Entrepreneurial Thought Leaders (ETL) Steve Ballmer (Microsoft) - The Future of Microsoft, The Future of Technology
May 6, 2009
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Opportunity in Tough Economies
- Economic downturns prune weak ideas and investors become more selective.
- Tough times create opportunities for patient entrepreneurs with good ideas to succeed.
Joining Microsoft Early Days
- Steve Ballmer joined Microsoft as a businessperson when it had 30 people and no business team.
- Early growth focused on hiring good and smart people and learning to read balance sheets.
Patience and Persistence Matter
- Success in startups requires both great ideas and persistent hard work over many years.
- Many breakthroughs take a decade or more to gain popularity.