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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.
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
Facts
Profit
Topic
Always
Focused
Regularly
Watching
Topics
Flow
Gas
Loss
Statement
Along
Cash
Fact
Statements
Running
Driving
Discussed
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The idea of being all things to all people is a thing of the past.
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There is no better catalyst to success than curiosity.
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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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There's always an opportunity to make a difference
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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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Anything that can be measured can be improved
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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.
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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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I'm a big believer in online communities and in user-generated content.
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You don't have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.
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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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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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Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.
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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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If you don't have jobs, it's hard to have other things like health and education.
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Whether you've found your calling, or if you're still searching, passion should be the fire that drives your life's work.
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There are a lot of things that go into creating success. I don't like to do just the things I like to do. I like to do things that cause the company to succeed. I don't spend a lot of time doing my favorite activities.
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