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PC Ltd. - $1000 loan Dorm Room at UT, Austin Continued Growth Concept Realization Additional Loan Dell Computer Corporation Drops out of school > Business Full-Time Pact with parents
I had to give it a full go and see what happened. I couldnt resist the opportunity.
1985 1st computer design Turbo PC 1987 Onsite service program & Overseas Expansion 1988 Dell Computer Corp. goes public 1989 - 316 LT -> 1st Notebook
1993 John Medica (of Apple PowerBook fame) roped in to lead design Latitude 1994 Latitude XP launch 1st time Lithium- Ion battery used 1997 Express Charge : Dells first rapid-charge notebook charger. Overtakes Compaq and ships its 10 millionth computer. 2000 Built-in Wi-Fi in notebooks
Business as an Experience in Hands-on Learning Continual Skepticism and doubt The three major mistakes which eventually became the greatest learnings excess parts inventory development of the Olympic computer, introduced in 1990 with technology that far exceeded anything in the industry. entry into the retail market in 1990.
Expand as much as you can handle Dont be a deal Junkie Stick to your core competency Accept your mistakes
Listen to your customer Make it convinient for your customer to give you his inputs Profitability is second most important thing
satisfaction.
Employee should feel like owners in the company Link Company goals to employee performance Dont micro manage Starting or Running a company is never a one man show
Be flexible Keep yours eyes and ears open Learn to give into the change and flow with it Derive strength from change Danger and Opportunity go hand in hand Learn to take decisions with limited information
combination of data, intuition and monitoring the
competitive landscape
Look for opportunities and ways of doing things better they always exist. Believe in what youre doing no matter what happens or whoever doubts you. The only way to win is to follow your own instincts
LAUNCHED DELL YOUTH CONNECT CONTRIBUTED $24 MILLION TO COMMUNITY PROGRAMS. REINSTATED THE GDC(GLOBAL DIVERSITY COUNCIL) CHAIRED BY DELL. OFFERS FREE COMPUTER RECYLING.
125 MILLION EQUIPMENTS FOR RECYLING. OFFERING ENERGY EFFICIENT PRODUCTS. COMPLETED 88 PROJECTS TO SAVE ELECTRICITY.
RELEASED 1ST TIME LIST OF TOP-TIER SUPPLIERS. ACHIEVED BILLION DOLLAR ROUND TABLE.
If you think you can or you cannot, you are always right