How Michael Dell convinced his folks that he shouldn’t continue college.
In 1984, a young Michael Dell was attending University of Texas at Austin.
With just $1,000 in his pocket, the inception of Dell Computers took place in the the confined space of his dorm room.
He initiated his venture, assembling and selling computer systems to fellow students. The business model was simple yet revolutionary for its time: bypass the middleman and sell directly to consumers.
As the venture started showing promising signs of growth, Michael was at a crossroads. The decision was daunting: continue with a conventional college education or dive deep into the unpredictable entrepreneurial waters.
With an earnings statement, a business blueprint and unyielding conviction, he approached his parents, persuading them that the college classroom was too small for his expansive dreams.
The rest, as they say, is history. It marked the beginning of a journey that would eventually redefine the contours of the industry.
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Data: Michael Dell’s X wall