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Michael Dell Notes - magazine • In 1999 Michael and Susan...

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In a bid to enter business early, he applied to take a high school equivalency exam at age eight. Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer. While making cold calls, Dell observed that newlyweds and people moving into new homes were most likely to buy a subscription. He targeted this demographic group by collecting names from marriage and mortgage applications. Dell earned $18,000 that year, exceeding the annual income of his history and economics teacher. While a pre-med student at the University of Texas at Austin , Dell started an informal business upgrading computers in room 2713 of the Dobie Center residential building "Entrepreneur of the Year" (at age 24) from Inc.
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Unformatted text preview: magazine • In 1999, Michael and Susan Dell established the Michael and Susan Dell Foundation, which focuses on children’s causes. By 2010, the foundation had committed more than $530 million to assist nonprofit organizations serving urban communities in the United States and India. [26] The foundation has also provided $65 million in grants to three health-related organizations associated with the University of Texas: the Michael & Susan Dell Center for Advancement of Healthy Living, the Dell Pediatric Research Institute, and the Dell Children’s Medical Center, as well as funding for a new computer science building on the University of Texas campus. Michael Dell has an innate characteristic of being business savy,...
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