Richard Branson Has Words Of Wisdom If You're Thinking About Going Independent And Starting Your Own Business

Thursday, October 11, 2012 22:40
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Richard Branson Has Words Of Wisdom If You're Thinking About Going Independent And Starting Your Own Business

Tags: Advisor businesses | recruiting | registered investment advisors

If you’re thinking about going independent and starting your own business, you may want to heed advice from Richard Branson about being an entrepreneur.

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He says the best way to learn is by doing. Education makes sense as insurance against failure but a true entrepreneur will learn more by just getting out into the jungle.
 
But thriving in a jungle environment does take some planning. Branson advises making the quality of what you’re offering better than your competitors. Pay attention to detail and make sure every aspect of your service is top shelf.
 
Make your clients’ experience with your firm fun and embrace new technologies. Branson says that new technology will always compete with you and you have to think how you are going to compete with the new technology.
 
He says you have to be inventive with technology so that you don’t let it overtake you.
 
Create joy in the workplace, genuinely care about people, look for the best in people, and praise rather than criticize.
 
Branson says entrepreneurs never give up and that good leaders love people and create an environment where they enjoy working. If they tell their friends where they work and their friends tell them how lucky they are, that is key.

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