A company where the staff overuses the word “they”, is a company with problems. ▶Managers and business leaders should watch for this tendency. I can gather my team and embark the next venture again, a lot wiser. If things don’t work out, I will take the escape hatch. It is the people who make my company exceptional.

I am going to protect my other businesses and the people in the businesses. Negotiate my way to create an escape hatch. We have to be ready to take risks, but we always need to have the escape hatch if things didn’t work out. ▶Richard kept splitting his companies into smaller companies to ensure that they kept their sense of competition and urgency. If small companies make extra service for customers, they also need larger capital to provide the same extra service as they need to standardize as much as possible to all the branch globally. Big companies have a huge hierarchy that makes them slow in making a decision. ▶Small companies can beat big companies by emphasizing on agility. And then, remember to “catch people doing something right.” A chain from the top management to the low management, to the front-liners, to the customer, to the friends and family of the customers. Less aggression and more determination is what I need. If I am getting angry, take a deep breath, realise I am taking it too personally and take a step back. ▶When negotiating, remain calm and collected. ▶The key skills are in my ability to follow my vision, the ability to listen to others and the art of delegation. ▶”People Power – The Real Engine of Any Business”, good people are not crucial to the business, they are the business! Remember that there are 3 things that can make a business successful (from Robert Kiyosaki): Team, Mission, Leadership. Jot down questions, concerns, and good ideas. Talk to customers, listen to what they tell you, good and bad, and act on it. Never openly criticize people, never lose temper, quickly appreciate and thank people for jobs well done.ĥ.

All employees have to be proud to work in my companies ! People outside my company are also proud to associate with my companies !Ĥ. Something that can change the way people live !ģ.

Be innovative – create something different. ▶5 secrets in starting a business and making it work:Ģ. Summary is in point form, in easy-to-understand sentences.

It is a must-read book for aspiring entrepreneurs. Richard Branson started since he was really young and eventually built a business empire. It is filled with stories of Richard Branson. I wrote this book summary when I was reading it in 2013.

Branson like a virgin