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I learnt from an early age this need to delegate responsibility out to other team members as there is just too much for one person to do themselves. What is the point of hiring talented team members if you don't give them the freedom to make the most of the chance you have given them?

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
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Person
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Delegate
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Early

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There is no planet B. We have to take care of the one we have
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I truly believe that capitalism was created to help people live better lives, but sadly over the years it has lost its way a bit. The short-term focus on profit has driven most businesses to forget about the important long-term role they have in taking care of people and the planet.
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Not enough people realize the satisfaction you can get from really pushing yourself to the limits.
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It's obviously incredibly important to keep the body fit in order to keep the mind fit, and be able to find time for friends.
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Your employees are your company’s real competitive advantage. They’re the ones making the magic happen-so long as their needs are being met.
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It took me years to work out the difference between net and gross. In meetings I just used to say, 'Tell me if it's good or bad news.
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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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Lavish praise on people and people will flourish criticize people and they'll shrivel up.
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Every business, like a painting, operates according to its own rules. There are many ways to run a successful company. What works once may never work again. What everyone tells you never to do may just work, once.
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Space is hard - but worth it. We will persevere and move forward together.
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What's the most critical factor in any business decision you'll ever have to make? Basically, it boils down to this question: If this all crashes, will it bring the whole house tumbling down like a pack of cards? One business matra remains embedded in my brain - protect the downside.
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Just start. You will learn so many lessons just by doing.
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If you have an idea that's going to make a big difference to people's lives, and other people are not doing it, you know, just say screw it, do it and get on with it, and give it a go.
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Be creative. Innovate consistently on the little things that the big companies ignore. Little things often make big differences in business.
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Brands always mean something. If you don't define what the brand means, your competitors will
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To me, business isn't about wearing suits or pleasing stockholders. It's about being true to yourself, your ideas and focusing on the essentials.
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I was trouble - and always in trouble. Aged eight I still couldn't read. In fact, I was dyslexic and short-sighted. Despite sitting at the front of the class, I couldn't read the blackboard. Only after a couple of terms did anyone think to have my eyes tested. Even when I could see, the letters and numbers made no sense at all.
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I definitely go on gut instinct but it has always had the back up of research and information.
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In the beginning it was just about the business - now it's about the brand.
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Most skills can be learned, but it is difficult to train people on their personality.
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