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Richard Branson: Keys to Success

January 4, 2008 by Isabel Isidro  
Filed under Briefs

Richard Branson, CEO of the Virgin Group of Companies, shared the keys to his entrepreneurial success in a recent magazine interview (Playboy, January 2009, pp. 39-46):

Hiring great people and keeping them happy. If your staff is inspired and enjoying their work, they’ll do what it takes to make the company succeed. In a nutshell, that’s it.

Branson candidly admits that he knew nothing about the businesses Virgin is now involved in — he knew nothing about the airline industry (Virgin Atlantic), financial services company (Virgin Money), soft drink industry (Virgin Drinks), etc. — until he actually started.

I never took a course in management. I’ve been fortunate to learn by experience, by making mistakes, by trying. I’ve learned every day by doing things different and new. Having so many different businesses has kept it fascinating. Every one of thm helps me with the previous one, from the record business to the airline business and banking — learning, learning, learning, learning.

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Comments

7 Responses to “Richard Branson: Keys to Success”
  1. Sharon Wilson says:

    The road to success is based on a few qualities that you must have in order to succeed in anything, but qualities are inherent and therefore unpredictable, whereas knowledge through learning and experience is a truer indicator for the potential of success.

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  2. an entrepreneur says:

    The success of a business depends on the men and women who run it and not only on one person who leads the team.

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  4. Thanks for the very good explanation! Well done.

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  6. Free Online Games says:

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  1. [...] has kept it fascinating. Every one of them helps me with the previous one, from the record business to the airline business and banking — learning, learning, learning, learning.” – Sir Richard [...]



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