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The world-famous American Michael Dell, the founder of the well-known company Dell Computer Corporation, was born on February 23, 1965, in the city of Houston, Texas, into a prosperous family. His parents were well-educated and wealthy. His father was an orthodontist dentist, and his mother was a broker. They hoped, as all parents do, that Michael would follow in their footsteps. Michael, on the other hand, chose the path of a successful entrepreneur and refused to learn.
But no one who knew Michael could have predicted that he would achieve anything in life. He attempts to skip high school at the age of eight and obtain a distance education document.
Trying to convince others that there are more important things in life than studying. But it was all for naught. Michael started his first business when he was 12 years old. He started his stamp auction by collecting stamps and purchasing them with the money he earned by delivering water in a Chinese restaurant. People entrusted their brands to Michael. Michael made $2,000 by placing an ad in a local magazine and printing and distributing a catalog.
This man’s uniqueness is defined by an incident that occurred to him on a fishing trip when he was twelve years old. While the adults fished, Michael steadfastly collected tackle that he had designed himself. The essence of this design was that 10 hooks could be attached to it at the same time. The adults-only laughed at him, saying he was making up things, but he refused to back down. When Michael finished his tackle and began fishing, he caught more fish than any adult had ever caught. Since then, Michael Dell has followed the rule: “If you think an idea is good, put it into practice.”
Personal computers were still in their infancy at the time. And the students wanted to learn new technologies, but the costs of new items were exorbitant. Then Michael purchases excess equipment parts from IBM dealers who still have them in stock. He creates a kind of workshop in his university dorm room and assembles ready-made modified computers. Something is being taken away or added to them. Then he places an ad in the newspaper offering to sell his computers for 15% less than their market value. The outcome did not take long to arrive. Michael’s computers were soon purchased by businessmen, doctors, and large corporations.
So there was a company called PC’s Limited that dealt with computer sales. Michael Dell was the company’s founder. Every day, the corporation made more money and asked that its operations be closely monitored. As a result, Michael drops out of university at the age of 19 and spends his entire time at PC’s Limited. The company was renamed Dell Computer Corporation in 1987. Dell Computer Corporation, like any other successful corporation, encountered numerous challenges, including (the fire hazard of laptops in 1993, the temporary concession of market share to Gateway in the mid-90s, etc.). Despite the challenges, Dell Computer Corporation not only maintained its global market position but also rose to become the world’s most popular PC manufacturer.
This is attributable to an increase in the manufacturing of a variety of items. The corporation had a profit of 3 billion dollars in 2004. Kevin Rollins took over as managing director of the company on March 4 of this year, while Michael Dell remained chairman of the board of directors.
Michael Dell was named the fourth richest person in the United States and the eighteenth richest person in the world by Forbes magazine in 2005, with a net worth of $18 billion. Michael is based out of Malibu, California. His home is valued at $18.7 million and ranks 15th on the list of the world’s most expensive homes. So a simple schoolboy concerned with business concepts grows up to become a successful world-class businessman.