1. Patience and success go hand in hand

According to Bill Gates, you have to be patient to taste the fruit of success. One cannot become a millionaire overnight. He quoted –

“you will not make $60,000 a year right out of high school.”

The same success mantra applies to life. Patience is the key to deal with the adversities of life. Patience develops better decision taking and thinking skills.

2. Start now

If you are planning to start a business or to be an entrepreneur don’t wait for the right moment to strike. Start now and indulge in it wholeheartedly. Bill Gates said that –

“This is a fantastic time to be entering the business world because business is going to change more in the next 10 years than it has in the last 50.”

Be it a business or life, the right opportunity does not strike twice. So don’t wait for tomorrow to accomplish a task and start now.

3. Be a risk lover

If you want to be a successful you can’t be risk averse. One has to accept risks to win big. Risks are the part of success and failure. On this Gates said that –

“to win big, you sometimes have to take big risks.”

Life is uncertain and so are the returns. But higher returns are followed by high risk. One has to take big risks in life to be successful.

4. Adapt to changes

Change is an eternal process. To lead a carefree and happy life one has to learn to adapt to changes in society. Bill Gates said that –

“People always fear change. People feared electricity when it was invented, didn’t they?”

Be it technological, economic, or sociological changes are always initiated for the betterment of the people and society. Society always welcomes changes. And one must learn to adapt to changes for one’s own welfare.
Otherwise, we would have been still dealing with the telegrams.

5. No profession is small.

One should not consider any profession or task below their dignity. Everything is just a matter of opportunity. Bill Gates quoted –

“Flipping burgers is not beneath your dignity. Your grandparents had a different word for burger flipping- they called it opportunity.”

Each and every profession is a matter of pride and opportunity. One should not underestimate the dignity of a task. Just focus on grabbing the opportunity at the right time.

6. Learn from your failures

You will either succeed or fail. There is no third option. Bill Gates said that –

“Its fine to celebrate success but it is more important to heed the lessons of failure.”

One should learn and experience from failures. He further added –

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”

Failures are equally important in life. The best part is how well you acknowledge your failures and work upon the loopholes.

7. Don’t underestimate your uniqueness

Every person under the Sun is born with unique qualities and every person is different. Don’t underestimate your value by comparing yourself with others. Bill Gates said that –

“Don’t compare yourself with anyone in this world. If you do so, you are insulting yourself.”

If you want to live a better life, value yourself, and recognize your capabilities rather than comparing yourself with others.

8. Welcome feedback in life

Feedbacks are a prerequisite for technological advancement. Similarly, you can improve your lives if you welcome and accept feedbacks. Bill Gates quoted –

“we all need people who will give us feedback. That’s how we improve.”

So, surrounding yourself with people who provide you with constant feedback is the key to improve your lives.

9. Be leaders who empower others

A successful and appreciated leader is one who empowers others also rather than one who is self – centered. Bill gates said –

“As we look ahead into the next century, leaders will be those who empower others.”

Leading a life wherein you empowers and inspires others as a leader is more meaningful than leading a bossy life.

10. 3P’s rule

The three P’s – persistence, perseverance, and passion are the qualities to lead a happy life. One should always own a ‘never give up’ attitude, no matter how harsh life is. Paul Allen, co-founder of Microsoft said that –

“Bill craved closure and he would hammer away until he got there”.

Bill himself said –

“There is nothing that was overnight.”

So you must be persistent and passionate in your efforts to achieve the desired heights.