5 Tips from Richard Branson

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For young Entrepreneurs

1 Challenge yourself.

Learn from the best – Richard Branson says his biggest tip for surviving his own his entrepreneurial journey is to keep challenging himself. He has been known to say that life is like one long university education, where he can learn more every day.

2 Figure it out yourself.

“Too often adults keep kids safe, ‘protecting’ them from the hurt that’s associated with failure. This is a big mistake,” he wrote recently. “The more children are told they can’t do something, the more they will lose their curiosity and determination. I am grateful to have had encouraging parents, who instead of blockading and trouncing my curiosity, allowed me to figure things out on my own
accord.”

3 Take the risk.

One thing Richard Branson leads the way on is taking risks. He has never been afraid of pushing the limits. He been heard saying many times – we sometimes fall flat on our face. But people don’t mind people who try things and fail.

4 Solve a problem.

On one of Virgin’s weekly instalments of Richard Branson said ‘a major predictor of success is the character and quality of the idea itself. It doesn’t matter how new or unusual your idea is, if it does not fill a gap in the market and improve lives, then it is unlikely to be well received.

Often the best way to find this gap is to look around you — are there services that could be improved or a product that could make something easier? said Branson.

5 Always say yes.

Often known as the ‘Doctor of Yes’ Branson shares on his blog that “even if I have no idea where I’m going or how to get there, I prefer to say yes, instead of no – opportunity favours the bold”. “If somebody offers you an amazing opportunity but you are not sure you can do it, say yes – then learn how to do it later!” Branson writes. Check out him talking about saying Yes here: https://www.youtube. com/watch?v=HDsKoaCpww0