Q&A with Richard Branson

Richard Branson
Chairman
Virgin Group

Have you seen my kite surfing photographs?! But seriously I think being an entrepreneur you have fun when you see your ideas and businesses grow and become successful

Comments:

Now this entrepreneur really did write the book...respect to Sir Richard.

by Maica Sanchez

Yes Freddie Laker was certainly a great entrepreneur.

When every one came back from WW2 with the idea to start up a little feeder airline . Freddie was melting down all the Alluminium lumps he could get his hands on , and selling them for scrap . Because there was an acute shortage of Alluminium . this gave him the kick off money to start air charter.

A typical Freddie move, was, there was no meat in the uk, but there was meat in Lagos , so when ever Freddie sent out a plane to Lagos it did not come back empty . It came back with meat . No refridgeration in the plane . No problem just open a window and let it chill down.

Partition, in India, the Berlin embergo, troops to Cyprus. and rocket bits to Woomera . All good solid money spinners for Freddie.

Another little Trick Freddie used was to Authorise the Senior skipper, to pay the crew cash and scrub one of the route night stops. This was in the days before 20hours per week, 100 hours per month, 1000 hours per year regs



by Norman Davison

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Its always good to read, watch and listen to Branson.I remember attending one talk show hosted by Prannoy Roy.There were other stalwarts from different industries and Richard came out as an unconventional person with a different aura.

by Shikha Shikz

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Yes, I agree, I like Bransons approach, Inovative but, cautious in analysis.
I particulary like the fact that he follows the Nulbar Gulbenkian approach to new information , he didn't believe a fact untill he had heard it from five different sources.

by Norman Davison

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  Q&A with Richard Branson

Britain's best known entrepreneur started his first business venture aged just 16. The Virgin empire now includes media, telecomms, airlines - even space travel. In 2007, Branson launched the Virgin Earth Challenge to reward technologies which present a viable solution to climate change.

An entrepreneur is…. generally something you will fall into by accident and if you’re lucky the time and the place are right! It’s also about valuing and trusting the people you work with – as the very nature of entrepreneurialism means taking calculated risks, being innovative and exploiting gaps you see in a market that others are often too cautious to exploit – hence why finding good people to work alongside is one of the most important things an entrepreneur needs to understand!

The best advice I ever got was…. My mother always taught me never to look back in regret but to move on to the next thing. The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me. I have fun running ALL the Virgin businesses - so a setback is never a bad experience, just a learning curve.

Another piece of good advice was from my mentor Freddie Laker. The first time I met him I was thinking about setting up my own airline. He gave me this advice: 'You'll never have the advertising power to outsell British Airways. You are going to have to get out there and use yourself. Make a fool of yourself. Otherwise you won't survive'.” I’ve been making a fool of myself ever since!

And the worst… I’d never embarrass the person by ever revealing that! Look advice comes in many forms as we know – never ask just one person – ask many. Opinions always vary but by asking several people what they think you get all angles and can weigh them all up – if you do it this way – you are never considering just one person’s opinion - so no one piece of advice is ever truly bad.

The most fun I’ve had as an entrepreneur was… Have you seen my kite surfing photographs?! But seriously I think being an entrepreneur you have fun when you see your ideas and businesses grow and become successful. I've had great fun turning quite a lot of different industries on their head and making sure those industries will never be the same again, to the benefit of the consumer, because Virgin went in and shook them up! I never know what to expect when we launch a new business in a new market or new territory - when you're trying something new – you never know what can happen. This is all experimental – that’s why it’s so much fun!

I wish I’d never… tasted chocolate! It’s my weakness! As I said before I never say never! The end.

In another life I’d have been… Richard Branson, of course! Sometimes I do wake up in the mornings and feel like I've just had the most incredible dream. I pinch myself every day as I sometimes can’t quite believe that my life is so full of interesting people, places, ten of thousands of wonderful staff who enjoy working for Virgin and of course my amazing family and friends. I’d be mad to want to be anyone else…

I said it would never work, but… I never say NEVER – I’m known as Dr Yes by my staff remember!!!! Although I could kick myself that we weren’t the company who invented the iPod!

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by amanda bal
That was interesting.

by Karim Jaroudi
any info about leather tanners in Kazak?

by FishBowl Inafishbowl
Inafishbowl.com founder and entrepren...

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