Richard Branson: To Be Successful in Business, You Need a Little Luck

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Will be used in accordance with our Privacy Policy
Richard Branson: To Be Successful in Business, You Need a Little Luck
Image credit: LinkedIn
Entrepreneur Staff
Director of the Entrepreneur Partner Studio
min read

Luck. Perseverance. Success.

These were all topics billionaire entrepreneur Richard Branson discussed recently in a video interview with LinkedIn executive editor Daniel Roth. Branson was the first among the professional network's "Influencers" to cross the million-follower mark.

LinkedIn launched the Influencer network in October, allowing a select group of thought leaders in business to write posts and LinkedIn members to follow them. Other LinkedIn influencers include Barack Obama, Deepak Chopra, Arianna Huffington and Guy Kawasaki.

In the interview, Branson answered a sampling of questions submitted by LinkedIn members. Here are some highlights:

Related: 10 Ways You Can Be More Like Richard Branson

On luck in business: "You need lucky breaks to be successful. ... To create a business you've got to, initially, work day and night, weekends. It's really hard work. But lots of people do that and do not succeed. And, so, those who have succeeded do need to thank our lucky stars for the breakthroughs that got us to the top."

On women leaders: "I would encourage companies to work really hard towards getting a 50-50 [ratio] of women on their board. ... In countries where they've done it, like Norway and Sweden and Scandinavian countries, the companies seem to have benefitted from it."

On defining success: "To me, I've spent a lifetime creating things that hopefully I think can make a difference in people's lives."

Related: Richard Branson on Being Richard Branson

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.