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Designing a PowerPoint from scratch isn’t ideal for most marketers.
Though some of us may have some flair for design, it’s...
Richard Branson’s 9 Biggest
Business Failures
So here are some of Richard Branson
failures you probably didn’t know
about
Virgin Brides – Struggled To Compete
Virgin Co...
Virginware – All Lingerie Liquidated
Virgin Cars – Didn’t live up to promise
Virgin Vie – £21 million written off
Virgin M...
#1 Virgin Cola – Most
Publicised Failure
Virgin Cola was probably the most highly
publicised of Virgin’s failed businesses...
#2 Virgin Brides – Struggled To
Compete
Virgin Brides was a
company specialising in
weddings and bridal
wear and Branson
l...
#3 Virgin Clothing – Big Losses
Virgin Clothing
was a line of
men’s and
women’s clothing,
footwear and
accessories
specifi...
#4 Virgin Vodka – Success Isn’t
Guaranteed
Like Virgin Cola,
Virgin Vodka had
very little monetary
and commercial
success....
#5 Virginware – All Lingerie
Liquidated
Virginware took its
final breaths with a
liquidation sale of
35,000 pairs of
Virgi...
#6: Virgin Cars – Didn’t Live up to
Promise
Predicted and Promoted
that the company would
sell 24,000 cars in its
first ye...
#7: Virgin Vie – £21 Million
Written off
The Virgin Cosmetics Company was a line of
cosmetics and toiletries founded in 19...
#8: Virgin Megastores – Open Too
Long
Virgin Megastores lived a long life. Opening in
1992, these stores where flagships o...
Branson wasn’t going to sit
idle with the iPod and
iTunes doing so well in a
market he had once
dominated. The rise of
App...
Failure is not something to fear. It’s
normal and no-one is immune to it – not
even Sir Richard Branson
To Read More
Click Here
Carl Taylor
To find out more about
Business Builders
Academy
Click here to learn more:
www.businessbuildersacademy.com.a
u
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Richard Bransons 9 Biggest Business Failures

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Richard Bransons 9 biggest business failures. The biggest thing holding them back from achieving success like Branson is a fear of failure.

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Richard Bransons 9 Biggest Business Failures

  1. 1. Designing a PowerPoint from scratch isn’t ideal for most marketers. Though some of us may have some flair for design, it’s pretty daunting to look at the default introduction title slide, knowing you have a ways to go before you have an engaging, interactive presentation to upload to SlideShare. To make sure you’re set up for SlideShare success, follow the steps in this template. We’ll help you figure out the slide design elements, then combine them in different layouts, and then take care of some SlideShare-specific technical skills. Bonus: We even sprinkled in some extra resources in case you want to make your presentation extra spiffy. INTRO
  2. 2. Richard Branson’s 9 Biggest Business Failures
  3. 3. So here are some of Richard Branson failures you probably didn’t know about Virgin Brides – Struggled To Compete Virgin Cola – Most Publicised Failure Virgin Clothing – Big Losses Virgin Vodka – Success Isn’t Guaranteed
  4. 4. Virginware – All Lingerie Liquidated Virgin Cars – Didn’t live up to promise Virgin Vie – £21 million written off Virgin Megastores – Open Too Long Virgin Digital – Couldn’t Stand Up to Apple’s iPod
  5. 5. #1 Virgin Cola – Most Publicised Failure Virgin Cola was probably the most highly publicised of Virgin’s failed businesses, and also Branson’s favorite failures.
  6. 6. #2 Virgin Brides – Struggled To Compete Virgin Brides was a company specialising in weddings and bridal wear and Branson launched its first store in 1996 by shaving his beard and wearing a wedding dress. Suffering losses and struggling to compete with the highly competitive bridal market, the company
  7. 7. #3 Virgin Clothing – Big Losses Virgin Clothing was a line of men’s and women’s clothing, footwear and accessories specifically aimed at the younger 18-35 aged market.
  8. 8. #4 Virgin Vodka – Success Isn’t Guaranteed Like Virgin Cola, Virgin Vodka had very little monetary and commercial success. Showing that success in one market, doesn’t guarantee success in all markets.
  9. 9. #5 Virginware – All Lingerie Liquidated Virginware took its final breaths with a liquidation sale of 35,000 pairs of Virgin-branded bras and G-strings before all websites and stores disappeared from
  10. 10. #6: Virgin Cars – Didn’t Live up to Promise Predicted and Promoted that the company would sell 24,000 cars in its first year, however the company only managed to sell 2,000 not even 10% of forecasted sales.
  11. 11. #7: Virgin Vie – £21 Million Written off The Virgin Cosmetics Company was a line of cosmetics and toiletries founded in 1997 and sold through a number of different channels. Online In Virgin stores Home parties
  12. 12. #8: Virgin Megastores – Open Too Long Virgin Megastores lived a long life. Opening in 1992, these stores where flagships of the Virgin brand but finally couldn’t challenge the impact of the rising digital music market
  13. 13. Branson wasn’t going to sit idle with the iPod and iTunes doing so well in a market he had once dominated. The rise of Apple’s iPods and iTunes meant that Virgin’s device suddenly looked out of date before we had even #9: Virgin Digital – Couldn’t Stand Up to Apple’s iPod
  14. 14. Failure is not something to fear. It’s normal and no-one is immune to it – not even Sir Richard Branson
  15. 15. To Read More Click Here Carl Taylor
  16. 16. To find out more about Business Builders Academy Click here to learn more: www.businessbuildersacademy.com.a u

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