The Daily Stoic

Michael Dell on Calculating Risk and Playing Nice But Winning

Nov 6, 2021
Michael Dell, Founder and CEO of Dell Technologies, discusses his journey from entrepreneur to industry leader. He emphasizes the importance of balancing self-trust with expert opinions and focusing on what can be controlled. Dell shares insights on navigating success, ethics in business, and the complexities of personal ambition versus familial expectations. He also addresses the challenges of decision-making in health and government and advocates for sustainable practices amid short-term pressures in today’s market.
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ANECDOTE

Missed Dinner

  • Ryan Holiday recounts a story about accidentally missing a dinner with Michael Dell.
  • He rescheduled months later, leading to this podcast interview.
INSIGHT

Play Nice But Win

  • Michael Dell's motto "Play Nice But Win" emphasizes balancing ambition with ethical behavior.
  • This approach promotes success while maintaining positive relationships.
ADVICE

Pleased But Never Satisfied

  • Embrace continuous improvement and avoid complacency.
  • Remember that success can be intoxicating and dangerous, leading to stagnation.
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