Wednesday, May 23, 2007

Financial Freedom - Richard Branson


The last blog I've written whether High IQs = $ ? Till now I can't say for sure, but THIS PERSON earn billions even with a "F" in IQ Test . That's Richard Branson.

Almost every articles I've read, successful entrepreneurs and billionaires are either graduated or were given an opportunity to study in prestigious universities (which they rejected)..I felt that these people have a certain calibre as they have made it to these schools, thus their success is not of a surprise.Richard Branson in a way represented us, the " norms" .. He was not the typical school whizz in school. In fact , he was considered the " notorious" type of student. Richard Branson received a note from his headmaster : " Congratulations, Branson. I predict that you will either go to prison or become a millionaire." Dropped out of school when he was 15. Has dyslexic. Dyslexic is someone having difficulty in reading , poor organisation or short-term memory problems. Hate Maths subject.Took him years to work out the difference between net and gross. Been caught by customs.Reason : to avoid taxes ( He used to deliver records in his early days). Spent the night in prison and paid £53,000 as part of an out-of-court settlement to avoid a criminal record. Took about six or seven attempts to obtain his driving license.

Richard Branson guts is most commendable. Action will be done once his ideas is set. I had read books and articles even from friends stating to weigh the potential , calculate the profit and loss before venturing ..blah blah ...and some of them were real proud thinking they are the " prodigy of business " and the sad fact is SORRY, YOU GUYS ARE NOT !

Richard Branson set up business objectives is not so much of money , rather HIS PASSION ! I've worked for several companies in Singapore and sad to say many top management staff focus on money than customers and employees. A slight economy downturn and you might be on the chopping list.

Below are the companies Richard Branson has start from scratch :

Virgin Atlantic - An international airline flying to many major destinations.
Virgin Megastores - Music Super-markets located in major locations in the UK, USA and Australia.
Virgin Books - Publisher and distributor of books.
Virgin Credit Card - Branson's attempt to provide credit card at a reasonable price.
Virgin Holidays - Book a holiday and fly Virgin Atlantic?
Virgin Trains - Virgin making trains sexy in the United Kingdom.
V2 Music - Largest UK based independent recording label.
Virgin Active - Chain of fitness clubs throughout the United Kingdom.
Virgin Galactic - Branson's planned affordable flight to space venture.
Ulusaba - Luxury game reserve located in South Africa.
Necker Island - Branson's own private island located in the British Virgin Islands.


Latest News
Sir Richard Branson is using USD $3Billion to fight global warming. Fyi, he takes taxi around town.

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