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Throughout my business life I have always tried to keep on top of costs and protect the downside risk as much possible. The Virgin Group has survived only because we have always kept tight control of our cash. But, likewise, I also know that sometimes it is essential to break these rules and spend lavishly.

Richard Branson

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Richard Branson
Age: 74
Born: 1950
Born: July 18
Aircraft Pilot
Autobiographer
Balloonist
Business Magnate
Businessperson
Entrepreneur
Film Producer
High School Teacher
Investor
Sir Richard Branson
Richard Charles Nicholas Branson
Sir Richard Charles Nicholas Branson
Business
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Lavishly
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Throughout
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Protect
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Likewise
Sometimes
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Virgin
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Risk
Essentials
Virgins
Always
Control
Group
Tight
Life
Break
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Survived
Possible
Tried
Costs

More quotes by Richard Branson

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At the end, entrepreneurship is not about wearing expensive suits and earning a lot of money. It is all about being true to yourself, to your values in life. Your dreams.
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However tight things are, you still need to have the big picture at the forefront of your mind.
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Having a good network can be invaluable. It opens doors for you and allows you to enter into opportunities that are beneficial to your business.
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I have no secret. There are no rules to follow in business. I just work hard and, as I always have done, believe I can do it. Most of all, though, I try to have fun.
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Kite surfing is a great way of keeping fit. Kiting is great because you're bouncing over the waves and you're surfing the waves. I do quite long kite surfs-50 miles in a day.
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We've all got to do everything we can to avoid conflicts.
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One of the best bits of advice I can give is, early on, when you're building a new business, try to find somebody to run it on a day-to-day basis to free yourself up to look at the bigger picture.
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Like getting into a bleeding competition with a blood bank.
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I can honestly say that I have never gone into any business purely to make money. If that is the sole motive then I believe you are better off not doing it. A business has to be involving, it has to be fun, and it has to exercise your creative instincts.
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The most important thing for entrepreneurs is not to be put off by failure.
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I make up my mind about whether I can trust someone within 60 seconds of meeting them
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Success comes from delegating, risk-taking and having a good TEAM!
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Right now I'm just delighted to be alive and to have had a nice long bath.
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You don't learn to walk by following rules. You learn by doing, and by falling over.
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And if after all this you eventually fail don't take it personal. Don't be ashamed to start all over again.
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Good brands reflect the histories of the time and the group of people that made them. They can not be copied. They can not be recycled.
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Space travel will be like every other business. There will be competitors. . . . Thirty months from now, I'm confident we'll be flying people into space.
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Two bricklayers work side by side. The first lays bricks. The second builds magnificent cathedrals. Think small vs. think big.
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Your brand or your name is simply your reputation, you have to fight in life to protect that as it means everything. Nothing is more important.
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It's far more difficult being a small-business owner starting a business than it is for me with thousands of people working for us and 400 companies. Building a business from scratch is 24 hours, 7 days a week, divorces, it's difficult to hold your family life together, it's bloody hard work and only one word really matters - and that's surviving.
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