📺 Stream EntrepreneurTV for Free 📺

The Unbeatable Rightness of Branson This Labor Day weekend, we're turning Entrepreneur.com over to Sir Richard Branson. Here is why we think he's one mogul worth learning from.

By Brian Patrick Eha

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

economia.icaew.com
Richard Branson

It isn't just any entrepreneur who could take over our website for an entire weekend. But Sir Richard Branson is a man apart.

At age 63, the London-born founder of the Virgin Group empire still retains the vitality of the young daredevil who shook up the music industry with his record label in 1972. He is known as much for his death-defying stunts -- he established records crossing the Atlantic in a boat and the Pacific in a hot-air balloon -- as for his business acumen. His high tolerance for risk, both personally and professionally, has paid dividends, netting him a personal fortune of $4.6 billion, according to the most recent Forbes estimate.

Among world-class entrepreneurs, though, some are richer than Branson. A few, including Elon Musk, are as visionary. But no one else has the same boldness, the same willingness to bet the farm again and again. Apple's "Think Different" ads in England featured him alongside Einstein and Gandhi as a transformative figure of the 20th century.

He is a man of surprising contrasts -- devil-may-care and socially conscious, shy and publicity-seeking, both a dreamer and a doer. His nearly 50-year career has led him from record sales to commercial space travel, with forays along the way into telecommunications, airlines, railways, vodka, biofuels and much more. The United Kingdom-based Virgin Group encompasses more than 400 companies around the world.

But there is a method to his seeming madness. Branson again and again has pursued what he is passionate about, entering an industry only if the existing options frustrate the hell out of him. "There is no point in going into a business unless you can make a radical difference in other people's lives," Branson told Entrepreneur magazine last year.

In that spirit, we're turning Entrepreneur.com over to him for all of Labor Day weekend -- his most popular columns, his best business advice. Whether or not you see yourself as a "tie-loathing adventurer and thrill seeker" like Branson, the blond-maned billionaire can surely teach you a thing or two about achieving success. After all, this is the guy whose interest in life comes from setting "huge, apparently unachievable challenges and trying to rise above them," as he wrote in his autobiography, Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way (Crown, 1999).

If you can bring even a fraction of his energy and enthusiasm back to work with you after the holiday, you'll be doing all right.

Brian Patrick Eha is a freelance journalist and former assistant editor at Entrepreneur.com. He is writing a book about the global phenomenon of Bitcoin for Portfolio, an imprint of Penguin Random House. It will be published in 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.