Dell Inc. was started by University of Texas freshman Michael Dell in the year 1984. Michael wanted to sell computers at affordable rates and break the monopoly that IBM was exercising over the market. So he started off by buying computer parts in wholesale, assembling them and selling them via mail order.
The whole process that Michael used decreased the costs effectively and very soon he was earning $80,000 monthly from his computer sales business. In 1984, he had registered the company as Dell Computer Corporation and dropped out of college to pursue his business full-time.