Updated: Apr 16
He's one of the UK's most successful businessmen and a business icon. His latest project is Virgin Galactic, which he hopes will soon become a corporation for space tourism.
At the age of 16, Richard Branson left school and set up Student Magazine with a friend of his. He launched Virgin Records in the 1970s and is the Virgin Group's chairman. He formed Virgin Atlantic airline in the 1980s and Virgin Mobile and Virgin Trains arrived in the 1990s.
Top 10 Successful Tips:
1, Make the optimistic difference and do some positive
If you want to become an entrepreneur, the first thing to do is simply to have an idea that will make a positive difference to the lives of other people. It's just a company.
If you're running a business, in this world you're in a position to make a hell of a difference.
I always think it's #great for a company's employees to feel good about an actual company.
2, Follow your dreams and simply do it
Follow your dreams, get involved in the things you're interested in. If you're going to start a company, make sure that you're really enjoying your hobby, your passion, or something.
That way you're going to live a much better life. Don't just set out to do something to make money.
I think many people have a lot of great ideas, but really very few people go out and try to put it.
3, Be the best in what you believe
Trust your ideas and be the best
You must definitely believe in your idea. There is really no point in doing something in life unless people really feel good about it and are proud of it. You have to be enthusiastic about it and you have to be able to inspire others to be passionate about it too.
If an idea is a good idea, you should be able to put it into two or three sentences and fit very neatly into two or three sentences.
4, Look after your team and have fun
I think it's important to have fun, 100 percent, and if you don't have fun, it might be time to move on. From the top down, you should have fun and build the kind of atmosphere in which to work.
Make sure you have the kinds of people running your company who really care about people, who are looking for the best in people, who are celebrating and not condemning.
5, Don't quit!
Not giving up is extremely important. During my travels, there have been cases like crossing the pacific in a balloon, where the odds against us surviving have been stacked very heavily.
6, Spend time with family and learn how to delegate
I believe I'm a good businessman, but I'm not sure I'm going to be a very good manager and there's a difference. For this reason my mind still thinks ahead and wants new things to be made.
The practice of delegation is one of the early things you have to do as an entrepreneur. Find people who are better at running the business on a daily basis than you are, free yourself to think about the bigger picture and spend time with your family.
That's very important, especially if you have kids, when you're gone they're what's left.
7, Make lots of lists and continue to challenge yourself
I'm making a lot of lists because I think it's the little details that make an average #company exceptional. Definitions are very important and I think it is important that you continue to set new challenges and goals for yourself.
I think it's a good time to write down your expectations for the year for the first year. When you plan and write down the kinds of things.
8, Just prove them wrong if people say bad things about you
There are people hanging on successful people's coat tails and trying to sell a couple of books on their name's back. It's frustrating, but you know that if you sue or kick up a fuss, all you're going to do is publish the book. So I had to learn the art of avoiding these men.
I think the best thing to do is to prove that they are wrong in every way.
9, Try to turn off the television and go out and do stuff
My mom brought us up a bit to get out there and do something, don't watch other people doing stuff and don't watch TV. I think it was a good way to bring up kids. We've spent a lot of time in the #Caribbean with my own kids, and we've never watched television there.
I guess I should turn off on Necker Island where we're kind of pulling up the drawbridge.
10, Have a kitchen sofa and do what you love
You're just living one life, for this reason do the things you'll enjoy. When life boils down, it may sound like a little of me, I've got my own small Caribbean island, but when we're on that island, we tend to live in the kitchen.
The reality is, as long as you have a kitchen with space for a couch, a bedroom, and a partner you love, You don't even want lifetime add-ons.
So, if you're doing something that really interests you, it's going to lead to a much more enjoyable life than just doing something to make money.
Be one of the few and become a successful entrepreneur now!