Richard Branson Encourages Entrepreneurs to Take a Back Seat in Their Businesses at 6th Virgin Disruptors Panel Discussion
03.10.2016

Richard Branson Encourages Entrepreneurs to Take a Back Seat in Their Businesses at 6th Virgin Disruptors Panel Discussion

Sir Richard Branson continued his controversial streak today when he said, that the key to his success “If you want to succeed, you have to put yourself out of business as quickly as possible. Of course, that doesn’t mean your business has to go out of business. It simply means that you have to find brilliant people who are better than yourself to take on your role, freeing yourself up to look at the bigger picture.” He shared his secret to success as part of the Virgin Distruptors Panel alongside panellists Solly Solomou (Founder, The LAD Bible), Peter Smith (CEO, Blockchain), Holly Ransom (CEO, Emergent) and Emma Sinclair MBE (Co-founder EnterpriseJungle).

 

Together the panel addressed the concept of disruption and delved into the purpose, passion and drive of entrepreneurial values. Branson highlighted that with the right mindset, anyone can become a disruptor, and without his disruptive behaviour, he would never have achieved everything he has today. Virgin Atlantic in particular was born at a time where British Airways had the monolopy within the market. Branson saw an opportunity to offer something different, which paid off. In his words “if you are going to take on a big guy, make sure your product is far better”

 

Solly Solomou (Founder, The LAD Bible) said, he feeds disruption within his company by “finding hungry people and giving them a licence to grow”. Holly Ransom added that the key to disruption is being comfortable with the uncomfortable, but it takes a disruptive flare to turn an idea into an action.

 

For more information please visit www.virgin.com/disruptors