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It's never easy to set up any business, but it comes back to determination and drive and the love of what you do!
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
Love
Determination
Drive
Easy
Business
Comes
Back
Never
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Focus on your business strengths and keep its weaknesses away from the competition or public.
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In a sense, when we started Virgin Atlantic, I was trying to create an airline for myself. If you try to build the perfect airline for yourself, it will be appreciated by others.
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For a successful entrepreneur it can mean extreme wealth. But with extreme wealth comes extreme responsibility.
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When you are making a decision about how best to serve your customers, your own experience is often a better guide than a more sophisticated analysis of the market.
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Meet regularly with your business team and brainstorm. Intricate business problems are mostly resolved at brainstorming sessions.
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As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end, you have to take calculated risks otherwise you're going to sit in mothballs all day and do nothing.
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Remember the to-do list but don't forget the to-be list.
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In the beginning it was just about the business - now it's about the brand.
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When people warn me against doing something once my mind is made up, I grow increasingly determined to try it.
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With space travel, [it's] no different. You know, in 1990 I read the name Virgin Galactic Airways. Loved the name. And set out to try to find an engineer or rocket scientist in the world who could build a safe, reusable rocket that could take people to and from space and we could start a whole new era of commercial space travel.
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I find it very difficult to think of mistakes not that I don't make any but because I was brought up to look only at the good things in life ... As for what lost the most money, probably Virgin Cola. It is still No 1 in Bangladesh though.
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In Syria, if [Bashar al-] Assad had just been a statesman and handed over the reigns in time, Syria would not be heading down the nightmare that it is today.
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There is no planet B. We have to take care of the one we have
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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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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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I'm a lad of the '60s. I started a magazine to try and end the Vietnam war, but it was a number of years before I had the profile, the financial resources and the time to do more.
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A generation ago, the image was that you had to trample everyone else down to succeed but I don't believe that makes good business sense.
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I think the most important thing is that in the last seven days we've just had the greatest adventure of our lifetimes. I'm inquisitive ... and I love a new challenge... and if I feel that we can do it better than it's been done by other people, we'll have a go.
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