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Friday, 6 October 2017
Partnership with benefits
BIZ 101: Thank God is Friday, I trust you all had a fruitful week !!! Today I'll be discussing on the issue of "TEAM WORK", it has been said that team work make the dream work, also an Old African adage is quoted thus "If you want to go far go alone , if you want to go farther go together" . Thus the need for a team in business whether small or great can not be overemphasized !!! I tell you finding a team / partner / friend that understands your vision and Business aspiration is fundamental to your business, in clear terms it may be the difference between being a Bill gates or just Abdul or Cheif Onyegororo Nigerian Limited, Factually both parties may be billionaires but the numbers and denomination will be different and numbers don't lie, ask my friends at Forbes.
Illustration :in 1975, at a time when most Americans use typewriters, childhood friends Bill Gates and Paul Allen got an idea and founded Microsoft, a company that makes computer software. Originally based in Albuquerque, New Mexico, Microsoft relocated to Washington State in 1979 and eventually grew into a major multinational technology corporation. In 1987, the year after Microsoft went public, 31-year-old Gates became the world’s youngest billionaire.
Gates and Allen started Microsoft—originally called Micro-Soft, for microprocessors and software—in order to produce software for the Altair 8800, an early personal computer. Allen quit his job as a programmer in Boston and Gates left Harvard University, where he was a student, to focus on their new company, which was based in Albuquerque because the city was home to electronics firm MITS, maker of the Altair 8800. By the end of 1978, Microsoft’s sales topped more than $1 million and in 1979 the business moved its headquarters to Bellevue, Washington, a suburb of Seattle, where Gates and Allen grew up. The company went on to license its MS-DOS operating system to IBM for its first personal computer, which debuted in 1981. Afterward, other computer companies started licensing MS-DOS, which had no graphical interface and required users to type in commands in order to open a program. In 1983, Allen departed Microsoft after being diagnosed with Hodgkin’s lymphoma; he was successfully treated for the disease and went on to pursue a variety of other business ventures.
In 1985, Microsoft released a new operating system, Windows, with a graphical user interface that included drop-down menus, scroll bars and other features. The following year, the company moved its headquarters to Redmond, Washington, and went public at $21 a share, raising $61 million. By the late 1980s, Microsoft had become the world’s biggest personal-computer software company, based on sales. In 1995, amidst skyrocketing purchases of personal computers for home and office use, Windows 95 made its debut. It included such innovations as the Start menu (TV commercials for Windows 95 featured the Rolling Stones singing “Start Me Up”) and 7 million copies of the new product were sold in the first five weeks. During the second half of the 1990s, Internet usage took off, and Microsoft introduced its web browser internet explorer in 1995 and dominated the market for over a decade, talking about partnership that works !!!
Also in 2001, Microsoft joined the video-game market with the launch of its Xbox console, which proved to be a hit, Bill Gates is still the richest man in the world and his friend Allen is still a Billionaire so no body lose(in Nigerian accent)
I repeat if you want to go far ,go alone but if you want to go farther go together, it's no news that many of the top law firms and Accounting firms in the world are into mega partnerships, affirmatively two good heads are better than one !!! Please young man build a team ,if you succeed in this, you would have won the future !!! The future is in partnership that profits.
I am Victor Nwankwo your go to business guy and corporate law consultant, saying I want you and your business to succeed , don't forget to send us your qugmire mail to victornnwankwo@gmail.com,and visit our blog www.biz101today.blogspot.com
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