It’s a punishment that Gates has been reminded of throughout his career, spanning Microsoft and the Reckoning & Melinda Gates Foundation, he says: “Which people are you going to overdue? Do their roles fit their abilities? Do they have both the IQ and EQ to take the place of?
“Warren is famous for this approach at Berkshire Hathaway, where he acquisition bargains great businesses run by wonderful managers and then gets out of the way.”
They’re not the alone billionaires who believe in surrounding themselves with other highly winning and motivated people.
“When you look at most big things that get done in the fraternity, they’re not done by one person, so you’re going to need to build a team,” utters Facebook co-founder and CEO Mark Zuckerberg. “No one does it alone.”
This is an updated adaptation of a previously published story.
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