Last week I was fortunate to spend some time with mega-successful entrepreneur Sir Richard Branson and 100 other top entrepreneurs.
Branson conceived the Virgin Group in 1970 and it has gone on to grow very successful businesses (Virgin Mobile & Virgin Airlines to name a few) in numerous sectors.1
We had a chance to ask Sir Richard questions and here are five Success Tips he shared:
Success Tip #1…
Your business life starts at home – pick a good partner and respect them for who they are.
Success Tip #2…
The biggest challenge business owners run up against is being risk averse. At some point, you have to just say, “Screw it, let’s do it!”
Success Tip #3…
It’s important to keep fit – you’ve only got one body. Try to find fun ways to do it.
Success Tip #4…
Praise your team/employees – never criticize them. Treat them right and they’ll do anything for you.
Success Tip #5…
Don’t take yourself too seriously!
I found it fascinating that when one of us asked a question of Sir Richard, he would often respond by asking a question back; he seemed genuinely interested in us as individuals and it tied right into Success Tip #4. Sir Richard simply makes you feel that you matter. And he always looks for the best in people.
Sounds like a blueprint for a life well-lived!
Food for thought…
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Pamela,
Thanks for sharing this with us. I have always been fascinated and looked up to Sir Richard Branson. He is always positive, obviously successful/accomplished… and a positive role model for reaching your potential. His life story should be part of the curriculum for success in our schools. Thanks again.
Tony
Nice picture! 🙂 The “Food For Thought” is a great point.
I like & appreciate practical success tips. Food for thought: WOW… the DOW is such a gamble! Bank On Yourself is a great option!
What feedback did you get on the BOY program from Sir Richard and/or the other 100 top entrepreneurs?
Our time with Sir Richard was limited, so I wasn’t able to discuss it with him – I hope to in the future, though.
The other entrepreneurs love the concept. Many have had bad experiences with banks and finance companies and are ready to become their own source of financing and have true financial security.
MY COMPANY JUST TERMINATED OUR 401K PLAN, CAN THIS BE ROLLED INTO BOY WITHOUT PENALTY.
A Bank On Yourself Authorized Advisor can answer that question for you. At any rate, this is a great time to look into how this strategy could benefit you. You need a new (and better) way to save for retirement now anyway.
You can get a referral to an Authorized Advisor when you request your free, no-obligation Analysis.
I am curious why the company terminated the plan? It’s happening more frequently these days.