12 Great Entrepreneurial Advises That You Won't Take


2. Bill Gates

Chairman of Microsoft

Advice: Find very smart people and create small teams.

Considered as the ultimate geek of the era of computers, Gates had this peculiar concept of keeping exclusivity a key factor while making teams. He believed in implementing fine sieve while selecting developers or deciding who is to be allowed to write codes. Another theory that Gates has about running a successful enterprise is to keep close with the people you trust and share all your ideas and visualizations with them. He always shared his thoughts and findings with co-founder Paul Allen and one of the oldest employees and now CEO of Microsoft Steve Ballmer.

3. Fred Smith

CEO of FedEx

Advice: Rely on first level managers.

Having served two terms in the Marine Corps, Smiths experience in the US Military holds a lot of importance in his entrepreneurial life. He believes that relying on the first level manager’s work and praising them in public for a job well done does the work of keeping the spirit of the company high.