In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business. Richard Branson More Quotes by Richard Branson More Quotes From Richard Branson Your brand or your name is simply your reputation, you have to fight in life to protect that as it means everything. Nothing is more important. Richard Branson fighting names mean There is no greater thing you can do with your life and your work than follow your passions – in a way that serves the world and you. Richard Branson passion powerful world All good leaders listen to their people and empower them to go away and turn any innovative ideas they have into a reality. Richard Branson reality people ideas One thing is certain in business: you will make mistakes. When you are pushing the boundaries, mistakes are inevitable-how you react is important. Richard Branson pushing important mistake Don't think what's the cheapest way to do it or what's the fastest way to do it. Think what's the most amazing way to do it. Richard Branson powerful business inspirational I myself have benefited from many mentors throughout my life. Richard Branson mentor I think business leaders all over the world should not just think of how we can make lots of money, which is fine, but to take some of the problems in the world and get out there and tackle them using business. I think that if businesses do that we can get on top of these problems. Richard Branson leader world thinking Please don’t get hung up on this question of whether you need to have experience in an industry before you launch your startup. Richard Branson please hung needs I'm sure you get the best out of people if you look for the best in them. People don't need to be told when they've done something wrong - they know it without having to be told. Richard Branson people looks needs To get the respect of people, I think you've got to roll up your sleeves and lead with your people. The absolute key is treating your people well. Looking for the best in your people. Lots and lots of praise, no criticism. Richard Branson keys people thinking Happiness is the secret ingredient for successful businesses. If you have a happy company it will be invincible. Richard Branson business successful inspirational Any successful entrepreneur knows that time is more valuable than money itself. Richard Branson valuable entrepreneur successful Money is for making things happen. Richard Branson things-happen money happens Entrepreneurial business favours the open mind. It favours people whose optimism drives them to prepare for many possible futures, pretty much purely for the joy of doing so. Richard Branson powerful business inspirational What matters is working with a few close friends, people you respect, knowing that if times did turn bad these people would hold together. Richard Branson knowing leadership success I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations. Richard Branson jobs mean lying When employees tell you about their good ideas for the business, don't limit your response to asking questions, taking notes and following up. If you can, ask those people to lead their projects and take responsibility for them. From those experiences, they will then have built the confidence to take on more and you can take a further step back. Richard Branson asking-questions responsibility ideas Government and business must come together on the interlinked issues of conservation, economic development and renewable energy. There are literally thousands of businesses, many in the tourism industry, that depend on an intact marine environment for their long-term survival. Richard Branson marine issues government If I'm setting up a new business I'll spend three or four months learning everything there is about that business, everything there is about that subject and then I will find good people to run it on a day-to-day basis, but whilst they're running it at least I know what they're talking about when they come back to me. Richard Branson running talking people To be successful, you have to be out there, you have to hit the ground running, and if you have a good team around you and more than a fair share of luck, you might make something happen. But you certainly can't guarantee it just by following someone else's formula. Richard Branson team business running