Monday, March 27, 2017

Yesterday I just did Video 0059 "Microsoft Part1: 4 Billionaires and the founding of Microsoft"

This is the URL

https://www.youtube.com/watch?v=F1DwodVWcu0

Almost everyone knows the founders of Microsoft are  Bill Gates and Paul Allen


Less known is these two high school buddies bluffed their way into founding of Microsoft

It began in 1975, when Paul Allen spotted an add on the new Altair 8800 PC, which he immediately understood to be the dawn of the PC age.

This is the Ad




Gates and Allen then contacted Ed Morris, owner of the company MIS than manufactured the Altair 8800




Ed Morris asked Gates and Allen if they had the software.  They answered YES.

In reality, they never had the software.  So Gates and Allen were just bluffing.

Now, Gates and Allen would work feverishly on the software they promised Ed Morris in the dormitory of Harvard University.





In 1980, as employee Number 30,  Steve Balmer was hired as the first business manager of Microsoft by Bill Gates



Now we have the third famous billionaires of Microsoft:  Steve Balmer,

The fourth Microsoft billionaires is Charles Simoyni, the Hungary immigrant who earned his PhD in Computer Science from Stanford University while working for Parc Xerox (the famous lab that created the mouse, GUI and object oriented programming etc)




This is picture of Charles Simonyi and Bill Gates in 1981


Charles Simonyi would develop the 2 Cash Cows of Microsoft :  MS Excel and MS Words





Overall, Microsoft has been great for its employees, besides the 4 billionaires just mentioned, Microsoft also created 12,000 millionaires out of its employees. 


 

Wednesday, March 1, 2017

Award 001   Runaway Kids Self-made Billionaires (3 co-winners)


Here is the link
https://www.youtube.com/watch?v=kcKldy4id-k

We have here 3 co-winners
1.   Benjamin Franklin (1706 to 1793)
        Runway kid at age 17,  from Boston to Philadelphia
        Ben Franklin had very little formal education.  He had one year of schooling.



         Ben Franklin became First US Self-made Billionaire

2.  Jesse Livermore
          Runaway kid at age 14,  from Shrewsberry, Massachusetts to Boston, Massachusetts

          Jesse Livermore became the top trader in Wall Street for 30 years, from 1900 to 1929.
          He was a math wizard.  But his father forced him to grow potato instead.
          He ran away from home to escape a life of farming



3.  Chung Ju-Yung  (1915 to 2001)
          He tried to run away from home.  The first time he failed.  The second time he also failed.  The third time, he stole his father's cow, sold the cow, bought a train ticket to Seoul and he never returned.

          One of the greatest entrepreneurs of all time.  At one time, his net worth was 16% the GDP of South Korea.  In relative terms, he was easily 10 times richer than Bill Gates.

           He founded Hyundai, which became #1 in the world in shipbuilding and #6 in automobile.