Michael Dell's Message To Entrepreneurs, 'Be Crazy!'
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Michael Dell's Message To Entrepreneurs, 'Be Crazy!'

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Bangalore: “Be crazy and don’t seek too much advice on what you propose to do,” says Michael Dell, the man who founded the world’s third largest PC maker — Dell, to budding entrepreneurs in India.

Revealing his mantra for success,  he adds “...entrepreneurs I think have to be a little bit crazy, at least in the eyes of others.”The CEO?of the company opines that successful entrepreneurs will be those who venture to do what others will not. “If it’s obvious, everyone would do it,” he said in an interaction hosted by IT industry body NASSCOM.
He said he never sought a lot of advice because if he had asked people what to do, they would have told him it wouldn’t work and dissuaded him from taking up the venture.

“I would experiment experiment, test, go fast, fail fast. Planning is fine but generally overrated,” said Dell, who founded the company when he was a student.

He said these are exciting times for entrepreneurs as most of the growth in the global economies is occurring in small and medium sized businesses. “And one of the reasons for that is those businesses are getting access to tools, technology that used to be only available to big businesses.” ­
Most of the employment and innovation is also happening in the SMB space, which is also the largest market in the world, he said adding that it is “great time to be an entrepreneur in India now.”

On the company’s experience of doing business in India, the company CEO said it has been growing quite rapidly but remarked: “Market like India tends to be fairly dynamic and somewhat volatile. Generally in upward direction.
Like some oth-er markets, one has to be ready for significant down-drags. “On any day, it’s either fantastic or really difficult.” Terming buyback of Dell, the world’s third largest PC maker, as a “bit of rebirth” and exciting, Dell said the move was in the long-term interest of the company.

“It is a bit of a rebirth of the company and so in that sense, it’s very exciting,” Dell explained, on his proposal to buyback the company.  

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Entrepreneurship Nuggets by Bruce Lee

Source: PTI
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