Why am I not able to produce a "Hello World" executable using gcc?

I'm trying to compile my first "Hello World" application using GCC (build-on clang and stand-alone GCC-4.9.2) without any success:

OS version is OS X Yosemite 10.10.2.

I'm using the following code (main.c):

#include <stdlib.h> #include <stdio.h> int main (){ printf("Hello World!"); getchar(); return 0; } 

Then I compile it in terminal with a command (clang shipped with XCode):

gcc -o hello -c main.c

As a result I got following error whe running compiled hello file:

MBP-Andrii:cTest andrii$ gcc -o hello -c main.c MBP-Andrii:cTest andrii$ hello -bash: /Users/andrii/avrTest/cTest/hello: Permission denied

If I change the permissions for hello file to 777 and a new error again:

MBP-Andrii:cTest andrii$ chmod 777 hello MBP-Andrii:cTest andrii$ hello Killed: 9 MBP-Andrii:cTest andrii$

The same thing happens with stand-alone GCC-4.9.2.

I guess It might be something related to the output binary format or some missing flags for compiler.