Bill Gates became a billionaire in 1987 at the age of 31 and the richest man in the world at the age of 39. Bill Gates has since remained one of the richest people in the world. Kind of him, he has given various advice to young people over the years on how they can become rich and successful.
Number seven is my favorite advice and I need you to see it. Try to read till the end and if you’re new here consider subscribing to my newsletter to stay updated.
Don’t Compare Yourself with Anyone | Bill Gates Advice 1
If you compare yourself to others, you are insulting yourself. Abraham Lincoln once wrote to the teacher of his child to make a request. It was a simple one. Teach him that nobody in the world is bigger than him and he’s bigger than no one. Unfortunately, most young people in our world today live their lives comparing themselves to every other person and end up trying to be everyone. That’s the path to unhappiness and failure in life. Listen you are a unique being who’s not designed to be good in everything but in something unique. Your life’s mission isn’t to beat other people in their games. Your life’s mission is to know your own game. Be yourself. Know that nobody is better than you and you are better than no one. You are simply a unique being who’s capable of achieving what nobody else can.
To Win Big You Sometimes Have to Take Big Risk | Bill Gates Advice 2
The best time of your life is when you’re young because you have nothing to lose. Really nothing. Don’t take life easy. Don’t live like everyone. Don’t just talk about your dreams. Wake up and pursue it. Don’t make excuses. Start with whatever you have wherever you are. Get out and get lost.
Your Exposure from a Young Age to the Realities of the World is a Super Big Thing | Bill Gates Advice 3
Most people don’t know what life really is until they are 40. Most people live with the illusion that life should be easy. Most people expect the government or their parents to solve their problems. The earlier you understand the realities of life the most successful you’ll become. What then is the reality? Well, the reality is that life is tough and nobody will help you to solve your problems. The earlier you take hundred percent responsibility of your life the more successful you will become.
You Need a Coach | Bill Gates Advice 4
It doesn’t matter whether you’re a basketball player, a tennis player, a gymnast or a bridge player. In life you’ll become the person you admire. If you don’t admire anyone significant, you’ll be come nobody significant. You need a coach. Someone to inspire and challenge you. Someone to help you believe in yourself. Your coach doesn’t always have to be someone you have physical access to. You can decide to read books written by people who have achieved what you want to achieve. You can follow such people online and watch their inspiring videos. Why is this important? life is tough and most people around you don’t know anything about success. If your father isn’t successful, he can teach you how to be successful. If your siblings are mediocre, they can’t inspire you to be successful. That’s why you need to look outside your domain for someone who can inspire and challenge you.
If You Show People the Problems and You Show People the Solutions, they Will be Moved the Act | Bill Gates Advice 5
To be successful in life you must be able to lead people and to get them motivated towards a common goal. To motivate people to act, you have to show them what the problem is and what can be done to create a solution. As a leader don’t just give instructions. Let people know the reason why what has to be done needs to be done.
Success is a Lousy Teacher He Can Seduce You into Thinking You Can’t Lose | Bill Gates Advice 6
If you want to be successful for a long time you have to be humble. So many people have been successful for few minutes because they got to a point where they started thinking that they know all. People who are successful for a long time never stop learning because they know that they can lose if they don’t keep on learning.
I Spend A Lot of Time Reading | Bill Gates Advice 7
Even as one of the richest men in the world or over three decades, Bill Gates still remains a voracious reader because you understand that life changes every day and the only way to remain relevant is to keep on learning. In this day of social media and interesting movies, how many young people take time to read good books anymore. Yet the books you read determine the future you have.
Justice Charlie Jones said “you will be the same person in five years as you are today except for the people you meet and the books you read”
We Start Life with Many Big Dreams | Bill Gates Advice 8
“If you ask anyone pass the age of 40 what happened to all the dreams they had? they will most likely answer; life” According to a study, out of 60 people who are planning to start their own businesses right now, only one of them will ever start anything. not only business, people generally hate the Pains of taking action so much that even when they try to take action, the first failure or second send them back to their comfort zone. Most people are dreamers because dreams are sweet. You can’t be healthy for long if you only eat sweet things and dreams are sweet and everyone eats it. Action is bitter and that’s why only few people take proactive determined and persistent actions. Be among the few who get up from their dreams and get out and get crazy.
Our Success Has Really Been Based on Partnerships from The Very Beginning | Bill Gates Advice 9
The first Big success of Microsoft happened in the year 1980 when Bill Gates partnered with the IBM. Ever since, Bill Gates has always been on the lookout to whom he can partner with his passion for. Partnership was so strong that Microsoft even went to the extent of partnering with one of their biggest competitors; Apple computer. What can you learn from this? Take this popular African proverb; “Two heads are better that one” as the lesson. You’ll grow and succeed faster in life if you learn how to work with other people.
Your Most Unhappy Customers Are Your Greatest Source of Learning | Bill Gates Advice 10
This explains itself. your unhappy clients or customers give you feedback about what needs to be corrected in your products or services.
In summary if you want to be rich and successful in life don’t compare yourself with anyone. Never allow your dreams to die. Be strong and take risk. Be humble, read good books and learn how to work and partner with other people.
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