- Richard has almost 40 companies under Virgin such as Virgin Cars, Virgin Cosmetics, and Virgin credit card.
- "If you can run one company, you can really run any." - Richard Branson
- There's a very thin line between success and failure.
- he sold his record company at the peak where it had it's greatest value, where Napster and all the other big music companies came into the business world.
- Virgin stands for quality.
- Total revenue: $25 billion.
- Total employees: 55 thousand.
- In the process of building a spaceship. (Virgin Galactic).
- Richard was dyslexic, failed IQ tests, dropout in high school, and a rebel.
- If he wasn't interested in something, he wouldn't grasp it.
- he didn't understand net and gross income until he was 50 years old.
- Wasn't allowed to go on bike rides and watch television.
- His mother pushes him out of the door at a young age, and tells him to find his way home to his grandma's house.
- Richard has been in prison first before becoming a millionaire.
- If you treat people well, people will come back for more.
- In order to become a successful business person, is to treat people fairly well.
- extreme wealth -> extreme responsibility.
- Richard is 56 years old.
- War Room: solve Africa's social problems.
- live life to it's fullest and make a difference.
- "first to know, first to handle." A great principle in helping with customer service.
- An unhappy customer will tell 10 people about a problem, while a satisfied customer will tell only 4 people about a good experience.
Wednesday, February 2, 2011
Notes on Richard Branson
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