Richard Branson is the Billionaire who founded the Virgin Group, which controls more than 400 companies today. Known for disrupting industries, his leadership approach sets him apart from the traditional ways of business. He recognizes that people are not truly successful unless they enjoy what they’re doing and allow time for fun. His empire was built on investing wisely in his business and his staff with the power of people always at the forefronts of his every decision. Here’s what we can learn from him.
Invest in the Right PEOPLE
Investing in startups is really an investment in people. Richard Branson took $1 million dollars and blindly invested into the early-stage tech startup, Twitter. It is important to invest time, energy and capital into the growth and wealth of your people. Most companies are not willing to take a risk on new concepts, ideas and pursuits because the risk is too great, but Branson showed us that we should.
Prioritize Social Responsibility
If you want to invest like Branson, this tip is a major key. Investors should seek out companies with services that will help their community or leave a positive impact on the world. Our social responsibility cultivates a positive synergy and gives people purpose.
Prioritize YOU Time
Many of us are taught to believe that if we work 100 hours per week, we’ll eventually become successful. While the work must be done in order to see a payoff, Branson has showed us that our work shouldn’t cost us our vitality. We don’t need to buy into the idea that being overworked guarantees success.
Welcome New Ideas
There is always something we can do better. Branson recognizes that companies that are radically different survive because they stand out. In fact, Branson has never been afraid to say “yes” to new concepts, ideas and pursuits.
Let Your Failures and Weaknesses Guide You
Branson sets the example of a man who never lets his obstacles become his limitations. Despite having dyslexia, tax issues and financial troubles in his early stages, he has never let any of this hold him back. He chose to learn from his mistakes, address his shortcomings and use them to guide him through his career.
Richard Branson’s career is not a guaranteed success map but it can set a foundation for doing business. Everyone’s journey will be different but we can all take a page from his book. His relationships with people propelled his career forward. We teach students about this in our Winning with Relationship Selling course. His ability to communicate as were the markings of a true leader. Our students learn how to do this for themselves in our High Impact Presentations and Leadership Training for Managers courses. Our Dale Carnegie Training Courses have been providing professionals with the skills needed to live more like Branson!
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