I believe in benevolent dictatorship provided I am the dictator.
More quotes by Richard Branson
It is only by being bold that you get anywhere. If you are a risk-taker, then the art is to protect the downside.
They encouraged me to always look for the good in people instead of assuming the worst and trying to find fault.
I wanted to be an editor or a journalist, I wasn’t really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.
More quotes about Business
You can’t tell me you can make any system or country work with low wages and high prices, and high wages with high prices don’t mean anything when the prices eat up the wages and don’t leave anything over.
I own buildings. I’m a builder; I know how to build. Nobody can build like I can build. Nobody. And the builders in New York will tell you that. I build the best product. And my name helps a lot.
The most important word in the vocabulary of advertising is TEST. If you pretest your product with consumers, and pretest your advertising, you will do well in the marketplace.
Depressions aren’t acts of God; like wars, they are the work of a small group of men who profit by them.
Should I give up my career at this point in my life and put all my marbles in Laura’s [Nyro] basket?
I never trust an executive who tends to pass the buck. Nor would I want to deal with him as a customer or a supplier.
I decided to sit quietly and do business and don’t stick your neck out and tell everybody everything belongs to me. That would only cause problems for myself. Therefore I never told these stories or declared all these things to anyone.
The thought in my mind was that I must be a good merchant. If I were a good merchant, the rest would probably take care of itself.
I never get the accountants in before I start up a business. It’s done on gut feeling, especially if I can see that they are taking the mickey out of the consumer.
Entrepreneurs are always taking feedback, especially from their customers, bankers, workers, and sales force. Without straightforward feedback, entrepreneurs cannot make sound decisions.