Sir Richard Branson is a 71-year-old British entrepreneur and one of the most recognized business leaders for his spontaneity, success, and social and environmental commitment. In 1970, he founded Virgin, a brand with more than 360 companies that today make up the Virgin Group, a multinational that has achieved an estimated net worth of US$4 billion .
He founded his first company at age 16 when he published Student, a magazine. He had a vocation as an entrepreneur since he was a child.
Today, Virgin has more than 50,000 employees worldwide and is the sum of companies of all kinds founded by the visionary entrepreneur. These include Virgin Mobile (Mobile telephony), Virgin Atlantic (transoceanic air travel), Virgin Bride (wedding gowns), Virgin Trains (which recently bought some 900 green trains), and Virgin Galactic (space tourism).
➡️ Investing Approach
Branson believes that launching a new business is always an adventure. He has maintained his risk-loving image over time. He tries to open as many branches and hopes for one of them to flourish.
This man has already experienced failure, from the collapse of his Virgin Cola soda brand to the mass closures of his Virgin Megastore bookstore and record store. Many of the businesses he starts ended up on bankruptcy, but he believes it is just part of the process of being succesfull.
He gave two essential recommendations to young entrepreneurs in his blog: “You can do anything if you make up your mind” and “Stop worrying about what other people think.” This could be the key to your great success.
In short, Branson is a high-risk taker and tries to create as many opportunities knowing that only a handful of them will be true businesses. Instead of trying the perfect model, he does this with constant trial and error without thinking what other may think.
➡️ The philosophy of Richard Branson
Acclaimed for his vision, principles, and kindness, Branson has lectured worldwide, sharing his secrets for leading, inspiring, and growing companies from the ground up.
Much of his audience wants to find the secrets to being a millionaire in his speech. They get something different instead. Why? Branson avoids talking about money. He maintains that making money was never the goal. There are things worthier than money, such as living an adventurous life.
One of his most famous conferences was the World Business Forum in Mexico. He talked about how to undertake or what to have in mind to conquer markets. Also, how it is possible to have the same successful result in sectors as different as music, aerospace, beverages, and the energy sector.
Branson says that we should worry more about happiness. A company is just a group of people. These people must be happy people, guided by a happy leader who cares about the well-being of all.
He believes in himself and his goals and always tries to broaden his horizons without losing his ideals or the lessons of integrity, honesty, and respect towards other people.
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