Dell founder Michael Dell reveals the 'one page' that convinced parents to let him drop out of college
The earnings statement showed that Dell Computer Corporation generated total revenue of $888,821 during the three months ending 31 July 1984.
Michael Dell, the founder of Dell Technologies, has revealed the financial document that convinced his parents to allow him to drop out of college. In a post on X, he shared Dell Computer Corporation's earnings statement for the three months ending July 31, 1984. The one-page document, Dell wrote, changed his life by convincing his parents that he should not return to university.
At the time, Dell was only 19 years old and had already started upgrading personal computers from his dormitory. The earnings statement revealed total revenue of $888,821 and a gross profit of $198,367, showcasing the company's strong early performance. Today, Dell Technologies is one of the world's largest technology companies, with a net worth of $229.2 billion, according to Forbes.
Dell's post garnered significant attention on X, with many users praising his entrepreneurial success and reflecting on the impact of taking risks.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
