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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBill Gates on AI, success and misinformationBill Gates shares how he defines success, what the No. 1 unsolvable problem is facing today's young people and compares developing software in the '70s to developing AI tools today.
Persons: Bill Gates, Gates
Melinda French Gates believes it's "so dumb" to try and maximize productivity by getting only a few hours of sleep. French Gates said, referencing CEOs and tech entrepreneurs who promote, in her eyes, a form of performative sleep deprivation. He's since changed his tune, and now aims for at least six hours of sleep per night, he told CNBC last year. Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates — French Gates' ex-husband — have shared similar stories. Now, he aims for a minimum of seven hours of sleep each night, he said.
Persons: Melinda French Gates, she's, Gates, who've, Indra Nooyi, Donald Trump, Marissa Meyer, Elon Musk, Tesla, I've, Musk, Jeff Bezos, Bill Gates, , Bezos Organizations: PepsiCo, Former U.S, CNBC, Microsoft Locations: Former
If Bill Gates had to start all over again, he'd join the artificial intelligence arms race with an "AI-centric" startup, he says. "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," the billionaire Microsoft co-founder tells CNBC Make It. Gates researched the AI industry for his upcoming Netflix docuseries "What's Next? But AI will be transformative enough as it grows for any new tech startup to consider how it can fit into that industry, Gates says. "I was lucky that my belief in software made me unique," says Gates, adding: "Just believing in AI, that's not very unique.
Persons: Bill Gates, he'd, Gates, Allen, that's Organizations: Microsoft, CNBC, Google, Nvidia, Netflix, CNN
Billionaire Jared Isaacman made history in space — again. On Thursday, Isaacman spent 10 minutes floating in the vacuum of space outside of a SpaceX capsule. Both private space missions were funded for undisclosed sums by Isaacman, who boasts an estimated net worth of $1.9 billion, according to Forbes. He's a longtime advocate for the expansion of the private space industry, which he says could lead to "a world where everybody can go and venture among the stars." Here's how he went from teenage entrepreneur, running a business he founded in his parents' New Jersey basement, to a billionaire floating in space.
Persons: Jared Isaacman, Isaacman, Forbes Organizations: SpaceX, CNBC Locations: , Isaacman, New Jersey
When Bill Gates dropped out of college to co-found Microsoft, he wasn't thinking about becoming a billionaire or running a company that's now valued at more than $3 trillion. At the time, in 1976, computer obsessives like Gates and co-founder Paul Allen were considered "hobbyists" — yet they fervently believed that a technological revolution was imminent. And I was willing to focus my life, in my 20s, just on software, just on the one job," says Gates. Specifically, that job was creating high-quality software that could make the general public actually embrace the personal computer. That intense focus on creating the best product possible didn't mean Gates wasn't aware that there was also money to be made — in fact, he insisted upon it from the beginning.
Persons: Bill Gates, Gates, Paul Allen, Allen, , Netflix docuseries Organizations: Microsoft, CNBC, Forbes, Netflix
Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.
Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S
They probably have one thing in common: the ability to consistently come up with great, "non-obvious" ideas, says bestselling author and marketing expert Rohit Bhargava. Reliably devising great ideas that other people haven't considered is easier said than done, of course. "It's more work to come up with something new and original. Here are the four steps you should take to become more creative and reliably come up with great ideas, according to Bhargava. In their book, Bhargava and DuPont advise people to "follow your frustrations" by thinking about the everyday things that annoy them or don't work perfectly.
Persons: Rohit Bhargava, who's, Bhargava, haven't, Bhargava —, Georgetown University —, Ben DuPont, Howard Schultz, Schultz, we're, you've, DuPont, Sakichi Toyoda, Dyson, James Dyson Organizations: Employers, CNBC, Ogilvy, Georgetown University, Toyota, DuPont Locations: Italy
Emery Wells put himself on the path to a dream career by recklessly buying a $17,500 camera that he definitely couldn't afford. By 2014, his post-production company Katabatic Digital brought in more than $1 million in annual revenue from clients like Coca-Cola and Pfizer. Wells: Post-production is client service work. Did you always think Frame.io could become a billion-dollar company? I don't know if we're really going to get there."
Persons: Emery Wells, who'd, Wells, John Traver, shuttering, Traver, I'd, Mark Zuckerberg, Mark, we're Organizations: CNBC, Adobe, Digital Cinema, Katabatic, Cola, Pfizer, Frame.io Locations: Wells, New York, Katabatic
Stay resilient and, when your luck turns, be ready to jump at the right opportunity, according to Carvana co-founder and CEO Ernie Garcia. Less than two years after the online used car retailer's ballooning debt and shrinking sales nearly forced the company into bankruptcy, Carvana is on the road to recovery. That's not something you imagine [when you start a business]," Garcia told CNBC's "Squawk on the Street" on Thursday morning. Carvana had been riding high during the coronavirus pandemic, when the market for used cars surged. Investor perspectives changed quite a bit in [2022] and our stock went down 99%," Garcia said on Thursday.
Persons: Carvana, Ernie Garcia, That's, Garcia, CNBC's Locations: Tempe , Arizona
Melinda French Gates' three children grew up in one of the world's wealthiest families. Not wanting to raise entitled kids, their parents worked to give them something resembling a "middle-class" upbringing, French Gates says. And I thought that was a good principle to have," French Gates told The New York Times on Sunday. "First of all, they had an allowance, so we absolutely did not just buy them things," French Gates said. French Gates told The New York Times.
Persons: Melinda French Gates, Gates, Bill Gates, relatable, who'd, Coventry Edwards, Pitt, Mark Cuban, Steve Harvey, STEVE, Amy Morin, Morin Organizations: New York Times, Microsoft, Duke University, CNBC Locations: Dallas, Cuban
Bari is the father of Suborno Bari, a 12-year-old from Lynbrook, New York, who graduated from high school in June. Suborno Bari graduated from Malverne High School on Long Island in July at just 12 years old. Source: Bari familyInstead, Bari took Suborno with him to college classes and introduced his young son to his professors. Parents showing interest boosts kids' self-esteemMost children don't memorize the period table at such a young age. Suborno Bari, 12, celebrating his graduation with his father, Rashidul.
Persons: Rashidul, Suborno, Bari, Shaheda, Bari downplays, he'd, — who'd, , Suborno Bari Organizations: New York University, Brown University, CNBC, Lehman College, Brooklyn Technical High School, Columbia University, Malverne High, Brooklyn College, Mumbai University Locations: Rashidul Bari, Bari, Suborno Bari, Lynbrook , New York, Long
Earning the trust of your boss and the rest of your colleagues is a key foundation of building a successful career. That's why Jeff Bezos wrote that good leaders "earn trust" as part of Amazon's famous list of 16 leadership principles. Despite sounding relatively simple, it's a guideline that people often get "wrong," according to Amazon CEO Andy Jassy, who replaced Bezos in that role in 2020. That's not what we mean," Jassy said in a video posted online by Amazon earlier this month. "If you want to earn trust: If you say you've got something, deliver it.
Persons: That's, Jeff Bezos, Andy Jassy, Jassy, you've, it's Organizations: Amazon
When Jay Chaudhry sold his first company for $70 million, he focused less on his own riches, he says — and more on how the deal could turn dozens of his employees into millionaires. Chaudhry, 65, is known today as the billionaire founder and CEO of Zscaler, a cloud cybersecurity firm valued at roughly $28 billion, as of Wednesday afternoon. Nearly two years after the deal closed, as VeriSign's stock price soared, more than 70 of SecureIT's 80 employees "on paper, were millionaires," Chaudhry tells CNBC Make It. "People were going crazy in the company, because they had never thought of so much money," he says. The bubble burst later that year, and VeriSign's stock lost roughly 75% off that high point at the end of 2000, sinking to a low of nearly $4 in 2002.
Persons: Jay Chaudhry, Chaudhry, Jyoti Organizations: CNBC
He's currently CEO of Zscaler, the cloud security company he founded in 2007, which is valued at $28.56 billion as of Monday morning. "I think it's to make a difference in the world," Chaudhry tells CNBC Make It. Growing up in a farming village in rural India, Chaudhry says he "never had money in my early childhood." In his youth, his idea of success never even hinted at the prospect of launching a business, much less one worth tens of billions of dollars. He had a good job with financial security, yet he couldn't help but think: "There may be an opportunity to make a big difference'" if more companies got on the internet, he says.
Persons: Jay Chaudhry, Chaudhry, Jyoti, Zscaler Organizations: He's, Zscaler, CNBC, University of Cincinnati, IBM, Unisys, Netscape, Forbes Locations: India
At Amazon, employees are taught that good leaders "are right, a lot." That doesn't mean your boss knows more than you do, or that their first ideas are always the best. Ironically, Jassy sees leaders get that concept "wrong" with some frequency, he said. An idea that comes from your boss isn't necessarily the best idea possible, he noted. "We're trying to get to the best possible answer for customers, whoever's idea it is," said Jassy.
Persons: , Andy Jassy, Jassy, isn't Organizations: Amazon
Chaudhry, the 65-year-old founder and CEO of cloud security giant Zscaler, has an estimated net worth of more than $11 billion. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Owning 100% of your company early on allows you to control your own business decisions, which Chaudhry recommends. "Once you raise money, that's not an accomplishment, that's an obligation," he told Ryan Seacrest in a 2019 interview, "because "now you're reporting to whoever you raised money from."
Persons: Jay Chaudhry, he's, Chaudhry, Jyoti, , SecureIT, I'm, Zscaler, Jay, I've, VCs, Mark Cuban, that's, Ryan Seacrest Organizations: Cuban Locations: India
The key to success is to never stop trying to learn new things, according to Amazon CEO Andy Jassy. "You have to be ravenous and hungry to find ways to learn," Jassy said last week in a video posted by Amazon about the company's famous list of 16 leadership principles, originally penned by founder Jeff Bezos. One of those principles, "Learn and Be Curious," says the best leaders "are never done learning and always seek to improve themselves." Jassy said he's seen that ability make the biggest difference between people who successfully grow their careers and those who remain "stagnant." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Andy Jassy, Jassy, Jeff Bezos, he's, Aneesh Raman, Bezos, Julia Stewart, Stewart, I've, I'm Organizations: Amazon, CNBC
Not really," Chaudhry, the billionaire founder and CEO of cloud security company Zscaler, tells CNBC Make It. Together, they plunged their life savings — roughly $500,000 — into SecureIT, a cybersecurity software startup they co-founded in 1997. His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. I said, "If [Netscape co-founder] Marc Andreessen could start a company — he was a young guy [right] out of college — why shouldn't I start a company?" It took us a few years to really start getting traction in the market, and VCs can write you off and move on.
Persons: Jay Chaudhry, he'd, Chaudhry, Jyoti, SecureIT, Chaudhry —, , Marc Andreessen, Let's, we'd, Zscaler, you'll, VCs Organizations: IBM, Unisys, CNBC, Netscape, Atlanta, Software, BellSouth, Fortune, Forbes, IDC, Gartner, VCs Locations: India, SecureIT, Atlanta, Alpharetta , Georgia
A good leader can't be afraid to get their hands dirty, according to Nvidia CEO Jensen Huang. Years later, he would hatch the idea for Nvidia with his co-founders in a booth at the same Denny's where he'd once cleared tables, washed dishes and even cleaned toilets. "To me, no task is beneath me because, remember, I used to be a dishwasher [and] I used to clean toilets," Huang said in a March interview at the Stanford Graduate School of Business. Whenever possible, the longtime CEO likes to show his employees his reasoning for a suggestion or solution he offers. That structure improves Nvidia's performance by allowing information and strategy to flow more directly between Huang and Nvidia's other leaders, according to Huang.
Persons: Jensen Huang, Long, Huang, I've Organizations: Nvidia, Forbes, Stanford Graduate School of Business, Stanford, California Institute of Technology, CNBC Locations: Denny's
Working at Google for 12 years changed how Frederik Pferdt approaches his work and his daily routine. As the tech giant's first-ever Chief Innovation Evangelist, Pferdt sought to create a more cohesive structure for nurturing creativity across divisions. Pferdt created the company's Innovation Lab and co-founded the Google Garage, where he encouraged thousands of employees to collaborate and experiment on fresh ideas. Before deciding to leave Google in 2022, he learned several important lessons, including from co-founders Larry Page and Sergey Brin, he tells CNBC Make It. But his top three lessons aren't just useful for tech workers: They can help anyone "live a more meaningful life," he says.
Persons: Frederik Pferdt, Pferdt, Larry Page, Sergey Brin, aren't Organizations: Google, CNBC, Stanford Locations: San Francisco
A great book can challenge your perceptions, shape your worldview, and impart messages that stay with you forever. Six books that billionaire Virgin Group founder Richard Branson has read over the course of his life have left that sort of lasting effect. Most recently, in April, he released his audiobook memoir, "Losing and Finding My Virginity: The Full Story." Branson calls it "a very entertaining read that has always stayed with me." On "Start With Why," Branson says: "My key takeaway was that it doesn't matter what you do, but why you do it ….
Persons: Richard Branson, Branson, Bryan Stevenson Stevenson, Walter McMillian, Jamie Foxx, Luke Rhinehart, George Cockcroft, Simon Sinek Sinek, Elizabeth Nyamayaro Branson, Nyamayaro Organizations: Virgin Group, CNBC, New York University, Equal, Initiative, Virgin Records, United Nations, UNICEF Locations: Africa, Zimbabwe
A former Stanford University adjunct professor of design thinking, Pferdt worked at Google for 12 years, serving as its first-ever "chief innovation evangelist." "Everybody talks about innovation, and you could obviously see a lot of innovation happening. To spot future opportunities, you have to embrace the unknown by thinking optimistically to find potential good in a new, possibly even scary, situation. To spot future opportunities, you have to embrace the unknown by thinking optimistically to find potential good in a new, possibly even scary, situation. Compulsive curiosity: Pferdt's own curiosity inspired him to find out how he could help streamline innovation at Google.
Persons: Frederik Pferdt, Pferdt, optimistically, Organizations: Google, Stanford University, CNBC
Every parent makes mistakes. That's not just a platitude: It's advice from developmental psychologist Aliza Pressman, who spoke about how to teach children resilience at the Aspen Ideas Festival on Monday. "It is so brave to be a parent. Learning to manage difficult emotions in stressful situations helps children develop the resilience they need to grow into happy, successful adults. "We absolutely need some stress for resilience building," Pressman said.
Persons: That's, Aliza Pressman, Pressman Organizations: Aspen Ideas, Sinai Parenting Center
Jimalita Tillman knew her daughter Dorothy Jean was gifted at a very young age. Home-schooled from age 7, Dorothy Jean took high school-level courses a year later and earned her first college diploma, an associate's degree, at age 10. She added a bachelor's degree at age 12 and an environmental science master's degree two years later, both online. Last year, at just 17 years old, Dorothy Jean earned a doctoral degree in integrated behavioral health from Arizona State University. Watching Dorothy Jean accomplish so much at a young age has been "humbling," her mother tells CNBC Make It.
Persons: Jimalita Tillman, Dorothy Jean, Dorothy, Tillman, they'll, Esther Wojcicki, Cindy Graham, Graham, HuffPost, Michele Borba, That's Organizations: Arizona State University, Leadership Institute, CNBC, Bills Locations: Chicago
Having an 18-year-old daughter with a doctorate is both "humbling" and "inspiring," says Jimalita Tillman. "I look to her even as inspiration for things I do in my own day to day life," Jimalita tells CNBC Make It. Jimalita, a single parent who started home-schooling her daughter around the age of 7, did a lot to facilitate those accomplishments. She recognized early that her daughter possessed outsized curiosity and a zeal for learning that set her apart from many other children, she says. "Early on, what was important was allowing her to lead and teach me things, even if I knew them already," Tillman says.
Persons: Jimalita Tillman, She's, Dorothy Jean Tillman II, Tillman Organizations: Arizona State University, CNBC Locations: Chicago
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