Video Interview With A Great Entrepreneur Richard Branson

Found this great video of entrepreneur Richard Branson taken on the amazing necker island that i think you’ll like.

Posted this link on Matts blog http://ma.tt/2012/07/plane-thinking/

Some of the key points Richard shared with us are:

• Find people that are better at doing your job than you are.
• Surround yourself with people that are genuinely excited about what you are doing
• Protect the downside.
• Create something to make a difference to other peoples lives.
• Piggyback off other people’s infrastructure if you can offer them your brand.
• Only as good as the reputation you’ve built overs the years.

More Tips From Richard Branson

“Success is creating something that I can be proud of.”  It is creating something that really makes a difference, that maybe shakes up whole industries and actually results in people’s lives never being quite the same again, and hopefully, for the better.”

• With wealth comes extreme responsibility. The problem with capitalism is that a few individuals become extremely wealthy.
• A Social Entrepreneur: Someone who uses their entrepreneurial skills to tackle social problems.
• Be extremely careful not to criticize people. Make sure you look for the best in people and lavish praise on people.
• The absolute key is being a good listener. Do something about the suggestions that your staff will tell you.
• You have to be a good delegator. You’ve got to try to find people who are better than yourself to delegate to. You’ve then got to stand back and give them a lot of freedom to make mistakes, as well as to make good things.
• It’s important to realize that if working is 80 percent of your life, it should be fun. You can take certain aspects of business seriously, but once you’ve dealt with the safety issues the rest should be fun and can be fun.
• As an entrepreneur, you’ve got to love a challenge and you’ve got to be willing to push the limits beyond what other people think is impossible. Never accept no for an answer.
• A successful entrepreneur just loves to prove people wrong.
• Get your brand on the map. Getting your brand or your company’s name out and about is absolutely critical, particularly if you’re a consumer-oriented brand. You have to be willing to use yourself, as well as your dollars you spend on advertising, to get your brand on the map. Often a good PR story is far more effective (and cheaper) than a full-page ad.
• Have a “yes” mentality. You’re going to get so much more out of life if you just say yes at every opportunity.

Transcript by Joe Polish

• What you don’t like about whats said in this video and by who?
• There’s plenty i disagree with and there’s also some valid points