NAME : KARISHMA SURESH WAHANE.
REGISTRATION NO. : 20201093.
SECTION : BETA.
SUBJECT : ENTREPRENEURIAL DEVELOPMENT.
TOPIC : SUCCESSFUL STORY OF ENTREPRENEUR ( SIR
RICHARD BRANSON).
AN ENTREPRENEUR
Richard Charles Nicholas Branson
Age : 70 Years.
Birthplace : Blackheath, London.
Profession : Businessman, Author.
Net worth : US$ 5.6 billion
INTRODUCTION
• Richard Branson was born as Richard Charles Nicholas Branson
in 1950 in Surrey, England.
• His father Edward James Branson and Mother Eve Branson. As a
child, he did not fare well in school. Because of his dyslexia,
Branson was always struggling to keep up in school.
• He went from Scaitcliffe School to the Stowe School, a boarding
school in Buckinghamshire, England. At 16, he decided to drop
out for good.
• This socially unconventional move led him to establish Student,
a youth-culture magazine for students.
CONTINUED
• Richard Branson is an English business tycoon and
philanthropist who owns the Virgin Group.
• Starting with Virgin Records, the Virgin group has more
than 400 companies.
• A serial entrepreneur, Branson has led an extraordinary
life full of ups and down.
• He has turned his failures into stepping stones for success.
THEY BEGAN BUT THEY FAILED MOST OF
THE TIME:
• Student magazine,1967.
• Virgin Atlantic Airlines, 1984.
• Soda company, 1944.
• Virgin cars,2000.
• Clothing company and cosmetic brand, 1996.
• Virgin Digital : Music download site.
BUSINESS STRATEGY
• Branson believes that the correct pecking order is
employees first, customers next and then
shareholders.
• His logic is simple and sound: If your employees are
happy, they will do a better job.
• If they do a better job, the customers will be happy,
and thus business will be good and the shareholders
will be rewarded.
HOW HE BECAME SUCCESSFUL ?
• When he was 16 years old,he left the school to move to London to
start his business with student magazine.
• Then he founded the virgin mail order record company at the age
of 19. and then they succeed in selling mail order records.
• After that, they opened record shop and then they launched their
own record label, named Virgin records.
• Then, in 1973, Branson‘s biography took a new dimension with the
release of Mike old fields.
• This was first release for virgin records which went on to become a
best-seller throughout the England.
THEIR
BRAND
• In 1970, Founded the
virgin group.
• Launched more than 400
companies under the
Virgin brand.
THEIR EMPIRE
TOP WELL KNOWN COMPANIES :
• Virgin Australia, 1970.
• Virgin Records music label, 1983.
• Virgin Atlantic Airways, 1984.
• Virgin Mobile, 2001.
• Virgin Galactic, 2004.
• Virgin Media, UK’s fastest broadband, 2006.
VIRGIN AUSTRALIA, 1970
• Virgin Australia, it is an airline,it is the largest airline
by fleet size to use the Virgin brand in 31st
August,2000.
• It commenced services as virgin blue,with two air
craft on a single route.
• In September 2001, after the collapse of Ansett
Australia it suddenly found itself as a major airline in
Australia’s domestic market. Then airlines have
VIRGIN RECORDS MUSIC LABEL, 1983.
• This is a music distributor of music record
labels owned by universal music group.
• It is founded in 1983, by virgin in records as a
record importer.
VIRGIN ATLANTIC AIRWAYS, 1984.
• Virgin Atlantic Airways is a British airline.
• It is established in 1984 as a British Atlantic
Airways.
• Its head office in crawley, England.
• It was established to fly between London and the
falkland Islands.
VIRGIN MOBILE, 2001.
• Virgin Mobile is a wireless communications
brand used by seven independent brand.
Licensees World wide.
• Services available in combodia, UK, Ireland, etc.
VIRGIN GALACTIC, 2004.
• Virgin Galactic founded in 2004.
• It is an American spaceflight company within
virgin group, which is based at Mojave air and
space port in California.
• It is a developing commercial spacecraft and
aims to provide suborbital spaceflights to space
tourists.
VIRGIN MEDIA, 2006.
• Virgin Media is a British telecommunications company
which provides telephone, television and internet services
in the UK.
• Headquarter situated at England.
He was presented theACHIEVEMENTS
United Nations Correspondents Association Citizen
of the World Award for his contributions to humanitarian causes on
December 7, 2007.
He was awarded the ISTA Prize by the International Space Transport
Association for his contributions pertaining to space transport systems on
November 14, 2011
In 2012, he was ranked the 4th richest citizen of the United Kingdom in the
WHAT SHOULD LEARNED FROM
THEM ?
• If you’re not unique, you won’t get noticed.
• Never give up.
• There can be no profit without a well defined
purpose.
• Always start with a new approach, if things doesn’t
work out as planned.
• It is always batter to build your own footpath than
follow other companies footsteps.
Thank you
