Michael Dell essays

Michael Dell essays Entrepreneurship is defined as a person who takes all the risk in the business to start. Michael Dell is just that he had an idea for selling and manufacturing. In this paper this will be discussed from the beginning till the end exactly what he went through and what he got out of taking that risk and presenting something new to the world. First of all Michael dell was born in February 25th, 1965 ing Houston Texas. The way his story sounds reads like a business fairytale. He attended the University of Texas, he had nothing but an idea on his mind no way to fulfill it no money to fund it. He wanted to become a Doctor or to own his own little business his preference was an electronic store but like any other college student he had no money. One day he was sitting in his bedroom at his parents house, with an apple computer he got to thinking about the purchase of computers and that there was always a middleman and the extra cost of accessories. He started to take apart the Apple Computer to get acquainted to the heart of the computers. Then it dawned on him that he can sell computers directly to the customer without the unnecessary middleman so he can keep the production cost low. So he started selling the computers directly from his dorm room. After setting all this up he got an even better idea, customization of the P C to the Customers need. Prior to this, there was no such thing as computer customization. You bought it the way it was built and a rush delivery service straight to the customers. He then started the dell dormComp Service, where he started to sell, repair, and customize computers for his College buddies. This was his primary way of earning money for the extra needs. Second of all he then founded the Dell Corporation with $ 1000 in 1984.He entered into the computer industry as an underdog competing with such companies as IBM and Apple, they saw dell as a minor threat. It took Dell a little while ...