Bill Gates: Advice for today’s kids

Well, I’d encourage kids to learn science, to find a way to enjoy it, and experiment. Just the model of the world you get the depth of your understanding, and the opportunities that you’ll have will be fantastic. We need society to be more literate about science and innovation. We need to challenge people and take their innate curiosity, not let it face away. Even innovation in education, using these tools to let you see the best lecturers or learn about an experiment that you might want to try. So if you’re young today, you’re actually exposed to more things and I envy kids growing up now. They’ll have a chance to solve big problems and they have better learning tools than certainly my generation had.

Bill Gates: 20,000 hours of Teacher’s videos

Bill & Melinda Gates foundation invested in studying the very very good teachers. We have been working with 3,000 teachers in districts across the country on a project called measures of effective teaching.

We took 20,000 hours of video and looked at various measures; what were they doing differently. We’ve created a lot of model districts. We had observers, their peers,evaluators, watch videos of teachers in the classroom and write how they did, observing, giving feedback.

For example, did they ask their students challenging questions: Did they find multiple ways to explain an idea. We also had students fill out surveys with questions like, does your teacher know when the class understands a lesson? Do you learn to correct your mistakes?

The results were very good. What we found is very exciting. First the teachers who did well on these observations had far better student outcomes. So it tells us we’re asking the right questions. Second, teachers in the program told us that these videos and these surveys from the students were very helpful diagnostic tools, because they pointed to specific places where they can improve.

If we could get it adopted currently and scale it up it would start to move the the dropout rate and the math and reading achievements.  

Facebook: It’s not about money, it’s about people

Mark Zuckerberg is among the youngest billionaires in the world. He is only 28 years old and his net worth is $52.1 billion.

His wedding with Priscilla Chan was held in his backyard. And the couple were seen eating at McDonalds while they were on their honeymoon in Italy.

Zuckerberg reportedly drives an Acura “because it’s safe and not ostentatious.” If you notice one thing about this young billionaire it is that he wears the same style of outfit everyday. He wears the same gray t-shirt, jeans, and hoodie.

GQ has named him “Worst Dressed Man of Silicon Valley”

His entire wardrobe probably costs less than $700, and it probably costs less than $200 a year to keep his wardrobe updated. Considering that the average American family spends around $1,700 a year on clothing, Zuckerberg definitely has the right idea on saving money.

Ralph Lauren: Consistency

In designing his products, whether the clothes or house wares, Lauren says he always strives for one thing: consistency. “What matters the most to me are clothes that are consistent and accessible,” he says. “When I look at the people I’ve admired over the years, the ultimate stars like Frank Sinatra, Cary Grant and Astaire, the ones who last the longest are the ones whose style has a consistency, whose naturalness is part of their excitement.”

The challenge of remaining consistent is one that Lauren believes plagues much of the fashion industry. “When you think of the blur of all the brands that are out there, the ones you believe in and the ones you remember, like Chanel and Armani, are the ones that stand for something,” he says. “Fashion is about establishing an image that consumers can adapt to their own individuality. And it’s an image that can change, that can evolve. It doesn’t reinvent itself every two years.”

Ralph Lauren: Believe in yourself

After viewing his first polo match in New York, Lauren was inspired to quit his job as a clerk at Brooks Brothers and start his own company. He had no experience, and only a high school diploma and a few business classes on his résumé, but he won over Bloomingdale’s with his brazen attitude. Within one year, the designer sold $500,000 worth of ties at the department store. There is never a “right time.” If you have an idea, go for it and shock everyone with results.

Ralph’s first big break was with Bloomingdale’s—the hottest store around at the time.

They said they loved his neckties, but they wanted to take his name off the label and replace it with the Bloomingdale’s name. He said, no way, left the deal on the table and walked away.

Six months later, Bloomingdale’s came back. Turns out they DID want his neckties AND they’d keep his name on them!