Michael Dell

United States
Born on 23 Feb 1965
Business Magnate, Investor, Philanthropist, Author

Quotes



It used to be that you would do things yourself... you felt you had to have control and you could not necessarily get the other things from other partners. But now... it is much easier to connect suppliers and customers... we no longer have these closed business systems, we have more collaborative business systems.
Instead of vertical integration, we have a kind of virtual integration that is taking hold. It shows up in the efficiency of companies. Our company, for example, has a return on invested capital of roughly 290 per cent which... is significantly above our cost of capital... This says there is a fair bit of competitive power in a model like this.
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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."
Essays