .u1c41709b60b9194f5dcee196fe737f90 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1c41709b60b9194f5dcee196fe737f90 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1c41709b60b9194f5dcee196fe737f90 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1c41709b60b9194f5dcee196fe737f90:hover .ctaButton { background-color: #34495E!important; } .u1c41709b60b9194f5dcee196fe737f90 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1c41709b60b9194f5dcee196fe737f90 .u1c41709b60b9194f5dcee196fe737f90-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1c41709b60b9194f5dcee196fe737f90:after { content: ""; display: block; clear: both; } READ: Meiosis Vs. Meitosis EssayShortly thereafter, the Civil War began. Reverses on the battlefield, disaffection over the draft and taxes, and the failures of army leadership brought Lincoln and the Republicans into the 1864 election with small hope for victory. Party leaders saw the need to broaden the base of the party, and accordingly, they adopted the name National Union party. Andrew JOHNSON of Tennessee, a War Democrat, was nominated as Lincolns running mate. Significant military victories intervened before election day and contributed to Lincolns overwhelming reelection. After Lincolns assassination the Radical Republicans, led by Sen. Charles Sumner and Rep. Thaddeus S tevens, fought President Johnsons moderate Reconstruction policies. Ultimately,