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BILLIONAIRES CORNER: MICHAEL DELL

BILLIONAIRES CORNER: MICHAEL DELL

BILLIONAIRES CORNER: MICHAEL DELL

While Michael Dell may not be a household name, chances are you know of or own a Dell computer. Dell created the company in 1984 when he was a college student. To launch his company, Dell dropped out of college that year, and with $1000 in startup money from his family and additional cash he had saved from part time jobs, Dell started PCs Limited, which would ultimately morph into Dell Computer Corporation. By the time he was 27, Dell’s company was listed as one of Fortune’s top 500 companies. Fast forward to 2020: Michael Dell is currently reported to be worth $27 billion, making him the seventh wealthiest man in the world. Here are some quotes about business and life from perhaps the world’s most successful college dropout:

On seizing opportunity:
“Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.”

On finding your passion in life:
“Whether you’ve found your calling, or if you’re still searching, passion should be the fire that drives your life’s work.”

On personal happiness:
“If you’re happy, that’s probably the most important thing. Everyone probably has their own definition of success, for me it’s happiness.”

On success:
“You don’t have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.”

On entrepreneurship:
“Real entrepreneurs have what I call the three Ps (and, trust me, none of them stands for ‘permission’). Real entrepreneurs have a ‘passion’ for what they’re doing, a ‘problem’ that needs to be solved, and a ‘purpose’ that drives them forward.”

On challenging yourself:
“Never try to be the smartest person in the room. And if you are…I suggest you invite smarter people or find a different room.”

On failure:
“Recognize that there will be failures and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.”

On relationships:
“We are all gifts to each other, and my own growth as a leader has shown me again and again that the most rewarding experiences come from my relationships.”

On fear:
“The very thing you fear could be the best thing to ever happen to you.”

On integrity:
“Each day that you’re moving toward your dreams without compromising who you are, you’re winning.”

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