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Richard Branson’s 5-Point Strategy To Let Your Business Take Flight


wealthymatters

In 1970, Richard Branson opened a small record shop called Virgin Records. He had dropped out of high school a few years prior, and his only other business experience was running his own magazine.Today, Branson is worth $5.1 billion and is chairman of the Virgin Group, which consists of more than 400 companies around the world.Over the past 40 years, Branson has learned the ins and outs of business through trial and error, all of which are enumerated in his 2012 book Like a Virgin: Secrets They Won’t Teach You at Business School.

Having figured out how, he continues building an empire of innovative companies,at the heart of which lies these simple five secrets:

1 “If you don’t enjoy it, don’t do it.“

“When I started Virgin from a basement in west London, there was no great plan or strategy. I didn’t set out to build a business empire. I simply wanted to create something people would enjoy using, have fun doing it and at the end of the day prayed that it would make enough to pay the bills,“ Branson writes. Read more of this post

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Richard Branson’s Advice


Happy employees are central to business success. How could you make your team happier?

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The Answer Is : Fail!


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The Way To Billions


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So get started early.Do what you can.Don’t wait for a grand idea or a great stroke of luck.You may not become a millionaire on your first try.No matter ,learn and move on.If you keep your wits about you,your millions will become billions in time.If you learn fast and leverage your know-how and contacts you’ll get there faster.FOCUS on how many steps these gentlemen had to take to get where they are.Think of their ages and the years they have been working.

Branson’s Regret


wealthymattersSir Richard Branson,founder of Virgin Atlantic,has one regret he feels hard to live down:his assumption that he could knock Coca Cola to World’s No.2 soft drink by launching Virgin Cola:

“It taught me that if you have to take on someone bigger,you have got to be much better.”

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