Michael Dell talks to Small Business Advice TV – giving his perspective on everything from; the impact of the recession on small businesses and start-ups, to what he sees as the most important factors for a successful business venture.
According to Dell, great ideas will always prevail, and the fact that a recession causes a considerable “inaction” may lead to great opportunities for those who are willing to take a risk. Indeed he states that “times when everyone is confused and stunned, present the most enormous opportunity“, citing that when Dell was formed in 1984 it was a tough time for the American economy, especially in the personal computer sector which was in a huge down cycle owing in large part to the dominance of Japanese companies.
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