Tuesday 15 October 2013

Journey from school drop out (learning Disability ) to top 4 richest man in Uk ( sir Rechard Branson)

If someone  are not able to study in school ,college  due to learning disability ,a businessman contiguously getting lost in business and the person have lost the hope of living live ,He/she must go through this personality who walked long enough in his life and made so many world record ,in 2012 he has been listed as top 4 richest man in in united kingdom (UK) by Forbes Magazine ,with estimated worth of us $ 4.6 billion .  He is founder of virgin group of more than 400 companies in more than 30 countries .
    He expanded to business to include a train company  , a luxury game preserve, a mobile phone company , space tourism company , Recording company , movies company ....
   He made so many world record crossing hot air balloon of the Atlantic (1987) & pacific (1991) . He was knighted in 1999 by Queen for his contribution to entrepreneurship .

  • NAME: Richard Branson
  • OCCUPATION: Entrepreneur
  • BIRTH DATE: July 181950 (Age: 63)
  • EDUCATION: Scaitcliffe School, Stowe School
  • PLACE OF BIRTH: Surrey, England, United Kingdom
  • FULL NAME: Sir Richard Charles Nicholas Branson
  • RICHARD FAMOUS QUOTE 
 1. "I believe in benevolent (kind and helpful ) dictatorship , provided i am a dictator. "
2. " Business opportunities are like buses ,there's always another one coming .
                                                           3. " You don't learn by following rules . You learn by doing and  
                                                               falling over ."

Early Life : Richard branson  father worked as barrister & mother worked as a flight attendant .He struggled with dyslexia . It is a learning disability diseases ,due to this he changed school in hope that he would be able to learn something finally at the age of 16  he dropped out school .

BUSINESS EXPANSION :
    By the age of 16 in 1966, He started youth culture magazine " student " for student . The first 50 k copies disseminated for free and covered this cost by advertising . 
By the age of 19 in 1969, he was living in London commune surrounded by the British music . So he got an idea to start a " mail -order company " . since all the employees were new in business so by the suggestion of his employee ,he kept the name of the company " VIRGIN " . Company performed modestly but it gave enough courage to move ahead .

In 1972 built Recording studio in oxfordshire ,England . He recorded first song with artist Mike Oldfield . It was completely smashed but using the momentum of his past success he signed to musical group "LABEL " including the sex pistols. Here artist made the Virgin music one of the top six record companies in the world .In 1984 built " Virgin Atlantic Airways " , But in 1992 Virgin was suddenly struggling to stay financially afloat . company was sold and he was crushed by the loss & was crying after contract was signed ,but remain determined to stay in music business . in 1993 founded the station virgin radio & in 1996 started 2nd record company
LOVE STORY :  At the age of 28 in 1978 bought Island worth 165 thousand British pond to impress a girl " Joan Templeman " and she married to him .






15 lesson from Richard Branson  :
1.Your age doesn't matter 
Image Courtesy of http://www.flickr.com/photos/daly3d/-By starting business at the age of 16 he is proof that it's never too early to start .But at 61 he's also proof that being old is state of mind Branson regularly kite surf and attempt to break world record .

2. Think Laterally
In business there is no limit of sky ,but it doesn't mean that only direction to grow is up .
his magazine business led him to sell records .By that record he started recording studio after bit failure he got world record success ,By this way creating ventures in complementary industries ,he created a network of business that reinforce one another .

3. Work for free 
When you are trying to step into new industry ,sometimes the quickest way to make money is doing something for free.
4. Be controversial
It's natural to steer away from controversy ,but if you are willing to seek it out then you can draw attention to your business while cashing in an opportunity that others were too timid to take .
  When Branson was facing crisis he signed to " SEX PISTOLS " Music band event after it was in controversy but this made Virgin music to top 6 in the world .



5. Diversify
After success in record business Branson headed towards transport business founded Airways .further moved towards mobile phones,cosmetics,movies ...
 Branson says that different business venture reinforce the business & provided safety from the unpredictable ups and down .
6. Love your business 
 If you don't want to put your heart and soul , you shouldn't start it . During crisis when Branson sold the Record company to EMI in 1992 ,he was brought to tears because he was emotionally attached with business .
7.Opportunity is unlimited 
"Business opportunities are like buses ,there's always another one coming ."
Don't be discouraged if business venture don't turn like you hoped instead keep an eye open for next big opportunity .
8. Be a (Benevolent) Dictator 
If want to be a leader in business you shouldn't think what other people think about you  ,just exercise your power & act decisively .
 Branson makes habit of writing personal letter to his employee but he embrace his role as a dictator .
9. Success in school is different than success in life .
In school he was facing learning disability before he dropped out school at the age of 16.
 Branson says school is great at testing memorise information and following instruction but in real life that's not enough .
10.Learn by doing 
Don't wait until you're qualified to start doing what you want in life .just do it ,you'll make tons of mistakes but that's the fastest way to learn .
" You don't learn by following rules .you learn by doing & falling over "
   Branson started Magazine without ever having taken a journalism class & became one of the most successful businessman in the world without any business class .
11. Be a Pioneer 
Being a pioneer is risky but it has a great advantage when you pioneer a new industry ,competition is less .
 In 2004 Branson established space tourism company that will be taking suborbital vacations ,over 430 people signed to become astronauts .
Ticket price : $ 200000

12. Look into future 
When you see current trends into future ,you give your business huge advantage for years to come .
Space tourism is one of the many instances which was anticipated by Branson .
13.Screw business as usual  When you make positive impact to your business ,you're not just making the world a better place but also contributing long term success to you company .
14. Give back 
Branson business made world better place but he always contribute non-profit humanitarian efforts .
He decided that Global warming was a crisis so he donated $ 3 billion to help to solve it .
 Branson says that " If i get frustrated by something then i like to try to put it right " .
I think it gives him satisfaction beyond words .
15.Enjoy the simple things :
Don't wait until you're "SUCCESSFUL" to enjoy yourself . start now & enjoy the way up .
This is the reason the way he lives life its easy to envy .















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