At the age of 19 with $ 1,000 in start up capital Micheal Dell founded Dell Computer with simple vision and business concept – that Personal computer could built toorder and sold directly to customer.He believed that:1.Bypassing distributors and retail dealers eliminated the markups of reseller.2.Building to order greatly reduced the costs and risks associated withcarrying large stock of parts, components and finished goods.
Dell build and design the first computer system
Dell had raised $ 30 Million in it’s IPO. At this time his capital is $ 85 Million.
Dell had a 12% share of PC market in US and became one of market leader incomputer business with Compaq and IBM until now.