Richard Branson is known across the globe not only as the entrepreneurship icon, but also as a man who lives his life to the fullest. Adaptability skill helped him to grow his business and fame faster. "Dyslexia is a kind of disability, but actually it's an opportunity if you turn it into such," Branson said on Thursday at SkyBridge Capital's SALT Conference in Las Vegas. "I don't want it because I don't know what the hell it means," the billionaire said. This skill is one of the most important leadership skills of him to pave the way to achieving success in the world of business. What Are The Pros And Cons Of Starting A Freezone Company In UAE? Few of his renounced projects are Youth culture magazine The Student, Virgin Airways, Virgin Records, and Virgin Radio. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. This post discusses the leadership skills and qualities of Richard Branson that helped him achieve success. No matter what, as a leader you need to be very attentive to the words which are being delivered by your followers. To bring success to your business as well as to be a successful business leader – you need to have a wide range of qualities and skills. he mentioned himself as a collaborative and democratic person. These are your 3 financial advisors near you, This site finds and compares 3 financial advisors in your area, Check this off your list before retirement: talk to an advisor, Answer these questions to find the right financial advisor for you, An Insane Card Offering 0% Interest Until Nearly 2020, Transferring Your Balance to a 14-Month 0% APR is Ingenious, The Top 7 Balance Transfer Credit Cards On The Market Today, Get $300 Back With This Outrageous New Credit Card. He moves to the new solutions each time there is a problem. While he was struggling to have the Virgin Atlantic off the ground, he asked Sir Freddie Laker (The British Airline Entrepreneur) for guidelines. While talking with Forbes, he claimed that learning and leadership skills go hand in hand. He has confidence in his own work. In an interview with Telegraph, he said, “I have always believed in the art of delegation – finding the best possible people for Virgin and giving them the freedom and encouragement to flourish. Richard Branson has the attitude called “Screw it, let’s do it”. High Confidence Level: He is a highly confident person. All rights reserved. Richard Branson strongly believes in the process of mentorship. From the student life, he has been commencing new companies. You also have the option to opt-out of these cookies. Are those extraordinary qualities or general? "You don't have to be a financial genius to build ventures," he said. At one of those board meetings a director even yanked Branson into the hallway to call him out for not understanding the difference between basic financial terms. © 2020 Cable News Network. The Virgin Group is a global, growth investor founded by Richard Branson. And he is very much confident about making this kind of decisions. Human Skill: His human skill is so strong. Be visible, note down what you hear and you’ll be surprised how much you learn,” Richard Branson advised. By coping up with the new environment, Richard Branson is apt to face the challenges whilst creating innovative ideas to succeed in the business. He was born in the year of 1950. Factset: FactSet Research Systems Inc.2019. In an interview with Telegraph, he said, “I have always believed in the art of delegation – finding the best possible people for Virgin and giving them the freedom and encouragement to flourish. This category only includes cookies that ensures basic functionalities and security features of the website. All times are ET. When I set up Virgin Records, I even decided to separate myself physically from the company, by moving into a houseboat.”, As a business leader, you need to listen and learn new things in every step. According to him, nothing can be achieved alone and no one cannot be a great leader without having great people to lead no matter what style you follow. Yes, he always says “Yes” to almost everything. he mentioned himself as a collaborative and democratic person. What leadership qualities helped him to become this much successful? "We have a test: If Richard can understand it, then anyone can understand it," Branson told the audience of hedge-fund managers. Richard Branson believes in the delegation. Necessary cookies are absolutely essential for the website to function properly. Richard Branson can easily learn about different types of personality and their expertise. Be visible, note down what you hear and you’ll be surprised how much you learn,” Richard Branson advised. He believes in the long-term relationship with people. Risk Taking Capability: One of the most risk taker investors is Richard Branson without any doubt. While hiring, at first he checks the weakness of that person. We'll assume you're ok with this, but you can opt-out if you wish. When he select a person for his business, he can do it very easily as he knows about different types of personality. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. He prioritizes the personality over the educational background. Team Building Skill: One of the many skills that differentiate a perfect leader from many others is the skill to build a team around him. Sarah Berger @sarahelizberger. 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