At the head of an empire estimated at more than $ 4.9 billion, Richard Branson is seventh among the wealthiest entrepreneurs in the United Kingdom. He built with his own hands the Virgin Group, a multinational grouping more than 400 large companies. Eager to share the why and the how of his exceptional success, we have managed to gather the 25 tips from this great businessman for the entrepreneur in action, or in the making, that you are.
His name is known all over the world because the verb to succeed sticks to his skin.
He was even knighted by the Queen of England.
And we should now call him Sir Richard Branson. The founder of Virgin gives 25 tips for entrepreneurs who want to succeed.
- An entrepreneur must choose an area that he likes
Richard Branson is a big fan of this quote which he does not fail to remind everyone: “do what you love and you will not have to work a single day of your life”. In other words, by choosing a job and a field that you are passionate about, you will have enough motivation to get rid of the constraints related to work. You will be more comfortable and more inclined to work hard.
- Climb the ladder
Virgin Group was born in a small basement in West London. Admittedly, you need ambition, but don’t skip any steps. As they say, to conquer without danger, you triumph without glory!
- Take risks
Investment always involves risks, but do not fear them to the point of preventing you from going after your dreams. Remember, whoever risks nothing has nothing.
- Become a visionary
To progress, you have to be visionary. This will allow you to set a goal to motivate yourself.
- An entrepreneur must keep his feet on the ground
Being a visionary and taking risks does not mean dreaming about things that are impossible to achieve.
- Becoming fatalistic
Bad luck exists, but Richard Branson prohibits fatalism. Create your own luck, set up situations that are favorable to you. And if you want, trust your lucky star!
- Coping with change
A business must evolve at the pace of society. Impossible to develop while remaining trapped in time!
- Work as a team
Entrepreneurs cannot succeed without maintaining relationships with those around them, their partners or customers.
- Be a leader, not a boss
Lead your team to victory and success. Be a leader, not an authoritarian leader.
- An entrepreneur must be severe and not authoritarian
Be serious and meticulous without becoming a tyrant.
- Motivate your team
Stimulate the motivation of those who work with you so that they can feel like a full member of your company.
- Go after your dreams
Make every effort to achieve your goals.
- An entrepreneur must believe in himself
You can do it, no matter the difficulties! Arm yourself with courage and common sense.
- Have fun
From time to time, go out to party and relax. This will save you from being overworked.
- Be rigorous
Develop a taste for work well done and details, it will make the difference.
- An entrepreneur must persevere
No matter how many times you have to return to the starting point, keep fighting.
- A good entrepreneur knows how to get organized
Create a checklist to better organize your work.
- Meeting challenges
Do not fear obstacles, challenges will only strengthen you.
- Maintaining relationships with the outside world
Do not cut yourself off from the world, stay connected with everything that is happening around you.
- Show your values
There will be people who will speak ill of you, prove to them that they are wrong.
- An entrepreneur must listen to others
Stay alert to the criticisms of those around you, they can serve you well.
- Keep it simple
With success comes wealth, but always keep it simple to keep your humility.
- Always have hope
Even if you fail or find it difficult to stand, hope, persevere and work until you get out.
Remember to live, because the world is not just about work.
- Be proud of yourself
Take time to admire your achievements. Whether he wins or loses, an entrepreneur must be proud of himself because he fought.
- Choose a bigger opponent than you
Be the David who wants to “fight” against his Goliath. Admittedly, it will be more difficult to achieve success, but it will be all the more wonderful.
Richard Branson thus launched into Cola with Virgin Cola, into music publishing with Virgin Record or began to compete with the major airlines with Virgin Atlantic Airways.
Markets that seemed inaccessible, some were (cola) and others were not.
Now the challenge for this entrepreneur is to send passengers into space …
- Make yourself stand out!
There are 2 tactics when you start, either do it on the sly and tell yourself that if you “get confused”, few will know it… or by making “noise” to draw attention to yourself.
It is this latter method that Richard Branson recommends, and that is what uses it, in particular by setting the stage when launching each new product or service.
- Sell: everything is negotiated.
Often a neglected aspect, but this is how we get the best profits. Whether to buy equipment, buy advertising or sell its services, do not hesitate to force forcing to impose its conditions.
Walking in the footsteps of already successful people, can reduce the hard work and trial and error out of your struggle. However, no one is a success icon by birth. Achievement of any type is backed but 100s of untiring hard work and sincere efforts for the manifestation of your dreams.