richard branson success story, richard branson, rags to riches story

richard branson success story, richard branson, rags to riches story

Richard Branson is the British business magnate and investor. He is the founder of Virgin Group and has owned more than 400 companies.

He is the only entrepreneur to build eight separate billion dollar companies in eight different industries and his net worth is $5 billion.

Known for his daredevil personality, Richard Branson’s business venture included Virgin Megastores, Virgin Mobiles, Virgin Airlines and Virgin Galactic; the Virgin Spaceflight Company.

There is a very interesting story behind the start of Virgin Airlines, have a look at the success story of Richard Branson.

The Success Journey of Richard Branson

Dropout from School and Started Student Magazine

Having no interest in studies, he dropout from school at the age of 16 years to start magazine named “Student.” It was a mail-order record business. He made a quick buck by selling advertisements to local businesses.

He writes about the education in his new book, Like a Virgin: Secrets They Won’t Teach You at Business School.

Had I pursued my education long enough to learn all the conventional dos and don’t of starting a business I often wonder how different my life and career might have been. -Richard Branson

Founded Virgin Records

He started selling mail records to the students who bought the magazine. His idea worked so well that within one year, he opened his own recording label and recording studio and named it as “Virgin Records.”

His record company witnessed a huge success as high profile performers like the Rolling Stones and Sex Pistols signed under the label.

Branson became millionaire by the age of 23. Nowadays, his Virgin Records is popularly known as Virgin Megastore.

Recommended: Sylvester Stallone’s Success Story will Inspire You to Pursue Your Dreams

How he Started Virgin Airlines

Branson was in his late twenties and was going to Virgin Island to meet his girlfriend. At the airport, his final flight to the Virgin Island was cancelled because of some reason.

It was the last flight of the day and he was really desperate to go there, but he can’t unless he chartered a private airplane that can take him to the Virgin Island.

But he didn’t have that much money and at that time, an idea clicked in his mind. He picked up a small blackboard and wrote “Virgin Airlines $29” on it. He sold the tickets to the people who too wanted to go to the Virgin Island.

He used that money to pay for the chartered plane and everybody reached their destination with the help of “VIRGIN AIRLINES.”

And after that, he acted upon that idea to make it the real business and founded Virgin Airlines.

Successful People Start before they feel Ready

This is the Ultimate lesson which we can learn from him, successful people start before they feel ready. They don’t wait for the perfect time to arrive and guaranteed success plan.

He lives his life with only one mind set and that is “Screw it, Let’s do it.” And he has even written a book on it name, “Screw it, Let’s do it: Lessons in Life.”

He fully justifies it because he actually live the life that way. At the age of 16, he quit from going to school and started his own business. He and his friends were virgin at the time when they started their business that is why they named their business empire as “Virgin.”

Today he owns more than 400 companies including many ventures, businesses, expeditions and various other business. But his educational qualification is too small for all this.

He had never flown any plane and didn’t know anything about planes, but he started airlines anyway. Actually he was never prepared for the things he did in his life but he took the initiative anyway to make that happen and guess what? He was successful at every step!

Recommended: 13 Lessons I’ve Learned From Paulo Coheleo’s Book “The Alchemist”

The Bottom Line:Start Now

Don’t waste all the time in making yourself prepared rather jump into the situation and act! Successful people are always ready to take off because they believe in learning while doing concept.

When you are working on something important, you will never feel ready, you’ve numerous doubts in mind and you’re pulled by the confusion and pushed by the excitement at the same time.

It doesn’t matter what you want to accomplish, you want to write a book, start a blog, lose weight or anything. Always remember that the things or time you have right now is enough to make a good start.

At the starting all the people are at the same level- no money, no resources, no experience, nothing- but winners start it anyway. So be smart and act now!

Richard Branson Quote

You don’t learn to walk by following rules. You learn by doing and by falling over. [Tweet This]

 

source: jamesclear.com

9 COMMENTS

  1. Wow, what an article. It’s my first time to your site, Vishnu, and I really enjoyed the content you put out. Very inspiring indeed!

    I did not know the story behind him getting started, so that was very good to know. I have already shared your article on Twitter, and I will definitely be back to check out more of your content.

    Have an awesome day.
    – Carol 🙂

    • Hello Carol and welcome to Calling Dreams,
      I’m so glad that you find my post inspiring and I’m happy to see you here 😀
      Thank you for sharing it with your audience Carol that means a lot to me 🙂

  2. Hi Vishnu,

    Yes indeed, I’ve read about Richard Branson and his life in one of the newspapers and even online. He surely has achieved success and come up from where he was because he had the faith and belief he could.

    He dared to be different, he went ahead with his instincts, he feared nothing, and thus took up new challenges to achieve success.

    It’s just what other successful lots to, just as you mentioned, they move forward without really waiting for the ‘right time’, which actually never comes. Time always has to be created I would say, and each one of us has the ability to create it, though only a few of us really go ahead and do so – they turn out to be successful as compared to the rest.

    Thanks for sharing. Have a nice week ahead 🙂

    • Hi Harleena,
      Yeah you are correct, the way he embraces his business is inspiring. He runs his business in a very different way irrespective of every other entrepreneur out there. Last month, he even give allowance to all his employees to take unlimited holidays. These kind of things shows that how much he loves his entire team.
      Thank you Harleena for your insightful comment, have a happy week ahead 🙂

  3. Wow! Richard’s story is inspiring and he is very bold in taken innovative steps. It’s no wonder that he was able to achieve great things.

    • Hello Ikechi and welcome to Calling Dreams,
      Yeah, Richard Branson is fun loving entrepreneur with a daring personality. I just loved the way he embrace his entire Virgin Group. His story is true inspiration for all of us that we too should start early before we feel ready.
      Thanks for visiting Calling Dreams, have nice week ahead 🙂

  4. Hi Vishnu, its my first visit to your blog and I must say it looks the way it reads – Fabulous!
    This particular post was more than inspiring and loved every line written here.

    Great I could know more of Richard Branson from you.

    • Hey Swadhin,

      Thank you and a very warm welcome to you at Calling Dreams. I’m glad that you liked my blog, that ,means a lot to me.

      Yeah, Richard’s story is very inspiring and I personally have learned lot of things from it.

      Keep visiting Calling Dreams, there’s lot more inspiring stories on the way, thanks!

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