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How I Built This with Guy Raz

Dell Computers: Michael Dell (2018)

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 6 January 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

Before it became fashionable to start a tech company in your dorm room, Michael Dell did exactly that. In 1983, he began selling upgrade kits for PC's out of his dorm at UT Austin. A few months later he dropped out of school to focus full time on the PC business. At age of 27, he became the youngest CEO to head a Fortune 500 company. Today, Dell has sold roughly 700 million computers. PLUS in our post-script "How You Built That," we check back with Vanessa and Casey White, who turned their grandfather's pierogi recipe into Jaju Pierogi, hand-made Polish dumplings that are sold across the Northeast. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, Prime members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:27.0

Hey, and Happy New Year, everyone!

0:29.0

Okay, now just for a moment, think of yourself at the age of say 21 or 22.

0:35.0

Maybe you're just at a college or you're in the first few months of a new job.

0:39.0

You've got a roommate or two, you're trying to save a bit of money, whatever.

0:43.0

Okay, now think about Michael Dell.

0:45.0

At the age of 21, he was already running a company that was making like $60 million a year, which every time I say this just still seems crazy to him.

0:55.0

I mean, 21 years old, $60 million, and that was just the beginning for Dell computers.

1:01.0

This story of how Michael built his company, it's a kind of thing that makes you feel like almost anything is possible.

1:08.0

This episode first ran in January of 2018.

1:12.0

You know, here I am, supposed to be going to college, and I've got this thriving business in my dorm room.

1:20.0

I was buying computers and souping them up with more capability and then reselling them.

1:30.0

So, I advertised, I bid on state contracts.

1:34.0

How did you know I'd do all that?

1:36.0

You know, I don't really remember how I figured that out, but I somehow figured it out.

1:40.0

Brahmin VR, it's how I built this, a show about innovators, entrepreneurs, idealists, and the stories behind the movements they built.

1:56.0

I'm Guy Ross, and on the show today, how a college freshman turned a dorm room side hustle into Dell, one of the biggest computer makers in the world.

...

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