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David Robert Dell is an American business entrepreneur who created Dell Inc., which is the world’s largest company in the sales of personal computers (PCs). In his current position, he serves as the Chairman and CEO of the firm that he created more than three decades ago as Dell Computer Corporation. He is one of the wealthiest persons on the planet, and he has billions of dollars invested in other businesses as well. His father worked in the financial industry, and he spent his childhood listening to his parents debate business and economic concerns. He was an educated young boy who showed an early interest in business.
As a teenager, he obtained a little fortune by selling his stamp collection, which he had acquired as a child. He worked a number of part-time jobs and used the money he earned to invest in equities and precious metals, among other things. He was 15 when he received his first computer, which he promptly disassembled to learn how it worked. He was born with an insatiable curiosity and a passion for technology. In his senior year of high school, he sold subscriptions to the ‘Houston Post,’ and earned $18,000 in one year. He came up with the idea of selling personal computers while in college and decided to leave school in order to pursue his dream. He proved to be an extremely successful businessman, and Dell Inc. expanded to become one of the world’s largest sellers of personal computers over the course of the next several years.
Michael Dell was born on February 23, 1965, in Houston, Texas, to a household of Jewish parents. Father Alexander Dell worked as an orthodontist, while his mother Lorraine Charlotte (née Langfan) worked as a stockbroker in the financial industry. Herod Elementary School in Houston was where he acquired his primary educational training. The young man was a brilliant young lad who, thanks to his stockbroker mother, learned about numerous facets of financial issues and acquired an early interest in business.
He had a strong desire to get money and worked at a variety of odd jobs as a teenager. He also sold his stamp collection for $2000, which was a significant amount of money for such a young person. For his age, he was unusually mature and entrepreneurial, and he used his earnings to invest in stocks and precious metals.
During his adolescent years, he was drawn to technology, and he purchased his first computer when he was 15 years old. He dismantled it in order to examine the components and figure out how it operated.
During his senior year at Memorial High School in Houston, he began selling subscriptions to the ‘Houston Post’ during the summer vacations from school. As a result of seeing that the process of making cold calls was ineffective, he designed a new marketing strategy that proved to be significantly more effective. Within a year, he had earned $18,000, which was more than some of his school teachers had earned in the same period of time.
Even while pursuing a pre-medical degree, he maintained his entrepreneurial aspirations. He began an informal business in his living room, assembling and selling upgrade kits for personal computers. He worked from home for a while. His firm was doing exceptionally well, and he eventually decided to discontinue his studies in order to dedicate more attention to his company. In January 1984, Michael Dell established his company, which was known as “PC’s Limited.” Dell Computer Corporation was established in May 1984 as a result of his decision to rename the corporation. By this time, his company had grown to include a small number of employees who took orders, filled them, and helped him upgrade the company’s basic machines.
In order to better serve his customers, Dell placed a strong emphasis on providing high-quality goods and exceptional customer service. His convictions were vindicated, as the company’s revenues increased by orders of magnitude in the following months. By 1985, the company had also begun to develop and build computers using components that it had obtained.
Dell introduced a 12-megahertz 286 CPU in 1986, making it the fastest personal computer available at the time. The price of this machine was competitive with that of a competing computer made by IBM, and it was a major commercial success. The product received rave reviews, and the company’s sales soared to $60 million in the first year after its introduction.
Over the next few years, the business’s revenues increased, and by 1992, the company was included in Fortune magazine’s list of the world’s top 500 corporations. Dell was the CEO of one of the most successful corporations in the world at the time, despite the fact that he was just 27 years old.
Dell saw the necessity for an online presence in the 1990s and developed www.dell.com in 1994, which is still active today. Online pricing was first offered in 1995, and by 1996, the corporation was actively engaged in online sales and marketing. Soon after, internet sales reached approximately $1 million per day, and by 2000, they had increased to $50 million per day.Even while pursuing a pre-medical degree, he maintained his entrepreneurial aspirations. He began an informal business in his living room, assembling and selling upgrade kits for personal computers. He worked from home for a while. His firm was doing exceptionally well, and he eventually decided to discontinue his studies in order to dedicate more attention to his company. In January 1984, Michael Dell established his company, which was known as “PC’s Limited.” Dell Computer Corporation was established in May 1984 as a result of his decision to rename the corporation. By this time, his company had grown to include a small number of employees who took orders, filled them, and helped him upgrade the company’s basic machines.
Dell introduced its first servers in 1996, followed by storage goods the following year. The MSD Capital L.P. was established in 1998 to oversee the family’s investment interests, which include publicly traded securities, private equity investments, and real estate. He has also been active in the community.
Career
Michael Dell resigned from his role as CEO of Dell in 2004, but he retained his position as chairman of the company. He returned to the company as CEO in 2007 at the invitation of the board of directors.
In 2010, Dell Inc. agreed to pay a $100 million penalty to settle accusations of accounting fraud filed by the Securities and Exchange Commission in connection with hidden payments from Intel Corporation. At the time, he was the subject of intense media investigation.
He is the creator of Dell Inc., a computer technology firm that is one of the greatest technological corporations in the world, with more than 103,300 employees in more than 100 countries around the world. Dell Inc., a company that is internationally famous for its innovations in supply chain management and electronic commerce, is currently the world’s largest shipper of personal computer displays.
In 1993, he was selected CEO of the Year by Financial World, in 1998, by Industry Week, and in 2003, by Chief Executive magazine (2001).
He is also the recipient of the Bower Award for Business Leadership from the Franklin Institute, which he received in 2013.From 1817 to 1832, he worked as a millwright in Manchester, where he collaborated with James Lillie on several projects. At 1835, he founded a shipbuilding yard in Millwall, London, where he built several hundred vessels throughout the course of his career. Lancashire boiler with twin flues was first introduced by him in 1844. Wrought iron was invented by him and he was the first to employ it for ship hulls, bridges, mill shafting, and structural beams. His research also included experimenting with the strength of iron as well as the relative benefits of hot and cold blasting in the production of iron. The Britannia Bridge, employing a type of box girder or plate girder that came into worldwide use, was partly riveted by hydraulic machines designed by Fairbairn.
In 1999, Michael Dell and his wife Susan formed the Michael and Susan Dell Foundation, which continues to this day. Among the issues that the foundation supports are urban education, children health, and family economic stability. To date, the foundation has awarded contributions totaling $65 million to three health-related organisations. Towards the end of 2010, the foundation had committed more than $650 million to children’s issues and community initiatives in the United States, India, and South Africa, according to its website.
American entrepreneur, businessman, and author Michael Dell was born on February 23, 1965, in the Texas city of Houston. He is best known as the founder and CEO of Dell Inc., which is one of the world’s leading sellers of personal computers (PCs). Dell Technologies, the company’s newly formed parent company, appointed him as CEO in 2016.
Dell founded his computer company (formerly known as PCs Limited) in 1984 while still a student at the University of Texas at Austin with $1,000 in start-up cash. Dell had sold $80,000 worth of laptops by the second half of his first year at the university. He walked out of college at the age of 19 to focus solely on running his company, which eventually went public in 1988. When the product line expanded to include more than personal computers, PCs Limited evolved into the Dell Computer Corporation, and eventually into Dell Inc.
Dell’s business concept was to acquire market share in the personal computer market by cutting costs, shortening delivery times, and delivering exceptional customer service at the same time. In order to accomplish this, he employed experienced executives, both to fill business positions and to serve as personal mentors, and he placed a strong emphasis on direct sales outside of traditional retail locations. Dell became the youngest CEO in history when his company was named to Fortune magazine’s list of the top 500 firms in 1992, making him the youngest CEO in history. During the course of his book Direct from Dell: Strategies That Revolutionized an Industry (published in 1999), Dell recounted the history of the company and gave strategies that were relevant to all organisations.
Dell stepped down as CEO of the company in 2004, but he retained his position as chairman of the board. He was a member of the World Economic Forum’s Foundation Board and the International Business Council’s executive committee, among other organisations. He also served on the Council of Advisors on Science and Technology for the President of the United States, and he was a member of the governing board of the Indian School of Business in Hyderabad.
After suffering a series of setbacks in 2006, including a 4.1-million-unit recall and a restructuring of the customer care business, which was plagued by complaints, Dell Inc. was forced to relinquish its position as the world’s largest PC manufacturer to Hewlett Packard. To address this, Dell was returned as CEO in 2007 to supervise Dell 2.0, a comprehensive overhaul of the firm that saw the emphasis shift away from personal computers and toward enterprise software and services, as well as other electronic gadgets. Although the company struggled, Dell declared in 2013 that it would buy out investors and take the company private, a move that has since been implemented. As a result of the price of the shares, a fierce dispute with stockholders, led by Carl Icahn, began. Dell and the investment group Silver Lake Partners eventually purchased the computer manufacturer in 2013 for about $25 billion, according to reports. In 2016, he handled the acquisition of Dell by EMC, a computer-storage business, for around $67 billion, which was then the largest technology transaction in history. Dell became the CEO of Dell Technologies, which became a publicly traded corporation.
Dell and his wife, Susan, established the Michael & Susan Dell Foundation in 1999 to handle the Dell family’s investments and philanthropic initiatives, which continues to this day. Dell dedicated some of his personal riches to aid children all over the world through the Dell Foundation, which focuses on health, education, safety, youth development, and early childhood care among other things. When the tsunami struck southern Asia in 2004, the foundation, which had amassed an endowment of more than $1 billion by 2005, made a significant donation to victims of the disaster. The University of Texas at Austin received a $50 million donation from the company in 2006. Personal computer (PC) manufacturer Dell Inc., originally known as PC’s Limited (1984–88) and Dell Computer Corporation (1988–2003), is a multinational corporation that designs, develops, and manufactures personal computers (PCs) as well as a number of computer-related goods. The firm is a top supplier of personal computers in the world. Dell’s headquarters are in the Texas city of Round Rock.
It was in 1984 when American Michael Dell, who was then a student at the University of Texas in Austin, launched the company, which was formerly known as PC’s Limited. Dell began as a small firm operating out of a dorm room, specialising in customised upgrades for personal computer systems. Dell walked out of college the following year to start his own PC manufacturing company after the venture proved profitable. Dell introduced the Turbo PC in 1985, which was the company’s first computer to be designed entirely by Dell. Based on the notion of designing and selling custom-built personal computers directly to users, the company began selling its goods through commercials and mail-order catalogues in the early 1990s. Dell was able to offer high-quality PCs at low prices because it was able to sidestep the expenditures associated with traditional retail distribution channels. Dell placed a strong emphasis on customer service, dispatching specialists to service computers and instituting a policy of risk-free returns. This business model proved to be effective, and the company flourished swiftly, eventually branching out into international markets as well. In 1988, the company, which had been renamed Dell Computer Corporation, went public.
Dell introduced the 316LT, the company’s first laptop computer, in 1989. The developments in Dell’s mobile technology during the following years were particularly notable. In 1991, Dell introduced the world’s first colour notebook computer, and the following year, the business became the first to sell lithium-ion batteries with a lengthy life span. Dell began selling personal computers on the internet in 1996, and the company also uses the Internet for customer service. Dell Computer Corporation surpassed Compaq Computer Corporation as the leading seller of personal computers in the United States in 1999, thanks to online sales.
During his adolescent years, he was drawn to technology, and he purchased his first computer when he was 15 years old. He dismantled it in order to examine the components and figure out how it operated.
During his senior year at Memorial High School in Houston, he began selling subscriptions to the ‘Houston Post’ during the summer vacations from school. As a result of seeing that the process of making cold calls was ineffective, he designed a new marketing strategy that proved to be significantly more effective. Within a year, he had earned $18,000, which was more than some of his school teachers had earned in the same period of time.
Michael Dell understood from a young age that he wanted to pursue a career in business ownership. His parents, on the other hand, desired him to pursue a career in medicine, and so he enrolled in the University of Texas at Austin in 1983.
Even while pursuing a pre-medical degree, he maintained his entrepreneurial aspirations. He began an informal business in his living room, assembling and selling upgrade kits for personal computers. He worked from home for a while. His firm was doing exceptionally well, and he eventually decided to discontinue his studies in order to dedicate more attention to his company. In January 1984, Michael Dell established his company, which was known as “PC’s Limited.” Dell Computer Corporation was established in May 1984 as a result of his decision to rename the corporation. By this time, his company had grown to include a small number of employees who took orders, filled them, and helped him upgrade the company’s basic machines.
As of the beginning of the twenty-first century, Dell’s product line has extended to encompass televisions, digital cameras, and a number of computer-related items. The firm was renamed Dell Inc. in 2003 to reflect its expansion into the broader consumer electronics market at the time. After a period of decline in the market, Dell was purchased by Michael Dell and the private equity firm Silver Lake Partners in 2013 for a total of $25 billion, bringing the company back into private hands. EMC, an American enterprise that specialised in data storage, was acquired by the company and an investment firm in 2016 for an undisclosed sum. The merger, which was valued at around $60 billion at the time, was the largest technology transaction in history. An industry is a collection of productive firms or organisations that manufacture or supply goods, services, or sources of money to the general public. Generally, in economics, industries are divided into four categories: primary industries, secondary industries, tertiary industries, and quaternary industries; secondary industries are further divided into two categories: heavy and light industries.
Agriculture, forestry, fishing, mining, quarrying, and mineral extraction are all examples of industries that fall under this category in a country’s economy.
Agriculture, forestry, livestock management, and fisheries are all examples of genetic industries, and all of them are subject to scientific and technological advancements in the use of renewable natural resources.
Primary industry tends to predominate in the economies of developing and developing countries, but when secondary and tertiary sectors expand, primary industry’s share of total economic output tends to diminish.
A subset of this sector, known as the manufacturing industry, is responsible for (1) processing raw materials supplied by primary industries into consumer products, (2) further processing goods that have been transformed into products by other secondary industries, and (3) constructing capital goods that are used in the manufacture of consumer and nonconsumer products. Construction and energy-producing sectors (such as hydroelectric power plants) are also included in the category of “secondary industry.”
Heavy industry, also known as large-scale industry, and light industry, sometimes known as small-scale industry, are two types of secondary industry. Massive investment in plants and machinery is required by large-scale industry, which typically serves a large and diverse market that includes other manufacturing industries, has a complex industrial organisation and frequently employs a highly skilled and specialised labour force, and generates a large volume of output. Petroleum refining, steel and iron manufacturing (see metalwork), motor vehicle and heavy machinery manufacturing, cement production, nonferrous metal refining, meat packaging, and hydroelectric power generating are examples of industries that fall under this category. A subset of this sector, known as the manufacturing industry, is responsible for (1) processing raw materials supplied by primary industries into consumer products, (2) further processing goods that have been transformed into products by other secondary industries, and (3) constructing capital goods that are used in the manufacture of consumer and nonconsumer products. Construction and energy-producing sectors (such as hydroelectric power plants) are also included in the category of “secondary industry.”
Heavy industry, also known as large-scale industry, and light industry, sometimes known as small-scale industry, are two types of secondary industry. Massive investment in plants and machinery is required by large-scale industry, which typically serves a large and diverse market that includes other manufacturing industries, has a complex industrial organisation and frequently employs a highly skilled and specialised labour force, and generates a large volume of output. Petroleum refining, steel and iron manufacturing (see metalwork), motor vehicle and heavy machinery manufacturing, cement production, nonferrous metal refining, meat packaging, and hydroelectric power generating are examples of industries that fall under this category. A subset of this sector, known as the manufacturing industry, is responsible for (1) processing raw materials supplied by primary industries into consumer products, (2) further processing goods that have been transformed into products by other secondary industries, and (3) constructing capital goods that are used in the manufacture of consumer and nonconsumer products. Construction and energy-producing sectors (such as hydroelectric power plants) are also included in the category of “secondary industry.”
Heavy industry, also known as large-scale industry, and light industry, sometimes known as small-scale industry, are two types of secondary industry. Massive investment in plants and machinery is required by large-scale industry, which typically serves a large and diverse market that includes other manufacturing industries, has a complex industrial organisation and frequently employs a highly skilled and specialised labour force, and generates a large volume of output. Petroleum refining, steel and iron manufacturing (see metalwork), motor vehicle and heavy machinery manufacturing, cement production, nonferrous metal refining, meat packaging, and hydroelectric power generating are examples of industries that fall under this category. In light industry, or small-scale industry, nondurability of manufactured products, a smaller capital investment in plants and equipment, as well as the production of nonstandard products such as personalised or handcrafted items, are all characteristics of the industry. Depending on the industry, the labour force can be either low-skilled (as in textile work and apparel manufacturing), medium-skilled (such as food processing) or high-skilled (as in electronics and computer hardware manufacturing, precision instrument manufacturing, gemstone cutting and artisan work).
Although not generating tangible things, this wide sector (also known as the service industry) encompasses industries that provide services or intangible gains or produce money despite not producing any tangible goods at all. Private and public firms are both represented in this sector in general.
This sector includes a variety of industries, including banking, finance, insurance, investment, and real estate services; wholesale, retail, and resale trade; transportation; professional, consulting, legal, and personal services; tourism, hotels, restaurants, and entertainment; repair and maintenance services; and health, social welfare, administrative, police, security, and defence services.
Quaternary industry is an extension of tertiary industry that is generally classified as a separate sector. It is concerned with products and services that are information-based or knowledge-oriented in nature. It is similar to the tertiary sector in that it is made up of a mix of private and public ventures. Information systems and information technology (IT), research and development, including technological development and scientific research, financial and strategic analysis and consulting, media and communications technologies and services, and education, including teaching and educational technologies and services, are some of the industries and activities in this sector. Information systems and information technology (IT) are also included in this sector.
Originally known as Sir William Fairbairn, 1st Baronet of Ardwick, he was a Scottish civil engineer and inventor who was born on February 19, 1789, in Kelso, Roxburghshire [now in the Scottish Borders], Scotland, and died on August 18, 1874, in Moor Park, Surrey, England. He was a pioneer in bridge design as well as in testing iron and discovering new applications for it.
From 1817 to 1832, he worked as a millwright in Manchester, where he collaborated with James Lillie on several projects. At 1835, he founded a shipbuilding yard in Millwall, London, where he built several hundred vessels throughout the course of his career. Lancashire boiler with twin flues was first introduced by him in 1844. Wrought iron was invented by him and he was the first to employ it for ship hulls, bridges, mill shafting, and structural beams. His research also included experimenting with the strength of iron as well as the relative benefits of hot and cold blasting in the production of iron. The Britannia Bridge, employing a type of box girder or plate girder that came into worldwide use, was partly riveted by hydraulic machines designed by Fairbairn.
| Michael Dell Contact Address, Phone Number, Email ID, Website | |
|---|---|
| Email Address | info@msdf.org |
| https://www.facebook.com/MichaelSDell | |
| Fanmail Address (residence address) | Houston, Texas, U.S. |
| Instagram Handle | https://www.instagram.com/michaeldell/ |
| Phone Number | +1 (512) 600-5586. |
| Snapchat Id | NA |
| Spotify | NA |
| Texting Number | NA |
| https://twitter.com/michaeldell?lang=en | |
| Whatsapp No. | NA |
How to get Michael Dell Contact Information:
Michael Dell Facebook Fan Page: https://www.facebook.com/MichaelSDell
Michael Dell Instagram Profile: https://www.instagram.com/michaeldell/
Michael Dell Twitter Handle: https://twitter.com/michaeldell?lang=en
Michael Dell YouTube Channel: https://www.youtube.com/watch?v=qYyJVRRTLlk
Michael Dell Official Website: NA
Michael Dell Contact Details:
Michael Dell WhatsApp Contact Details: +1 (512) 600-5586.
Michael Dell Address: Houston, Texas, U.S.
Michael Dell Phone Number: NA
Michael Dell Office address: NA
Michael Dell Office Email Id: info@msdf.org
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