Today we will talk about a unique success story of the founder of the global company Dell
Michael started working at the age of 13, taking his parents' house as the headquarters of his activity, which is collecting stamps, from which he collected a profit of $2000. The newlyweds had to collect nearly $18,000, so he could not buy his first BMW at the age of 18.
company start
And starting his startup with a sum of money obtained from his grandparents, Michael initially targeted university friends who dreamed of owning a computer commensurate with their financial capabilities. It was called Turbo PC, and it had an Intel processor with a speed of 8 megabytes. The advertising focused on technical magazines and direct sales. This product was distinguished from others by flexibility by assembling devices according to the customer's demands through more than one option, which led to saving a lot of money in order to become one of the cheapest devices Existing in his time, B Seas Ltd. was the first company to succeed in this type of sale.
company revenue
And in 1987 the company’s revenue was 6 million dollars, and in 1988 Michael changed the name of the company to Dell, which is now known to us. 1999 Dell surpassed its traditional rival Compaq in sales and rankings. In 2003, Dell shareholders agreed to change the name to be able to enter into fields other than computers, and in 2004 Dell began entering the field of flat screens, computers, cameras and music players.
Michael's affiliation
Michael Dell belongs to the Jewish community and is one of the largest financiers of George Bush in his electoral campaign. Michael ranked as the fourth richest man in America, making him the 18th in the world's men, and it is worth mentioning that Dell's revenues are about $40 billion and has more than 40,000 employees and branches in More than 170 countries, and the company's sales amount to 300 million dollars a day, and one of Michael Dell's most famous statements, and now we can say failures, as he was asked what all he should do if he was the director of Apple in light of the big problems they faced in 1997.
He said if I were in Steve Jobs's place, I would have closed The company returned the investors their money and Steve Jobs did not forget the saying until 2006, when Apple's sales exceeded those of Dell. He said in an email to Michael Dell now that he must swallow his words and withdraw them, and after two years of failure for Dell, Michael Dell returned again to run his company again.