While at university he started a computer company called PC's Limited. The success of the company enabled him to drop out of the university at the age of 19, and run PC's Limited, which later became Dell, Inc.
Through many challenges Dell survived the race to become the most profitable PC manufacturer in the world, with sales of $49 billion and profits of $3 billion in 2004. (source)
Over the years Michael Dell has been voted both "Entrepreneur of the Year" from Inc. magazine and "Man of the Year" from PC magazine. As of 2009, Forbes estimates Dell's net worth at $12.3 billion.
In this video Dell talks about his innovative ideas to combat challenges, and presents the invaluable advice of being prepared to make mistakes, try new ideas, and be willing to adapt to the circumstances.
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