MICHAEL

"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."-Michael Dell
 Michael Dell, is a fantastic example of a successful entrepreneur. His company is
the very successful computing company Dell.

How He Got Started

Michael Dell, born in Texas in 1965, he was always looking for new ways to earn
money.

At the age of 15, he purchased an Apple IIe laptop, simply to take it apart and see
exactly how it worked.

With $1,000 saved, he began producing computers for his colleagues at university.
At first he did this on a small scale in his garage.

He spent one year at Texas University until his business began to take off and he
dropped out.

In 1984, his first full year in business, he had accumulated $6 billion and by 2000,
Dell was a billionaire.
Michael Dell is now worth $12.3 billion (November 2009)
and Dell’s net worth is $13.5 billion.

The first computer he produced on a production line was

in 1985.

The company produced the first computer of its own

design — the "Turbo PC", which was sold for $795.

His latest model is a hand-held device called the Dell

Streak, which is in competition with the iPad from Apple.
SUCCESSES
He dropped out of university
but this resulted in his favour
with a very successful business.
This was especially successful
as it was a very good time to
enter the market
He started to sell computers on
the internet in 1996 and the
company also launched their
first servers.
FAILURES
The company was growing at
a pace that was too fast for
him to handle. Dell's CFO
resigned, leaving a the
management weak.
Due to this set-back, Dell had
scrapped all its new lines of
notebook computers because
of bad production and had to
hold itself back in the fastest-
growing segment of the PC
market for more than 12
months
Malte Haaning
Founder of Plastic A/S
• Malte Haaning Plastic A/S was founded by Malte Haaning in
1961.

• When there turned out to be a greater demand for beads than

manufacturers at that time were able to cope with, Malte
Haaning decided to give this a go.

• In 1984, the HAMA name was registered as a trademark.

• The product groups gradually came into being as a natural

continuation of product development.

• They sell Hama products to more than 50 countries worldwide.

• Source - http://www.hama.dk/