Earn Your Leisure (2024)

Dec 03, 2023

The significance of 1986 in Microsoft's history is monumental, marking the year the tech giant went public, a pivotal moment that laid the foundation for its remarkable growth journey. Since its IPO, Microsoft has evolved from a company primarily focused on software for personal computers to a diversified tech leader with significant stakes in hardware, […]

Dec 03, 2023

The significance of 1986 in Microsoft's history is monumental, marking the year the tech giant went public, a pivotal moment that laid the foundation for its remarkable growth journey. Since its IPO, Microsoft has evolved from a company primarily focused on software for personal computers to a diversified tech leader with significant stakes in hardware, gaming, and cloud computing.

Key Milestones and Growth Since 1986:

  1. Product Diversification: Microsoft's product portfolio has expanded well beyond its original Windows operating system and Microsoft Office suite. The company now boasts a range of successful products, including Azure (its cloud computing service), Xbox (gaming console), and Surface (line of laptops and tablets).
  2. Financial Growth: From a modest annual revenue of $197 million in its early days, Microsoft's revenue skyrocketed to $198 billion by fiscal 2022. This growth, however, hasn't been without challenges, including periods of slower growth during economic downturns like the 2009 financial crisis.
  3. Strategic Acquisitions and Investments: Microsoft's growth strategy has included significant acquisitions, such as LinkedIn and GitHub, and a proposed acquisition of Activision Blizzard, although the latter faces regulatory scrutiny.
  4. Dividend Payouts: Since 2003, Microsoft has been paying dividends, adding an income component to its growth story and benefiting long-term investors.

The Long-Term Investment Case:

Investing in Microsoft at its IPO would have yielded astounding returns. An initial $1,000 investment would have grown exponentially, thanks to stock splits and the company's sustained growth in stock value, not to mention the substantial dividends paid over the years.

List Of Billionaires

• Bill Gates: Co-founder of Microsoft. Net worth: $116.7 Billion

• Paul Allen: Co-founder of Microsoft. Net worth: $20.3 Billion

• Steve Ballmer: Former CEO of Microsoft and led the company from 2000 to 2014. He joined Microsoft in 1980 as employee No. 30. Net worth: $111.8 Billion

• Charles Simonyi: Joined Microsoft in 1981 as employee No. 40 and spent two decades in application development. He is the man behind some of the company's most successful software, including Word and Excel. Net worth: $5.2 Billion

• Markus Persson: After selling his game company, Mojang which produced Minecraft to Microsoft for $2.5 billion he became a billionaire. Net worth: $1.3 Billion

• Chris Wanstrath: Co-founder of Github. After Microsoft purchasing Github for $7.5 Billion, Chris who was the largest shareholder of Github became a billionaire. Net worth: $2 Billion

• Tom Preston-Werner: Co-founder of Github. After Microsoft purchasing Github for $7.5 Billion, Tom became a billionaire. Net worth: $1.8 Billion

• P. J. Hyett: Co-founder of Github. After Microsoft purchasing Github for $7.5 Billion, Hyett became a billionaire. Net worth: $1 Billion
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Earn Your Leisure (2024)

FAQs

Who are the guys from Earn Your Leisure? ›

Rashad Bilal and Troy Millings are changing the game for the community. Together, they host the tremendously successful financial literacy podcast Earn Your Leisure.

What does Earn Your Leisure do? ›

The Earn your Leisure Podcast gives behind the scenes financial views into the entertainment and sports industries, highlights back stories of entrepreneurs, breakdown business models and examines the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture.

Who is the CEO of Earn Your Leisure? ›

Q4 Mastermind: Rashad Bilal, CEO of Earn Your Leisure - 4 Day Conference. By I Belong Here, Inc.

How did Earn Your Leisure get started? ›

He felt he had a bigger purpose outside of the classroom and wanted the lessons on financial literacy to reach a broader audience. So he partnered with Bilal – who was already posting videos about stock market trends and celebrity brand deals to his 50,000 Instagram followers – to form “Earn Your Leisure.”

Who are Rashad Bilal and Troy Millings? ›

Rashad Bilal And Troy Millings Have Developed A Financial Literacy Curriculum That's Set To Rollout Across 10 Public Schools In The Bronx. Co-hosts of the “Earn Your Leisure” (EYL) podcast are bringing more financial education to the masses, and it's a full-circle moment.

Who is the guy that teaches money? ›

Dave Ramsey
BornSeptember 3, 1960 Antioch, Tennessee, U.S.
OccupationPersonal finance consultant, radio show host, author
Alma materUniversity of Tennessee (BS)
SubjectPersonal finance
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How long has Earn Your Leisure been around? ›

Rashad Bilal and Troy Millings created “Earn Your Leisure,” a popular podcast, in early 2019 to help spread financial literacy.

How do I cancel my EYL university membership? ›

Once signed into your account, you can cancel your recurring subscription by clicking My Account or Dashboard from the top navigation menu. Select Billing and locate your subscription plan at the bottom of the page. Click Change Plan and Cancel Membership.

What is your leisure meaning? ›

when you want to and when you have time to: You can take the documents home and study them at (your) leisure. SMART Vocabulary: related words and phrases.

Who are the co founders of Earn Your Leisure? ›

Co Founders & CEO's

Realizing there was a need to expand financial literacy education outside of the traditional classroom setting, life long friends Troy Millings and Rashad Bilal came together to start an educational platform called Earn Your Leisure.

Who started EYL? ›

EYL Co-Founders Rashad Bilal and Troy Millings have built a global brand that's set on ballooning your net worth. Now, they're about to blow up.

What is the financial literacy of African Americans? ›

On average, African Americans answered 38% of the P-Fin Index questions correctly; only 28% could correctly answer over half the questions. Financial literacy within the African Americans community is greater among men, older individuals, those with more formal education, and those with higher incomes.

What is the financial literacy of people of color? ›

According to the 2022 TIAA Institute-GFLEC Personal Finance Index, African Americans answered an average of 37% of the study's financial literacy questions correctly, whereas white Americans answered an average of 55% percent of questions correctly.

Who are the hosts of assets over liabilities podcast? ›

Join hosts Rashad Bilal and Troy Millings (of “Earn Your Leisure” fame) as they're granted exclusive access into the personal lives and businesses of young entrepreneurs and celebrity guests to answer a critical question: are they working with assets… or liabilities?

References

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