Practical Advice from ‘Losing My Virginity’ by Richard Branson (An Actionable Books summary)

“Conventionally, you concentrate on narrow boundaries when running a company. Not only do I find that restrictive I also think that it’s dangerous.”

Losing My Virginity, page 409

I was astonished to discover that this 600-page book could be boiled down to a handful of business principles. A separate lesson all its own, you’ll realize as you read Losing My Virginity that Richard Branson, rebel that he is, rebels in a consistent and predictable manner.

Raised by parents who constantly challenged him, beaten down by teachers who were clueless about his learning disabilities, Branson’s youth gave him a balance of determination and joy. His businesses have all been an extension of his personality. While it’s easy to dismiss advice like “have fun, be creative, follow your dreams” as new-age nonsense, it’s hard to argue with the success of the man who has launched more billion-dollar businesses than anyone in history.

Because his success is, not just well-known, but the stuff of legend, I’ll include more extensive quotes than usual, and keep my comments to a minimum. He can speak for himself.

Here’s what you’ll learn: … more … “Practical Advice from ‘Losing My Virginity’ by Richard Branson (An Actionable Books summary)”

When You’re All at Sea is No Time to Remember the Anchor

The first characteristic of an excellent company, according to Tom Peters and Bob Waterman (In Search of Excellence) is a bias for action. Those companies which lean toward doing something were in better shape than those which gave the appearance they were afraid of action unless it was guaranteed safe.

That’s not to say that a bias for action can’t be married to careful planning.
… more … “When You’re All at Sea is No Time to Remember the Anchor”