When he was just 19, Michael Dell started the company that would _ the industry. At the time, IBM personal computers sold in stores for about $3,000. After taking them apart and rebuilding them, Dell realized the components   could be bought for one-fourth the price. Soon he was buying components to reduce the cost. A good business decision, but it meant his room was starting to look like a mechanic's shop. "I was quite excited about the possibilities for personal computers and how they could change society. I had this idea to sell the products directly to the users over the phone", he said. College plans and his parents' expectations bothered him a lot. But Michael Dell was determined. He drove off to the University of Texas at Austin in August 1983 in a car he'd bought with earnings from selling newspapers. He was surprised that his mother wasn't suspicious about the three computers in the backseat. By November, news reached his parents that he wasn't attending classes. On a surprise visit to Austin, they caught their son on spot. Michael Dell told his dad that he wanted to compete with IBM. Although Michael agreed to focus on his studies, the business chances and the timing couldn't have been better. The public was becoming more interested in computers, but no one was producing them. In early May, a week before his final exams, Michael started Dell computer Corporation with $1,000. He took his exams, and then dropped out of college at the end of his freshman year. It was time to try out his direct-to-customer business model. "Three years later", Dell says, "we had already achieved annual sales of about $150 million, I was 22 years old then." When Dell's parents learned about his absence from class, they  _  .
tried to help with his business were too suspicious to accept it wanted him to go hack to class encouraged him to compete with IBM