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But by the time he was in junior high, Dell was hooked on computers. Lock Slot: All of Dell's business laptops come with a special slot — called a Kensington lock slot — that lets you physically chain your system to your desk with a cable.

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In the mids, Dell expanded beyond desktop computers and laptops by selling servers, starting with low-end servers. Extended warranties are also available for up to five years, with the option for next-business-day on-site service. Founded: Opinions expressed by Entrepreneur contributors are their own. Dell found an opportunity among PC-savvy individuals who liked the convenience of buying direct, customizing their PC to their means, and having it delivered in days. Dell's parents wanted him to be a doctor. Going Private Since going private in , Dell no longer has a legal obligation to display their earnings or financials to the public. To please his parents, Dell enrolled as a premed student at the University of Texas in , but by then his only real interest was in computers. VPro is a management platform baked right into certain Intel processors, giving you access to laptops at the hardware level. Dell's rivals in the PC industry, HP, Gateway and Acer, had a long retail presence and so were well poised to take advantage of the consumer shift. You just need a framework and a dream. Three years later, Dell passed Compaq as the top provider of Intel-based servers, with 31 percent of the market.

Three years later, Dell passed Compaq as the top provider of Intel-based servers, with 31 percent of the market. Dell took this as a sign it was time to move his burgeoning business off campus.

But in Dell's mind he was just getting started. More from Entrepreneur Corene Summers helps clients advancing their health, careers and lives overall through reducing stress, tension and optimizing sleep.

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Dell's parents wanted him to be a doctor. The ability to manage a powered-down system also helps when you need to locate the system, restrict access to it, or wipe it clean if it's been lost or stolen.

At the age of 12, he was making thousands of dollars in mail order sales to stamp collectors. While he has yet to completely silence his critics, Michael Dell has proven that he has the flexibility, the stamina and the vision to remain at the top of the country's most competitive business, even through the bumpiest of times.

Then he could sell each machine over the phone directly to customers at a 15 percent discount to established brands. That's the most extensive basic warranty you'll find on the market. Growth in the s and early s Originally, Dell did not emphasize the consumer market, due to the higher costs and unacceptably-low profit margins in selling to individuals and households; this changed when the company's Internet site took off in and The strategy worked.

By Investopedia Updated Jun 25, As a large provider of computer products and services across both the business and computer sectors, Dell Inc.

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