Branson was born in Surrey, England in 1950. Both his father and mother were working class people; (father was a barrister while his mother was a flight attendant). He struggled with dyslexia at a young age which was a hindrance for his education. (Biography Online, 2014)
He attended Scaittliffe School but due to his illness, he nearly failed all his classes. When he was 13 years old, he transferred to a boarding school in Stowe. Due to his difficulties, Richard dropped out three years later. This was the phase in Richard’s life that he discovered his entrepreneurial skills as he started a magazine for mostly youth; Student in 1966 which was run by students for students and sold a lot during the first years. (Biography.com, 2014)
Around 1969,
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(Business Day Live, 2014). He was constantly interested in new challenges which in turn changed his reaction towards different and difficult situations such as when he started signing artists into Virgin records; he had no idea whether the artists songs will make profit or top the charts, he took a chance and risk which eventually led to his success.
Furthermore, Branson possessed great sales, negotiation and leadership skills. Despite having dyslexia, he turned this weakness into strength; as he dropped out of school and created the magazine Student, which was the start of greater things ahead. He used his negotiation skills to collaborate with Scaled Composites to build a spaceship and sales skills to sell those magazines in the 1960’s. (Entrepreneur, 2014)
Another strength advantage includes the strategy with which Branson operated called the “branded venture capital”. He opened a variety of chain businesses with very little revenue with this approach. (Entrepreneur, 2014). The catalyst was utilising the Virgin name; he gave different investors/businesses the name in replacement for interest in the business. Due to this venture he now owns and holds companies like Virgin Radio, virgin Hotel, Virgin Cola and others. (Entrepreneur,
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This is evident when he opened Virgin Records due to the postal strike of the mail order music business. (Biography Online, 2014). He also lost some of his artists like Oldfield and major revenue but he never gave up; he signed Sex Pistols which also brought success to his business. (Biography.com, 2014). He is also being considered as an amazing manager and leader as he takes good care of his employees and customers as he also imparts his knowledge on his employees. Despite the competitive grounds in the industry, he still succeeded in surviving and holding his grounds. Regrettably, Branson made some unethical choices in his life such as his continuation of operating Virgin records despite the fact that the store was undergoing cash flow problems due to fewer sales and to evade excise tax on sales. (Solutions,
Born in 1958 in Wetumka, Oklahoma, Herrington’s family moved fourteen times during his school years and he ended up graduating from Plano High School in Plano, Texas. I recently had a chance to visit with Mr. Herrington and he told me, he started college at the University of Colorado in Colorado Springs and was enrolled as a part-time student and working at a local restaurant. He was suspended with a 1.72 grade average because as he stated “ I didn’t put the effort into it.”
was a school master. At the age of 16 he left school to work as a wool
Langston Hughes was born of February 1, 1902 in Joplin, Missouri. Growing up Hughes didn’t really have a stable and permanent family unit. After he was born his parents separated. His father moved to Mexico, while his mother moved around from place to place, Hughes was predominantly cared for by his grandmot...
During his lifetime he was known as the wealthier self-made man in the world. Howard Hughes’ riches directly and indirectly helped America’s economy flourish for many decades. For one, Hollywood films accounts for a portion of U.S goods and service revenues. Also, he created many job opportunities for men who could not seek job during the depression and beyond. Two, Hughes was known for spending excessively thought-out his life and more so towards he later adulthood. He purchased an entire Nevada hotel, after refusing to leave when asked. He became Navada’s biggest landlord. Hughes went on a one hundred million dollar buying spree; he bought casinos, local airport, and a television station. All of which helped expand America’s economy. Also,
Jamie definitely went to school, and a few good ones. He went to Joyce Frankland Academy, an elementary college He applied and got into Westminster Catering
We will look into the life of James Brown. He is known for his music. In his life, he had to face many obstacles, but through determination, he changed his life cycle. We will touch on the influences in his life, developmental stage and theories that best fit his personality.
Change is inevitable and many times the smallest decisions can change your life forever. From how we mobilize to what we listen to. Henry Ford and Michael Jackson both revolutionized our era to create what we have today. Henry Ford did not invent a car, but he made it a utility everyone could and wanted to use, eventually leading to the modernized world we live in today, As well as Henry Ford, Michael Jackson changed our world. He is known worldwide as the king of pop and also known for the impact he had in the music industry. Although Michael Jackson mainly impacted our music he also changed out music videos, dance, fashion and the music industry itself. Even though both these men had tremendous success in their lives, both also faced
Born in Atlanta, Georgia on June 8th of 1977 to successful parents, his mother was an english professor and his father an award winning photographer and church counselor. They divorced a mere 3 years after Kanye was born. West spent most of the year with his mother, on the south side of Chicago and the summers with his father. Despite the success of his parents and a separated family, Kanye never let large shadows cast doubt on his worth.
could never be as successful as his past. He did know that his work would have
Carter G. Woodson was born on December 19, 1875. He was born in New Canton, Virginia. He was the first son of Anna Eliza and James Woodson. His mom and dad were slaves at the time he was born, so he did not have a nice house or great food. Carter G. Woodson was born at a time when people thought blacks were bad.
saw the future demands of the computer industry. He was able to build a personal
lot of money and he became rich. I think that this part of his life
went on to high school at Central High in Louisville Kentucky. Though devoted fully to
Nonetheless, his charismatic leadership style didn’t mean he avoided working towards the vision. He didn’t hesitate to cut costs, even if it meant laying off employees, because his ultimate vision was about creating a valuable and respectful business. He wanted to create an organisation that would beat its rivals and in order to do this, he had to weed out mediocrity from his company. While this meant certain people had to go, it also improved the company’s communication, its development and ultimately its bottom
The success of a business is greatly dependent on its entrepreneur. An entrepreneur is someone who takes the financial risk of starting and managing a new business venture. In order to be a successful entrepreneur, one must be ready to take a risk and invest one’s own savings into a business. The job requires that the individual be ambitious and committed to working hard in order to achieve the set targets. A successful entrepreneur is able to multi-task and communicates effectively with people, possessing leadership qualities such as confidence and motivation. The individual must play the role of constant motivator and inspire employees to improve their work performance, whilst ensuring a comfortable environment for the employees to work in. According to Schumpeter (1982), an entrepreneur is more of a ‘heroic’ than an ‘economic’ figure; his motivation should not solely be monetary, rather stemming more from inspiration and ambition.