Simon Squibb

I Asked Richard Branson How To Start A Business

9 snips
Jan 14, 2025
Richard Branson shares his secrets on how anyone can kickstart a business from scratch. He emphasizes identifying a problem as the critical first step. Getting ahead on revenue is crucial, and having supportive partners can make all the difference. Branson discusses the importance of building a recognizable brand and taking calculated risks. He also sheds light on the unique entrepreneurial challenges faced by those with dyslexia. This engaging conversation is packed with actionable insights for aspiring business owners.
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ADVICE

Find a Problem and Solve It

  • Identify a problem that frustrates you.
  • Create a solution and strive to improve upon existing offerings or develop something entirely new.
ADVICE

Get Revenue in Advance

  • Secure revenue upfront before delivering products or services.
  • This approach minimizes financial risk and provides capital for initial expenses.
ADVICE

Work with Believers

  • Surround yourself with a passionate and supportive team who share your vision.
  • A strong team can overcome many obstacles and achieve great things.
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