Few people could get away with dropping out of school at the age of 15 with their parents’ support. Even fewer could live up to the words of a headmaster predicting that such a student would either end up in jail or a millionaire.
Sir Richard Branson, founder of the Virgin Group, which is comprised of 400 companies, exceeded expectation and became a billionaire. He spoke at Faneuil Hall this morning during Forbes 30 Under 30 Summit about his path to success. Here are some of his insights.
About Being an Entrepreneur…
“I believe you do not have not be born an entrepreneur. You can learn it.”
“You learn more from failure than success. Of all the people who have tried and failed – learn from them.”
About Family Support
“I was 15 years old when I asked my father to let me become an entrepreneur and leave school. It took walking around the garden a few times before I persuaded him. He said that he was in his twenties before he knew what he wanted to do, so why not. My parents were incredibly supportive.”
“I was dyslexic. I was terrible at school.”
About Saving the World
“Entrepreneurs are business people. They can sort out of every problem in the world if they want. If I have a hotel in Africa, for example, I make a circle of 50 or 100 miles around it and see to it to help the people there: build an orphanage, help education and employment, whatever is needed. If every business did that, we could help sort out the world’s problems.”