Richard Branson: An Inspiration to Young Entrepreneurs

Richard Branson is a name that is an inspiration for young entrepreneurs. He has a mysterious vibe around him that attracts young people who want to know more about him.

According to Richard Branson, most young people with good ideas will be discouraged by their peers who will tell them that this is not a good idea and they are not going to succeed. But, it depends on you how you take it. You have to tell yourself “Screw it. Just do it!”

 

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Branson dropped out of school at the age of 15 when he started his first business. It was a magazine titled Student for young activists.

Branson sold records four years later in 1970 by mail. He opened his first record store in 1971. He started his recording studio in 1972. He started his record label in 1973. When he was 24, Virgin’s business empire had just begun.

Today, Virgin Group is a global conglomerate of 350 companies, which branches into travel, entertainment, mobile industries and travel.

Not all the ideas of Branson have been successful. Virgin Mobile & Virgin Airlines are flagship brands of Virgin but some brands like Virgin Cola were not so successful. Big risks can sometime result in big public failures. The secret to success of Branson is his determination even when failure is visible.

The more determination you have, the more likely it is that you will succeed because of what you learnt when you were not successful. It is important that you should not be disheartened due to failure.

You just have to believe and remind yourself “Screw it. Just do it.”

Vivian Moon