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Back to Dell Computers: Michael Dell (2018), with Dell Computers & Michael Dell.

How Much Was Dell Making at Age 21?

At 21, Michael Dell was already running a company making about $60 million a year. Guy Raz says that was just the beginning for Dell Computers. A college freshman turned a dorm room side hustle into one of the biggest computer makers in the world. While he was supposed to be in college, the dorm room business was already thriving: he bought computers, souped them up with more capability, and resold them. He advertised and bid on state contracts, and he does not really remember how he figured the work out.

Back in the 1980s, before people used the word startup and before founders such as Mark Zuckerberg, Evan Spiegel, or Katrina Lake, the dorm room story people knew was Michael Dell's. Today the company is enormous, at a scale of billions of dollars. Dell has sold more than 650 million computers since Michael Dell founded it in 1984.

The surprising part is Michael Dell himself. He is not a back-slapping sales guy. He does not come across as particularly charismatic. He is on the quiet side, maybe even a little shy.

Grokipedia·Dell·Guy Raz

Transcript

Dell Computers: Michael Dell (2018) ·

How I Built This with Guy Raz

More from this episode

  1. How Did Michael Dell Make Over $18,000 at 17?At about 17, Michael Dell made a little over $18,000 in a year mailing Houston Post offers to new marriage-license applicants.
  2. How Was Dell Twice as Fast for Half the Price?Michael Dell sold a 12 MHz 286 computer for $1,995 while IBM sold a 6 MHz 286 for $3,995.
  3. How Soon Did Dell's On-site Service Double Sales?Michael Dell says Dell's on-site service doubled sales after about three months.
  4. Why Was Dell Told to Stop Making Computers?Michael Dell says a letter from the Federal Communications Commission told Dell to stop making computers.
  5. Why Did Dell Go Public in 1988?Michael Dell took Dell public in 1988 because the company needed the capital. Dell was only four years old and growing at like 80% per year.
  6. What Was Dell's Olympic Project?Olympic was Dell's wildly ambitious engineering program. The technical leap was too big, and the project failed.

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