The Virgin Group with close to 200 companies in over 30 countries. It is one of the largest companies in the world
Sir Richard Branson had Dyslexiamade school struggleRichard didnt breeze throughschool.He left school at age of 15.
But he have the greatbusiness ideas an his abilityto energize the ambitions ofothers
His first business venture was amagazine called Student at the age of16.Branson sold advertising to majorcorporation to support his magazine.He include articles by minister ofparliament, rock star, intellectuals, &celebrities.
In 1970, he set up an audio record mail-order business.He built a small recording studio & signedhis first artist “Mike Oldfield” recorded“Tubullar Bell”The album sold 5 million copiesIn 1972, he opened a chain of record stores,Virgin Records, later known as VirginMegastores.Bransons Virgin brand grew rapidly duringthe 1980s, as he set up Virgin AtlanticAirways and expanded the Virgin Recordsmusic label, virgin hotels starts in 1988,virgin cola in 1994.
Sir Richard Branson skill ofempowering peoples idea to fuelsuccess .When the flight attendant fromvirgin airline approached himwith her vision of weddingbusiness, Richard told her to godo it.He even put on a wedding dresshimself to help launch thepublicity.Virgin brides was born.
Sir Richard Branson is more a supportof new ideas than a create of themHe encourages searches for newbusiness ideas everywhere he goes &even has a spot on Virgin Web sitecalled “Got a Big Idea?”
In December 1999 RichardBranson was awarded aknighthood in the Queen’sMillennium New Year’s Honorslist for “Services toentrepreneurship”
What next in Branson list?He recently announced that Virgin was investing money in “trying tomake sure that, in the not too distance future, people from around theworld will able to go into space” not everyone is convinced that spacetourism came become a fully fledged part of the travel industry butwith Branson behind the idea is just may fly
Would you classify Richard Branson as amanager or a leader? What qualitiesdistinguish him as one over the other?:- Leader1) Employee Empowerment2) Patiently listens to Employees’ ideas3) Not a conventional business person4) Energizes people towards higher performance5) Collaborating, Competing,Compromising, Avoiding, Accommodating