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Interesting point.... but....
I don't think that Bill Gates's business is "reproducible."
Some incredibly good luck, along with some skill, combined to give him an effective monopoly. When you have a monopoly in something that people need (like he does), then you can effectively dictate what you're going to do. However, very few companies are in that kind of position.... I don't think it's something easy to achieve (a lot of luck is required, I would think).... That's why when I look the the billionaires, I personally prefer to study those whose histories look more "reproducible" -- people like Warren Buffett, Kirk Kerkorian, Richard Branson, and so on.... Many of these have had multiple businesses (like Kerkorian and Branson, for example).... With Bill Gates, if he lost Microsoft and all his money, I doubt he'd be able to do it again. How do you get another giant company like IBM to give you a deal with such an incredibly wide open loophole for you to exploit? And, it's been said that Gates's mother was on the board of IBM too.... How do you reproduce that? But I have no doubt that if Warren Buffett, Kirk Kerkorian, or Richard Branson lost all their money, that we'd see them back again, with great financial success once more! That's why I personally don't think Bill Gates is a very good role-model.... Better to model yourself on those who, if they lost their money, could do it again.... - Dien |
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