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Small Business Tips from Richard Branson

Richard Branson started his business out of frustration at the way things were done in established sectors. He owns many Virgin businesses – airlines, mobile phones, financial services, and more. His company stood out. Their secret? They focus on how to improve people’s lives through better services, innovation, and value.

Richard Branson provides some helpful tips on how to grow your business and keep it running long-term. He shares his five rules for good business. The first rule is to know your mission. At Virgin, it’s about shaking up the established markets and providing something valuable. Second, ensure you get the basic structure correctly. His third rule is to get the right team at the top. Fourth is to develop a strong purpose and a sense of ethics to give your company a solid foundation. Lastly is to bear in mind that details count no matter how big you are.

For more business tips from Richard Branson, click here.

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