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Michael Dell

Founder

Dell Technologies

1 Rating

LEADERSHIP Surrounding oneself with the best talent

Dec 11, 2019

Don't be afraid to make a mistake - Michael Dell, Founder, Dell Technologies

Michael Dell, Founder, Dell Technologies, has been acclaimed as a visionary and an innovator, but he has also acquired praise for being a stable, rational leader. While everyone knows of his vast empire of business and computers, not many know that he founded the company with only $1000 of investment.

Born in Houston, Texas, Dell was enamoured of both, business and electronics; at age 15, he bought one of the first Apple computers and immediately disassembled it, to see if he could put it back together. As a student at the University of Texas at Austin, Dell started his computer business (originally called PCs Limited) in 1984 with $1,000 in startup capital. Dell realised that no company had tried selling directly to customers. Going past the middleman, Dell started building and selling computers for people he knew at college. By the second half of his freshman year, he had sold $80,000 worth of computers. So, he dropped out of college to run his company full-time. PCs Limited became the Dell Computer Corporation and eventually Dell Inc when the product line grew to consist of more than personal computers, making it one of the world’s largest technology infrastructure companies.

From the steps the entreprenuer billionaire has taken, it is quite clear that he doesn’t mind making mistakes, which he advises other entreprenuers to follow. ‘‘Don’t be afraid to make a mistake,“ he says, ‘‘If you want to really make it big, you better come up with something unique.“

Additionally, Dell is of the firm opinion that when someone is the leader of a company, one can’t do everything by himself. That is why, he always makes it a point to surround himself with the best talent that he can find – the more talented people one has to help him/her, the better off that person and the company will be, he believes.

In 2004, Dell stepped aside as CEO of the company, but remained chairman of the board. He also sat on the governing board of the Indian School of Business in Hyderabad. Plus, in 1999, Dell and his wife, Susan, formed the Michael & Susan Dell Foundation. Dell recently defined the vision for Dell Technologies for 2030; according to him, there is focus on enhancing sustainability, gender equality and one-for-one recycling.

In 2004, Dell stepped aside as CEO of the company, but remained chairman of the board. He also sat on the governing board of the Indian School of Business in Hyderabad. Plus, in 1999, Dell and his wife, Susan, formed the Michael & Susan Dell Foundation. Dell recently defined the vision for Dell Technologies for 2030; according to him, there is focus on enhancing sustainability, gender equality and one-for-one recycling.

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