There is no person I know who wants to be in debt. Nobody wants to borrow money, to have to take out loans or cash advances. For some people making money is as easy as rolling off a log. Richard Branson self made millionaire and notorious for his unconventional business ethics, gives us a run-down on what he believes makes you successful. Richard Branson began his career at the age of 16 when he left high school and started publishing a magazine. From there he went onto selling records and the rest is history. His epic trademark, Virgin, has been stamped on everything from mobile phones to airplanes to fitness gyms. He is now pioneering the final frontier with Virgin Galactic. His latest venture aims to put tourists into space. How does he do it? This is a question that half the planet wants an answer to. Here are some of his suggestions for success:
- Reach for the stars. What do you enjoy? What are your dreams, hopes and desires? Its not about the money, it’s about doing what you love to do. So many people have great ideas and don’t have the courage to make that leap of faith.
- It’s not just about you. Contribute to the community. Make a difference and do something positive for others. If you have staff, treat them well, if you have a successful business pay it forward.
- Strive to be the best that you can be. Have faith in your business and endeavor to make it better than all the rest. There is no point in starting a business unless you are innovative and try to out-do your competitors.
- Look after your dream and have fun. If you are not having fun then you need to change what you are doing. Employ the right people. It is imperative to have a team that you can work with and who care about the business. Look after your people, if you don’t water a plant it doesn’t grow.
- Don’t throw in the towel. Don’t be defeated by failure. Business is difficult and you will find yourself in many situations where you won’t be able to see the light at the end of the tunnel. Persevere. No matter how many times you get knocked down, get up again.
- Make notes and pay attention to the details. Keep making lists so that you can keep track of what you need to do. Constantly set new targets and challenges for yourself, that way you keep your business dynamic and goal driven.
- Recognize your talents and your deficiencies. If you are great at thinking up new concepts and running creative projects then don’t try to do the accounting. Employ people to take care of the things that you are not so good at and they are markedly better at. You can then be more time efficient.
- Get going. Don’t just sit there thinking up fantastic ideas. Get off the sofa, turn the TV off and go out and make things happen. A dream is the beginning. Action and hard work makes it reality.