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FoundersNovember 19, 2018

#47 Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way

About This Episode
What I learned from reading Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Wayby Richard Branson ---- Business is a fluid, changing substance. A mutating, indefinable thing [0:45] I just pick up the phone and get on with it [7:50] smart ways to get initial traction [9:51] to understand the entrepreneur, study the juvenile delinquent [14:19] Richard Branson's early business philosophy [14:49] the beginning of Virgin [19:00] what he learned from going to jail [23:01] the scope of Richard's ambition at 21 [24:44] a model of compatible businesses [27:00] how Richard Branson made his first fortune [29:00] how Richard Branson gets Necker Island and the idea for Virgin Airways [34:45] protecting the downside risk [38:40] Richard Branson's view on public companies [46:12] taking Virgin private, funding secured [52:00] questioning the direction of his life at 40 years old [59:54] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
Book Mentions
7 book mentions in this episode.
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Books Mentioned

Losing My Virginity cover
Losing My Virginity
Richard Branson

Richard Branson's autobiography detailing the first 50 years of his life, including struggles and successes in business.

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Let My People Go Surfing cover

A book by Yvon Chouinard, founder of Patagonia, which discusses entrepreneurship and the importance of understanding the entrepreneur's mindset.

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Virgin cover

The book discusses the struggle and stress of starting a business, emphasizing that it should be fun and involve creative instincts.

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Danny Meyer cover

The mention of Danny Meyer relates to his ideas about challenging conventional wisdom in the restaurant business.

ASIN: 0060742763
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Richard Branson's autobiography cover

The speaker reflects on a key lesson learned from reading Richard Branson's autobiography, emphasizing the importance of optionality and protecting downside risk.

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Insisting on Impossible cover

Edwin Land's book 'Insisting on Impossible' discusses his dream of a thousand small companies, each reinvesting in R&D, echoing a philosophy similar to Richard Branson's business approach.

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Finding My Virginity cover

The speaker mentions they will be back next week with part two of a series, referring to 'Finding My Virginity'.

ASIN: B06XJJ1WVX
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