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The
    Entrepreneur files

​A UARF weekly blog series featuring articles written from the UARF team members.

Learn about new ideas, business tips, and hear our personal stories about 
the things we learned from you, the entrepreneurs!
scroll down for the newest article!
                      V

Bill Gates:  A  Short  Lesson  About  Turning  Failure Into  Success

1/28/2020

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When most people think of Bill Gates, they think of this super-genius billionaire who is always successful. 

Well, as you are about to see, that is not exactly true. 

You see, back in 1970, Bill and his partner Paul Allen had started their first business: Traf-O-Data. 

Bill and Paul worked closely with many electrical engineering students and faculty members at the University of Washington, hoping to create a device that automatically read traffic tapes (Back in 1970, manually reading these tapes was tough work).
Picture
Well, after years of sinking time and money into this business, Bill thought he was going to have his first big break...

An official from the county office was scheduled to see a demo of Traf-O-Data. 

How exciting right? A chance to finally push his product into the market. 

So one day, the official walked into the lab, and the demonstration started.

The lights on the device lit up. Everything seemed to go well… but then: CRASH!

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