Tuesday, March 20, 2012

Richard Branson, founder of the Virgin conglomerate argues that inexperience can be an asset for start-ups

Richard Branson, is the founder and CEO of Virgin group. This firm is involved in many sectors that are almost mature and in oligopolies, but with good success: i.e. airlines, cola, insurance, lottery, etc.

For Branson: "Virgin's history shows that a lack of experience does not have to be a liability -- it can be an asset.... It is something you should play up when you discuss your ideas with prospective investors, partners and employees, rather than directing the conversation toward your other strengths.... Explain that it frees you and your team to follow your vision for the industry."

For more information: http://www.entrepreneur.com/article/220789


How to Avoid Common Startup Mistakes according to Richard Branson.
-Stay on Target
-Be Realistic About Costs
-Hire the People You Need, Not the People You Like
-Know When to Say Goodbye

For more information aee: http://www.entrepreneur.com/article/220743


Louis Rhéaume
Infocom Intelligence.com
louis@infocomintelligence.com
Twitter: @InfocomAnalysis

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