michaael dell
Entrepreneurship is defined as a person who takes all the risk in the business to start. Michael Dell is just that he had an idea for selling and manufacturing. In this paper this will be discussed from the beginning till the end exactly what he went through and what he got out of taking that risk and presenting something new to the world. First of all Michael dell was born in February 25th, 1965 ing Houston Texas. The way his story sounds reads like a business fairytale. He attended the University of Texas, he had nothing but an idea on his mind no way to fulfill it no money to fund it. He wanted to become a Doctor or to own his own little business his preference was an electronic store but like any other college student he had no money. One day he was sitting in his bedroom at his parent's house, with an apple computer he got to thinking about the purchase of computers and that there was always a middleman and the extra cost of accessories. He started to take apart the Apple Computer to get acquainted to the heart of the computers. Then it dawned on him that he can sell computers directly to the customer without the unnecessary middleman so he can keep the production cost low. So he started selling the computer
000 employees worldwide and reported annual revenues of $ 50 billion. Michael and his wife Susan who owns a local couture fashion boutique are fiercely protective over their privacy. He constantly heads the list of the world's youngest billionaires. Dell has been honored many times for his extraordinary leadership capabilities, earning the titles of "Entrepreneur of the Year" from Inc. He should be a big idol to every entrepreneur that there is out there if you have a dream and a vision for success that has not been done yet or something you do well and think you do better than anybody else you should go ahead and go for it take the risk and it will eventually pay out for you. He is an IT governor of the World Economic Forum and is a member of the U. In the early 90s when Microsoft gained foothold in the Software industries over its leading Competitors with their Windows applications, more and more customers saw the potential in the dell computers, because they got more in to the customization of the computer and the direct assistance to the customer with no middleman. After setting all this up he got an even better idea, customization of the PC to the Customers need. This was his primary way of earning money for the extra needs. And start a business because you really want to make a big contribution to society over a long period of time. Furthermore, Michael Dell became the youngest CEO of a company ever to earn a ranking on the Fortune 500 and is now the longest ranking CEO in the computer industry. Dell is the largest computer company in the world.
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