Top 5 startup lessons to learn from Michael Dell
Abhi Golhar
Keynote Speaker | Managing Partner at Meridian 84 | Driving Big Business Breakthroughs by Leveraging Doubt into Innovation and Transformation
One thing that every successful business person has in common is their ability and desire for hard work. Hard work pays off, and the best businesses in this world are those that have been built on a foundation of effort. If you want something done right then go ahead and put your all into it!
Michael Dell is proof that you can indeed become successful if your heart's in the right place. The man himself says he always knew he wanted to run a business someday, so it makes sense then why his advice focuses on finding out what type of company one wants and working hard towards making their dream come true!
Here are the top 5 startup lessons to learn from Michael Dell:
Innovation is key
The key to success for any business is innovation. This idea has been proven time and again as it's responsible for creating new products, services or brands that help grow your company from startup into powerhouse status with efficiency! Dell's innovations too were key to its success. It created the first custom computer factory system, which allowed customers for years on end with one company to have their own personal computers made just how they wanted them-without having any technical knowledge!
Curiosity can lead you down new paths
Dell believes that the curiosity to explore new things, keep moving forward and find answers is what drives us as entrepreneurs. We're always looking for the next big idea that will help fuel our fire in this ever-changing world of business! We explore, experiment and keep moving forward because curiosity leads us down new paths where the answers to life’s questions lie- something no big company can offer you!
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Learn from people around you
You may think you have all the answers to your startup's success, but there's always someone out there who can help. Maybe even somebody from an unexpected place. Dell says the basic people around you which make up for a small lifestyle business are surprisingly similar in nature as those needed when starting up high-tech startups-look around and maybe we've overlooked this otherwise highly qualified mentor that could avoid our mistakes together!
Don’t wait out opportunities
Great entrepreneurs make decisions and take action- they know there are times when things just aren’t going well but their confidence in turning a bad spell into something good with thoughtful execution helps them through these moments of adversity. They can't always do it, but they know when something is not right and opt for the best possible outcome even if that means taking time over quick decisions or belief systems which may lead them astray down one path rather than another.?
Belly up to the bar and take a chance
Risk-taking is often a necessity when starting and running your own business. You can't always control what happens, but there are more opportunities for success if you take risks than not! As an entrepreneur it's important to be willing to do whatever needs doing in order get things done - even if that means rolling up our sleeves, taking on the risk and executing the job.?
M A & B ed. at Deendayal Upadhyay Gorakhpur University
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