Michael Dell entered the business world at an early age, opting to pass a high school equivalency exam at the young age of eight. He was already investing his money in stocks by his early teen years.

It was on this day, November 4th, in 1984 that Michael Dell created PCs Limited while he was a student at the University of Texas at Austin. He later changed the company’s name to Dell.

Dell started his business operating out of a condominium. At the time, his company sold between $50,000 and $80,000 worth of PC upgrades, kits, and other components. His business model was based on the idea that there was a potential for consumer savings if they purchased computers directly rather than through a traditional retail chain. His personal touch to customer service attracted business.