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Michael Dell founded one of the world's largest and most profitable computer companies, with sales exceeding $ 50 billion a year and becoming one of the richest in the world, ranking fourth among the wealthiest Americans according to Forbes Magazine 2005 with an estimated $ 18 billion.
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Michael Saul Dell was born on February 23, 1965, in Houston, Texas, and his father was a dentist, while his mother was a money manager. Dell published a book that includes part of his autobiography, "Direct from Dell, Strategies That Revolutionized the Industry." The book explains how Dell converted a $ 1,000 company into a giant company worth more than $ 100 billion. Dell resigned as CEO of his company in 2004, but remained a member of the board.
Creation
According to a report published in the newspaper "Vision Economic" UAE was Dell II in the ranking among his brothers, and cared since childhood computer world, where he bought his first device, "Apple 2", at the age of fifteen, and dismantled to see how it works, and then two years Miss school for a whole week to attend a computer conference. Dell joined the University of Texas and began selling computers and accessories in the dormitory. By the end of the school year, however, he moved into an apartment he owned. Dell stopped studying in 1984 and set up Dell with a capital of less than $ 1,000. Two years later, Dell introduced a 12-megahertz computer at Comdix. The price of the $ 1995 machine competed with the 6Mhz processor at $ 3995.
Four years after the company was set up in 1988, he began dealing with senior clients, including state-owned companies, and Dell managed to raise nearly $ 30 million after his company was offered public subscription. Fortune magazine chose Dell as one of the top 500 companies in 1992, and in 2003 the company was named among the top 10 companies that capture consumer confidence from Wall Street.
Dell launched its first notebook in 1991 and in 1997 shipped 10 million devices worldwide. Today, the company is the largest provider of products and services.
The beginning of the journey
Michael Dell's success story begins before he was caught up in the computer world when he was 13 years old. He took home from his parents' home the activity of exchanging postage stamps through mail orders, and in a few months he made a profit of nearly $ 2,000.
When he was fifteen years old, the young man dismantled his new Apple 2 computer into small pieces, then re-assembled it, and a year later, he sold newspaper subscriptions based on newly married lists, earning more than $ 18,000 , Which enabled him to buy his first car of the type "BMW" and only 18 years old.
University housing
In 1984, Dell enrolled at the University of Texas in Houston. From his bedroom in student dormitories, he founded his company "Pez" to sell IBM-compatible computers, which he assembled himself, and his fellow classmates University who are eager to own a PC that fits their limited budgets.
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Dell's principle at the beginning of his career was to "take the middlemen out of the equation." If he sold directly to the public, he would know their requirements and be able to meet them quickly. He found that the ready-made computer components could be obtained alone at lower prices, so he would assemble them and make a difference Price, Dell built its strategy to provide better service to the public at a lower price.
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Dell's first goal was to outperform IBM.
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In 1985, his company introduced its first PC, Turbo PC, and focused on the new device for direct selling to the public "without intermediaries" and the ability to assemble devices according to what each user wants by group Of the available options.
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He offered users cheaper selling prices than the market, but with greater credibility than if each user had assembled his own machine, although it was not the first company to apply this marketing idea, but BZ was the first to implement it.
He left his university studies to focus on managing his new job full-time. His company made a total profit of over $ 1 million in its first year. In 1987, Dell opened its branch in London, About a year later, Michael changed his company name to Dell.
Competition Arena
1999 was an exceptional year for Dell, surpassing Compaq in becoming the largest computer vendor in the United States. In 2003, the company's shareholders agreed to change its name to Dell Incubration to facilitate the company's entry into the sale of products Other than the computer.
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In March 2004, Dell began entering the multimedia world by working on digital cameras, various types of computers, multimedia players, flat-screen TVs, etc. In the same month, Michael Dell stepped down as CEO, Field to his successor Kevin Rollins to take up the post and follow the march. In 2005, Michael Dell ranked fourth richest man in the United States with a fortune of nearly $ 18 billion, making him the 18th richest man in the world.
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Michael continues to live in Houston with his wife Susan and his four children. In 17 years, the company's total revenue has exceeded $ 40 billion a year. It has more than 40,000 employees, branches in more than 170 countries and more than $ 30 million , And sells one out of every 3 devices sold in the US market, and nearly one out of every five sold in the world.
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Founder of "Dell" began the $ 100 billion a thousand dollars
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