Michael Dell explains how to start a business, and keep it going
Michael Dell founded his company 33 years ago, in his dorm room as a freshman at the University of Texas, Austin. He had $1,000 to buy PC parts, and took orders over the phone. After that, it ballooned like crazy — making Dell Computer one of the fastest-growing companies ever. The stock price went on a dizzying tear throughout the 1990s, roughly doubling...