Mar 05, 15
Read in July, 2011
Loosing My Virginity
Excellent autobiography. Mr. Branson has a lot in common with Sam Walton and Ray Crock, except Mr. Branson has a more magnetic personality that he's used to his advantage in the age of mass media. Like all great men, he is a man of his time, and used his adventurous rebellious persona to promote himself and his brand.
His story is insightful, motivational, and more importantly - useful.
Like Walton and Crock, Branson's growth always was happening with bankers in the background knocking at his door - up until he sold Virgin records for over $1B USD (mostly cash) and therefore had the solid collateral to borrow and do whatever he wanted.
There aren't many lessons for an entrepreneur to learn from Branson's post "Virgin Records" sale, and he admits that --- few are ever fortunate enough to make it to that scale. However, he points out many practical, no nonsense management ideas.
Most importantly, Branson always focused on his employees, on working hard and having fun, and on living up to high business standards - even when British Airways actually hired private investigators and PR teams to destroy his image, creditability and ultimately his ability to finance Virgin Airlines.
If you need another reminder to: SCREW IT, LET'S DO IT - then give Branson's autobiography a read. I'll definitely re-read this one some day.