Although it’s a multi-billion dollar enterprise now, the Virgin Group came from humble beginnings.
The same is true of its founder, Sir Richard Branson. Over the years, Branson has accumulated a plethora of knowledge on business management and entrepreneurial issues (in addition to understanding how to be a great leader). He shares some of it in this short video.
When it comes to handling your employees, Branson is a believer in praise. He says that it’s vital in helping your employees flourish. Branson also shares another story about the early days of the Virgin airline. The moral of the story? People are not beholden to their sources of income (bank loans in this case). For more advice from someone who’s seen it all, watch the full video above.