Submitted by: Erik Hoyer
Submitted to: Sean Wise
Course: ENT 526
Date: November 11, 2010
Richard Branson
Overview
Sir Richard Charles Nicholas Branson is one of the world’s greatest entrepreneurs. He was born in London, Enlgand in July 18, 1950. This British entrepreneur is best known for his Virgin Group, who has over 360 companies under the Virgin brand.
His first succesful business just started when he was just 16 years old, with a student magazine. In 1970, the following business venture was his record mail-oder and two years later, he opened a chain of record stores called Virgin Records, which later on would be called Virgin Megastores. Mr. branson Virgin brand, started expanding and growing around the 1980’s when he setted up new business ventures, like Virgin Atlantic Airways and expanded the record label, just to name a few of the many business ventures that were going to follow after.
This British entrepreneur is listed as the 212th richest person in the world according to Forbes’ 2009 list of billionares. Forbes magazine says his estimated net worth is 4 billion U.S dollars. “wikipedia.com – Richard Branson”. “ evancarmichael.com – Richard Branson biography”
The start of the Virgin Empire
Richard Branson was born in Blackeath, London, England and attended Scaitcliffe School until he was 13 years old. Richard Branson then went to Stowe School until he was 16 years old. The British young boy was outstading in sports and was the captain of both the football and cricket teams in the school he attended at the time, but it was being an entrepreneur what was running through his veins. His first two ventures were, growing Christmas trees and raising Australian parrots were a complete failure, which to many people don’t know about. This entrepreneur failed before he succeded, which is a great example of the survivorship/success bias concept, the misperception that if you’re an entreprenuer you are right away
Bibliography: EVAN CARMICHAEL. “ evancarmichael.com – Richard Branson biography”. 2010. WIKIPEDIA. “wikipedia.com – Richard Branson”. Richard Branson biography. 2010. TIME. “time.com – Richard Branson.” 10 questions for Richard Branson. 2007.