Tuesday, August 23, 2011

Inspiration From Will Smith a Motivational Video

I was surfing through youtube and found this highly inspiring and motivating video.
Will smith, the hollywood actor says:"We are who we choose to be".
Anything is possible.
You just have to decide!
Decide What is gonna be, Who you want to be and How you gonna do it!
And once you decide the whole universe is gonna get out of your way!







Here's a another video of Will Smith from the movie Pursuit Of Happiness:-
If you want something, just go get it, Never listen when somebody tells you, you can't do it!





Sunday, August 14, 2011

What Inspired Michael Dell to Sell Computers Directly to End Customers?

Michael Dell is the founder and CEO of Dell Computer Corporation.It was started in 1984 with $1000 in reserve and now it has $62 Billion! It sells computers in almost all countries of the world and is the world's second largest computer selling company.
Dell is very famous for it's Direct Selling Technique(i.e.Company sells its product directly to customers, all intermediates like distributors,retailers are eliminated).
Michael Dell adopted the Direct selling technique back in 1984 at a time when biggies like IBM and Apple Inc were selling PC's through Indirect channels.

So what inspired Michael Dell to stick on his thinking and not to sell PC's indirectly to customers ?

The answer to this question doesn't lie on the analysis between Direct and Indirect selling technique, and that Dell found Direct method better,yes that was one of the reason but not the prime one.
In fact,answer to this question lies in his nature/attitude,which inspired him to sell PC's direct.

Michael Dell believed in one thing, If there's a way to get something done more quickly and easily, then that's the way to go.In his book, Direct from Dell, he says "I've Always Been Fascinated with Eliminating Unnecessary Steps"

The idea of selling computers Direct actually favoured his way of thinking.He saw that by selling PC's Direct he could eliminate the role of distributors and wholesalers, cutting a long process short!
He wanted to keep the process of buying simple and easy.He didn't wanted his customers to suffer from the problems due to some distributor/retailer.
Dell says "Indirect channel was based on a marriage of the unknowing buyer and unknowledgeable seller and i knew that marriage couldn't last".

He asked himself a question "How can i make the process of buying a computer better?"
Answer was "Sell computers directly to the end customer.Eliminate the reseller's market and pass those savings on to the customer"

This very reason Inspired Micheal Dell to start selling PC's Direct.

Now, I would leave you with some interesting facts Of Micheal Dell and Dell Corporation:-

    -Micheal Dell was the youngest CEO of a company ever to earn a ranking on Fortune 500
    -He has earned various Titles on his name like "Man of the Year" by PC Magazine , "Entrepreneur of the Year" by Inc and "CEO of the Year" by Financial World.
    -The Annual income of Dell when he was in high school was $18,000 (i.e. INR 8,10,000 Approx)
    -When Dell was launched there were 25 companies selling computers.Today 17 of that 25 companies are wiped out.
    -In 2000, sales of dell(dot)com top $50 million per day
    -Dell Corporation is build on this three rules: 1) Disdain inventory 2) Always listen to the customers, and 3) Never sell indirect*
(*From 2008 Dell has decided to sell the PC's through indirect channels also, as they found their Global market share falling down.)

Found the post interesting ?? Encouraged me by commenting below, Cheers!!!

Monday, August 8, 2011

Inspiration from Albert Einstein

Albert EinsteinFollowing is an excerpt from the book "Ten Much by A.G. Krishnamurthy" where the author describes the early life of Albert Einstein.
I was touched and inspired when i read it.I hope you too find it inspirational.

Here you go:
"He didn't learn to speak English till he was four.He didn't learn to tie his own shoe laces for an embarrassingly long time.He was probably the last person in the class to learn to read.His teachers declared him mentally slow and when he finally managed to get through school, he failed the entrance exam to college.
And yet today, it is his name that immediately springs to mind when asked to name the world's topmost genius,
Albert Einstein.
Yes.The very same genius was all this and more as a child.But he struggled through his obstacles and excelled in the same field that he was declared unfit for and went on to win a Noble prize for Physics."