What I Know

Michael Dell: A New Way To Think About Risk

Oct 11, 2021
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ANECDOTE

High School Sales Success

  • Michael Dell made $18,000 selling newspaper subscriptions in high school and out-earned his teacher.
  • This early success showed his knack for sales and entrepreneurship from a young age.
ANECDOTE

Dorm Room to Company Founder

  • Michael Dell started upgrading IBM PCs as a dorm-room business during his freshman year at the University of Texas.
  • He ultimately dropped out shortly before the semester ended to incorporate and grow Dell into a company.
ANECDOTE

Signs of Growth in Late 80s

  • In the late '80s, seeing Fortune 10 companies using Dell computers signaled real growth potential.
  • The company sustained massive compounded growth, despite setbacks, proving lasting success possible.
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