Topic > CEO Michael Dell - 1141

Biographical Information:Good evening, my name is Michael Dell and I am the founder and CEO of Dell, Inc. I am 43 years old and live in Texas with my beautiful wife Susan and our 4 children. Skills, Traits, and Experiences: You may not believe it, but my passion for computers began when I was 15 years old when I took apart an Apple computer and rebuilt it. Of course, there were no classes in high school on how to become an entrepreneur, so I had a lot to learn on my own. Later, while attending the University of Texas, I started a computer company called PC's Limited in my dorm room. When I founded what is now Dell, Inc. My little dorm room company was a success, so at age 19 I dropped out of college to run my own business full time with the help of a small loan from the my grandparents. I had no experience or experience running a business, but at 19 who did. According to Kinicki & Kreinter (2008), trait theorists believed that leadership traits are not innate, but can be developed through experience and learning (p. 348). What I had was business instincts. I wasn't born a businessman and yes, I had quite a few obstacles as I learned along the way; However, I learned that the more mistakes I made, the faster I learned. I tried to surround myself with smart, innovative people and often tried not to make the same mistake more than once. In 1992 I became the youngest CEO ever to head a Fortune 500 company, and by the age of 31 I was a billionaire. In 2004, I stepped down as CEO of Dell, Inc., but remained the chairman of the board and turned the business over to Kevin B. Rollins. There were some problems and Dell, Inc was not as strong as it once was, so I returned as CEO in 2007. According to Kinicki & Kreitner (2008), emphasizing leader behavior, something that is learned, the behavioral style approach makes it clear that leaders are not born. Over the years my entrepreneurial instincts have improved and my business has excelled greatly, growing from a dorm room business to a multi-million dollar empire. Specific challenges and opportunities: