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Submission + - Why You Shouldn't Imitate Bill Gates If You Want To Be Rich (bbc.com) 1

dryriver writes: BBC Capital has an article that debunks the idea of "simply doing what highly successful people have done to get rich", because many of those "outliers" got rich under special circumstances that are not possible to replicate. An excerpt: "Even if you could imitate everything Gates did, you would not be able to replicate his initial good fortune. For example, Gates’s upper-class background and private education enabled him to gain extra programming experience when less than 0.01% of his generation then had access to computers. His mother’s social connection with IBM’s chairman enabled him to gain a contract from the then-leading PC company that was crucial for establishing his software empire. This is important because most customers who used IBM computers were forced to learn how to use Microsoft’s software that came along with it. This created an inertia in Microsoft’s favour. The next software these customers chose was more likely to be Microsoft’s, not because their software was necessarily the best, but because most people were too busy to learn how to use anything else. Microsoft’s success and market share may differ from the rest by several orders of magnitude but the difference was really enabled by Gate’s early fortune, reinforced by a strong success-breeds-success dynamic."
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Why You Shouldn't Imitate Bill Gates If You Want To Be Rich

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