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Must-read entrepreneurial tips

March 3, 2009

  • It's customers that made Dell great in the first place, and if we're smart enough and quick enough to listen to customer needs, we'll succeed.

  • I learned very early to surround myself with talented people who challenge convention, offer new ideas and relentlessly drive for improvement. And to let those people thrive. Try never to be the smartest person in the room. And if you are, I suggest you invite smarter people... or find a different room.

  • Don't spend so much time trying to choose the perfect opportunity that you miss the right opportunity.

  • There are a lot of things that go into creating success. I don't like to do just the things I like to do. I like to do things that cause the company to succeed. I don't spend a lot of time doing my favourite activities.

  • One of the things I benefitted from when I started this business was that I didn't know anything. I was just instinct with no preconceived notions. This enabled me to learn and change quickly without having to worry about maintaining any kind of status quo, like some of my bigger competitors.

    Image: Michael Dell delivers a speech during Dell Platinum Advisory Council in Shanghai. | Photograph: Nir Elias/Reuters

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