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Richard Branson’s 10 Rules For Entrepreneurial Success (video) - Business - Nairaland

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Richard Branson’s 10 Rules For Entrepreneurial Success (video) by raysville(m): 6:31pm On Aug 16, 2015
Richard Branson is an entrepreneur, visionary, and risk-taker who has amassed a fortune of over $4 billion.
He has created one of the largest holding companies in the world, and it all started with his young company over 3 decades ago, Virgin.
Branson has developed a reputation for being a risk-taker and someone who values fun over everything else. He lives on a 74-acre island called Necker Island, and spends his days surfing, hiking, and doing other wild activities while running his empire during his spare time. It’s amazing to see the lives that Branson has impacted, and it’s even more amazing that he is still doing it with great joy.

1. Keep it simple

Richard Branson has dyslexia, meaning he has trouble reading and often times mixes up words and letters. Yet he has still managed to amass a fortune of more than $4 billion. Do you think he did that by making things complex?
Branson prides himself on his ability to keep things simple. As an entrepreneur, that’s exactly what you want to make a habit of. It’s very tempting to make things complex, because all the “cool businesses” have so many elements and have so much sizzle to them. And we all want to create the next Facebook, or Google right? However, these companies slowly progressed into those complex looking systems and they are most likely just a series of simple processes put together.
Keep things as simple as possible. That’s where the money is made. You want to be able to convey your ideas, products, and services as clearly and simply as possible.

2. Give it a try

Rather than debating for days and weeks and months about whether or not to try out a new idea or business, you’re better off just giving it a shot. What’s the worst that can happen? With the internet, testing out new concepts and businesses is relatively cheap and you can usually find out pretty quickly if you have a goldmine on your hands or not.
Instead of debating about whether or not to move forward with your idea, just give it a try. If it doesn’t work out, you can always go back to doing what you were doing before.

3. Be a leader

As a company, you are simply a group of people who are all striving towards a greater goal and vision. And with all groups of people heading in the same direction, a strong leader is needed to make sure the gang stays on course together. Otherwise, your business is doomed.
I don’t think it’s any secret that leadership is a crucial skill to any founder or entrepreneur. Whether you are leading thousands of people, or simply only leading yourself, it’s important to have a clear vision and work hard each day to make that vision a reality. Clearly relay your vision to as many people as possible and ask them to trust and follow you.

Watch video read complete article @: http://raysville..com/2015/08/richard-bransons-10-rules-for.html

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