Food for Thought: Richard Branson’s Rules for Life and Business

Sir Richard Branson’s name is world-famous. This extraordinary entrepreneur was born in London in 1950, and his long career as a businessman began at 16 when he launched a magazine named Student. As of 2020, Richard Branson is one of the wealthiest people in the UK, and the Virgin Group, which he founded, controls more than 400 companies in various fields. Branson’s innovative spirit and bold ideas are in line with Antares policy, so here are some quotes from Sir Richard that may be useful to both novice and experienced investors:

“Entrepreneurship has no place for conservative thinking because it clips your wings, makes you weak, unable to evaluate the facts and just kills you.”

Starting a new business and the first investment is always something new and unknown. No project is complete without imagination, an element of excitement and a willingness to make extraordinary decisions.

“If you’re starting a new business and ask me what lesson I could share with you, then I’ll say, “Be honest with every deal you make. Do not cheat, but strive for victory.”

In pursuit of quick income, some people decide to stop at nothing. Perhaps, in the short term, such a position bears fruit. Still, if you want to build a sustainable business, it is worth remembering the importance of reputation and the rules of healthy competition.

“In life, you always gain something and lose something. Be happy when you win. Don’t be sorry if you lose. Never look back–you cannot change the past. But I try to learn from past mistakes.”

Leading professionals in any industry understand the importance of losses. A mistake is a chance to learn something and reach a new, unprecedented level. It is important to remain optimistic and at the same time, be prepared for the fact that sometimes you have to face crises.

Get inspired by the ideas of multi-billionaire Richard Branson, while making your own decisions, achieve your goals and don’t be afraid to push the boundaries.