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Michael Dell Success Story

Michael Dell founded Dell Computer Corporation and built it into a multi-billion dollar company. He started his business at age 19 with $1,000 assembling and selling computers directly to customers. This innovative business model of direct sales allowed him to offer lower prices than competitors. By focusing on customers and service, Dell Computer grew rapidly and entered the Fortune 500 by 1992, when Dell was only 27 years old. Dell continued growing the company through expanding online and becoming the top PC seller in the US market, with his business now worth over $100 billion.
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0% found this document useful (0 votes)
580 views4 pages

Michael Dell Success Story

Michael Dell founded Dell Computer Corporation and built it into a multi-billion dollar company. He started his business at age 19 with $1,000 assembling and selling computers directly to customers. This innovative business model of direct sales allowed him to offer lower prices than competitors. By focusing on customers and service, Dell Computer grew rapidly and entered the Fortune 500 by 1992, when Dell was only 27 years old. Dell continued growing the company through expanding online and becoming the top PC seller in the US market, with his business now worth over $100 billion.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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9/21/2016

MichaelDellSuccessStory

TheMillionaireSecrets
InspiredByDreams|EmpowerYouToSuccess

MichaelDellSuccessStory
byShawnonMonday,August25th,2014|16Comments

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Hereisaveryinspiringsuccessstoryaboutabillionairewhobecameaverysuccessfulentrepreneur
ataveryyoungage.Justlikeeveryothersuccesspeople,hestartedwithalmostnothingbut
theideasinhishead.
MichaelDellisaverycommittedguy,whenhecreatedaplan,hellpursueitwithfullstrength.And
thisexplainsthathowhemadehis$1,000byjustsellingstampsattheageof12!Canyou
imaginethat?Sellingstampsatsuchayoungageandmake$1,000fromthat.Manyofuscant
evensave$1,000fromoursalary.Buthemadehisfirst$1,000byjustsellingstamps.

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FinancialSuccess
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MindsetAndThinking
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HelatersoldthenewspapersubscriptionforHoustonPost,whichdevelopedhisconfidencemaking
himevenmoremoney.ItistoldthathemadeenoughmoneytobuyaBMWbytheageof16.
MostpeoplecantearnenoughmoneytobuyaBMWevenwiththeirentirelifesaving.Butthis
guy,MichaelDell,madeenoughmoneytopurchaseaBMWattheageof16.

Motivation/Inspiration

Michaelthenplannedhislifewellattheageof19.Heknewexactlywhathewantedtoachieve
inhislifeandeventually,heachievedit.Knowingwhatyouwantinyourlifeisoneofthemost
importantsuccessstrategiesthatyoumustadopt.Ifyoudontknowwhatyouwanttoachievein
yourlife,youllneverachieveit.Firstsetyourtarget,thenkeeponpursuingit.Justlikewhat
MichaelDelldidattheageof19,heplannedhislifeandsethisgoalstoachievehighersuccess.

Shawn'sRecommends

Michaellaterwenttocollegetostudybiologyashisparentswanthimtobeadoctor.However,a
yearlater,hequithisstudiesandcontinuetopursuehisdreams.Hewantedtobeasuccessful
entrepreneur.Thisiswhatyouhavetodoaswellifyouknowexactlywhatyouwant.Youneedto
havethecouragetopursueyourdreams.

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9/21/2016

MichaelDellSuccessStory

Michaeldevelopedhisintensepassionincomputerswhenhewas15.Whenhisparentsgothiman
Applecomputerwhenhewas15,insteadofusingit,hedissembledthecomputerintopartstofind
outhowitworked.Afterthat,heboughtanIBMcomputerandstudiedmoreaboutassembling
computers.Whichhefinallymasteredthetechniquethatmadehimabillionaireataveryyoung
age(Interestingread:Be100%committed).

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In1984,Michaelstartedhisdreamventurewith$1,000.Hefollowedthroughhisbusinessplan
andkeeponworkingonit.Inhisroomintheuniversity,heassembledcomputersforcustomers
accordingtotheirrequirementsandsellthemdirectlytohiscustomers.
Hisbusinessideawasnewbecauseheassembledallthecomputersaccordingtohiscustomers
preferencesandselldirectlyatalowprice.Hewasthefirsttointroducethedirectsalesmethodin
theITindustry.Thedirectsalesclickedandtherewashugedemandforcomputers.Dellknewthat
hecouldbeatcomputerdealersbysellingalowerpricewithgoodtechnicalservice(Must
read:AlwaysExceedExpectations).
Justlikeeveryothersuccessfulpeople,Dellstartedsmall.Mostofhisorderswereplacedthrough
friendsandacquaintanceswhospreadthewordaround.Andbysteadilydevelopinghisbusiness,he
movedtoasmallofficeandhiredafewpeopletotakeordersandupgrademachines.Avoidinga
thirdpartytosellcomputersturnedouttobeprofitableandthecompanygrewataseriouslyfast
clip.
LaterinMay1983,DellincorporatedthecompanyasDellComputerCorporation.In1985,Dell
startedtodesignandmakecomputerswithcomponentssourcedfromoutside.Hisfocus,rightfrom
thebeginning,wasoncustomersandgoodservice.Hekepthisvisionandmovetowardhis
dreamsstepbystep.
Allhishardworkpaidoffhandsomely.By1992,DellComputerCorporationenteredtheFortune
500listofthelargestcompaniesintheworld.Attheageof27,hebecametheyoungestCEOofa
Fortune500company.Andtherestishistory.
AnotheroneofthesuccessstrategiesthatDellusedisthatthecompanywasoneoftheveryfirst
tosellcomputersontheInternet.Thistoobecameahugehit.In1999,Delllaunched
Gigabuys.com,anonlinestorefeaturingcomputerrelatedproducts.
Notonlythat,hisbusinesskeptongrowingandbecometheNo.1playerintheAmericanmarket.
Canyouseeitnow?HowMichaelDellstartedfrom$1,000andbuilthisgiantITbusiness
worthmorethan$100billion.IthasbeenaverysuccessfuljourneyforDell.
In1999,withhiswife,heformedtheMichaelandSusanDellFoundation,whichhasan
endowmentofmorethan$1billionandfocusesonchildrensissues.ThisshowsthatDellknows
themiracleoftithing.Ifyouwanttobeasuccessfulinyourlife,youmustfirstmakeother
peoplesuccessful.Ifyouwanttobeamillionaire,donateandhelpmorepeopletobecomericher.
Thisisthelawoftheuniverse.
ThisistheinspiringMichaelDellsuccessstory,sowhataboutyou?
PostedinSuccessStoryTags:michaeldellquotes,MichaelDellSuccessStory,SuccessStory

ManagingTimeThroughOpportunityCost

TheValueofMotivationalSpeakersforBusiness

16ResponsestoMichaelDellSuccessStory

destinysays:
Jan11,2009at12:01pm
yourthinkingthespellingiswrong.

Shawn says:
Jan12,2009at2:58pm
Hello,wouldyoumindtopointoutwhereisitsothatIcan
changeit?Thanksfortelling.

NsubugaFredsays:
Jan12,2009at4:26pm
IthankGodicameacrossthissiteithashelpedmealot
ihaveadreamofowningoneofthelargesthardwareintheCountrypleasegivesomeadviseihave
likeddellsexperienceamnotgoingtogiveup

NsubugaFredsays:
Jan12,2009at5:05pm
ThetipsyoupostedintheMillioniareSecretbookhavehelpedihavesharedthemwithmy
friends

Shawn says:
Jan12,2009at6:49pm

http://www.themillionairesecrets.net/michaeldellssuccessstory/

2/4

9/21/2016

MichaelDellSuccessStory
HiFred,thanksfordroppingby.
StaywithmeandIveanewebookcomingsoon.And
itsfree!

Goodluckandallthebest~!
Shawn

AmandaHugnkiss says:
Apr20,2010at1:05pm
HHeelloo

rashmisays:
Jun24,2010at3:45am
heydudedisisreallyanawesomepagewhichcanigniteanysimplebrainithinkt8u
reallywant2enter2theworldofdosepeopleheyuve2thinkatotalydiffrentideaivesome
contactmeonmyid..

zaraqisteenasays:
Jul11,2010at7:13pm
hellothere
thnxalots
thissitereallyhelpmeout2makemyassignmentsuccessfulabouthim..thnxgod!!

NomoreDELLind!!!says:
Sep13,2010at6:03pm

deeptisays:
Nov11,2010at7:06pm
reallyaveryinspiringstory.

Muaythaisays:
Apr23,2011at4:24pm
thatwaspowerful
thankyouthankyou

MyPortfolioBlogArchiveRecipeforSuccess says:
Sep23,2011at1:48am
[]Imagefrom:http://www.themillionairesecrets.net/michaeldellssuccessstory/[]

MarkSmithsays:
May29,2012at5:21pm
Keepblogging.Anyway,thanksagainandIenjoypostingagainsometime!

Ganeshkumarsays:
Aug12,2014at2:58pm
Hi
ThisisaveryinspiringstoryanditisveryapparentthatDellhasbeenextremelycommittedtowhat
heplans.Thisisevidentfromthefirst$1000heearned.Thanks.

Shawnsays:
Aug12,2014at11:32pm
HiGanesh,yes,trulyinspiring.YoucanreadRichardBransonsautobiographycalled
LosingMyVirginityaswell.Itisagoodread,

Laligassays:
Oct20,2015at5:52am
Thisstoryisaninflatedversionofhisactuallife.

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