Breakfast With Billionaires – Sir Richard Branson

3 Lessons Learnt From The Ever Zany Billionaire Entrepreneur

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Lesson #1: Hiring & Managing Employees

When it comes to hiring, personality is so important. And sometimes having one or two people to be “a little bit off the wall” thrown into the mix would be highly beneficial.

He also believes in giving employees second chances. There was once an employee who was caught stealing records from one of his stores and he gave him a second chance. This employee turned out to be most loyal in the end and discovered Virgin’s most successful bands like Boy George, Culture Club and Genesis.

Lesson #2: Screw it, Just Do It!

Set yourself a seemingly impossible task and then strive to get there. If you just tumble along day after day, it may be good but not much fun. Set yourself new challenges to try and overcome.

Lesson #3: Life is More Fun When You Say, “Yes!” Than If You Say,”No.”

Richard has a big fear of saying no and regretting it later. He’s never regretted saying yes even when there are times he’s fallen flat on his face. Cue the bet he lost with Air Asia boss Tony Fernandez and had to dress up as a stewardess on Air Asia’s charity flight.

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