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From the time I was 7, when I purchased my first calculator, I was fascinated by the idea of a machine that could compute things.
Michael Dell
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Michael Dell
Age: 59
Born: 1965
Born: February 23
Businessman
Computer Scientist
Entrepreneur
Financier
Houston
Texas
Michael Saul Dell
Ideas
Compute
Firsts
Calculators
First
Purchased
Things
Fascinated
Time
Machine
Machines
Technology
Idea
Calculator
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We've found that customers are very open. They'll tell you what's going on, what's working and what's not. They're looking for help.
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Collaboration equals innovation.
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By questioning all the aspects of our business, we continuously inject improvement and innovation into our culture.
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Don’t be afraid to fail. Get out there and experiment and learn and fail and get a rate based on the experiences you have. Go for it and when you go for it you’ll learn what you’re capable of, what the potential is, where the opportunities are, but you can’t be afraid to fail because that’s when you learn.
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There's always an opportunity to make a difference
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I had to give it a full go and see what happened.
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I'm pretty active anyway, but I'm also competitive.I used my Fitbit as an example of the innate power of data to turn information into insights and actions.
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I believe that you have to understand the economics of a business before you have a strategy, and you have to understand your strategy before you have a structure. If you get these in the wrong order, you will probably fail.
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It had always made sense to me to build a business based on what people really wanted, rather than guess what we thought they might want.
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People ask me all the time, 'How can I become a successful entrepreneur?' And I have to be honest: It's one of my least favorite questions, because if you're waiting for someone else's advice to become an entrepreneur, chances are you're not one.
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The idea of being all things to all people is a thing of the past.
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Americans are known for their strength, fortitude, and generosity in times of need. We encourage people in the U.S. and everywhere to give with their hearts, reach out to these victims, and donate what they can to the relief efforts.
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I'm a big believer in online communities and in user-generated content.
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Don't spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.
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I always knew I wanted to run a business someday.
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It's through curiosity and looking at opportunities in new ways that we've always mapped our path at Dell. There's always an opportunity to make a difference.
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If you don't have jobs, it's hard to have other things like health and education.
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We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas.
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If we have 99% [market] share of Ford Company, the question to us is 'How do we improve the customer satisfaction in order to get that additional 1% share?
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If you want to sustain excellence over a long time, you'd better come up with a system that works well. Anyone can sprint for a little while, but you can't sprint for forty years.
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