Biographical Information:Good evening, my name is Michael Dell and I am the founder and CEO of Dell, Inc. I am 43 years old and live in Texas with my beautiful wife Susan and our 4 children. Abilities, Traits and Experiences: You may not believe it, but my love for computers began when I was 15, when I took apart an Apple computer and rebuilt it. Obviously, there were no entrepreneurship classes in high school, so I had a lot to learn on my own. Later, while attending the University of Texas, I started a computer company called PC's Limited in my dorm room. When I started what is now Dell, Inc. my small dorm business was a success, so at the age of 19 I dropped out of college to run my business full time with the help from a small loan from my grandparents. I had no background or experience running a business, but at 19, who did. According to Kinicki and Kreinter (2008), trait theorists believed that leadership traits were not innate, but could be developed through experience and learning (p. 348). What I had was a business instinct. I was not born a businessman and yes, I have had quite a few setbacks learning along the way; However, I learned that the more mistakes I made, the faster I learned. I tried to surround myself with smart, innovative people and often tried not to make the same mistake more than once. In 1992, I became the youngest CEO to lead a Fortune 500 company and by the age of 31, I was a billionaire. In 2004, I stepped down as CEO of Dell, Inc, but remained Chairman of the Board and turned the company over to Kevin B. Rollins. There were some problems and Dell, Inc was no longer as strong as before, so I came back as CEO in 2007. According to Kinicki & Kreitner (2008), with a focus on leader behavior, something that is learned, the behavioral style approach makes it clear that leaders are not born. Over the years, my business instincts have improved and my business has excelled tremendously, growing from a dorm room business to a multi-million dollar empire.Specific Challenges and Opportunities: