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MICHAEL DELL

MICHAEL DELL. “Technology has always been about enabling human potential .”. Quick Factfile. famous for founding Dell Computers with $1000 and creating a net worth of $20 billion USD before the age of 40

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MICHAEL DELL

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  1. MICHAEL DELL “Technology has always been about enabling human potential.”

  2. Quick Factfile • famous for founding Dell Computers with $1000 and creating a net worth of $20 billion USD before the age of 40 • hecreated one of the most profitable computer companies in the world with annual sales of up to $50 billion American dollars • he has also become one of the wealthiest people in the world in 2005, with an estimated worth of $18 billion.

  3. Business Areas • “DELL Inc.”- multinational information technology corporation • it develops, sells and supports computers and related products and services • It is one of the largest technological corporations in the world, employing more than 96,000 people

  4. Family • Dell resides in Austin, Texas with his wife, Susan • they have 4 children

  5. Education • he applied to take a high school equivalency exam at age eight • Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer • while a pre-med student at the University of Texas at Austin, Dell started an informal business upgrading computers

  6. First business success • with just one thousand dollars in his pocket Dell started "PC's Limited" in 1984 • in 1988 PC's Limited had a name change to "Dell Computer Corporation" and had an initial public offering (IPO) that valued the company at roughly $80 million

  7. Major business success • by 1992 Dell Computer Corporation was listed on the Fortune 500 list, making Michael Dell the youngest ever CEO • the company continued to grow and expand dramatically year after year, eventually selling more computers in the United States of America than any other PC company (including Compaq).

  8. Business philosophy • “Our business is about technology, yes. But it's also about operations and customer relationships” • “I like to do things that cause the company to succeed. I don't spend a lot of time doing my favoriteactivities”

  9. Worldwide Recognition • Dell turned his $1000 company into a mega-corporation worth more than $100 billion. • Michael Dell, founder and former chief executive of the world's largest maker of PCs, is only 42 years, was appointed in 2004, the richest man under 40 in the world.

  10. Illustrative Quotes • “It's through curiosity and looking at opportunities in new ways that we've always mapped our path at Dell. There's always an opportunity to make a difference” • “Twenty years and $40 billion. They seem like good round numbers”

  11. From my point of view, this man has revolutionized the business world and gave a lesson about life and about how you can be successful by working. Roxana Chihaita In my opinion this is a model businessman for many entrepreneurs who are just getting started. Claudia Crisca

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