Richard Branson on why you don't need to know the basics...

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Suddenly the state of Virgin Trains makes a lot more sense.

bobgom
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I think the real lesson is; you don’t need to know everything yourself but you do need to have good people who overall know everything!

nickmcd
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“Richard. You don’t know the difference between paying tax and not paying tax, do you?”

PlayrAds
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A business man with this much power and influence didn’t know the difference between net and gross at age 50? What?

AnthroKnowledgey
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So the morale of the story is - better to be lucky than smart... gotcha

adski
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Proof it is all about getting others to do the hard work for you

jorriffhdhtrsegg
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This man's number one key to success is branding. Nobody in he's time when he first started understood the depth of branding as well has him. He knew he was the brand.

missj.d
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Been a peasant myself, i enjoy this advice from these humble people.

leeparker
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What a humble didn't need to disclose this information but he did ....to help others. He's a billionaire. Most of the critics writing on here probably struggling to pay their rent / mortgage. This humble man is a genius!!

Brock_
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and then he showed me the net being hauled onto a boat that sailed to the Cayman Islands.

themagicrat
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When you're as rich and powerful as this guy, you can't help but fall up.

derp
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One of the biggest problems in privately owned companies is exactly this issue and not knowing it causes unnecessary financial stress on a company. The owners become in thrall to their accountants who have little idea of how to manage a business because understanding a set of accounts and decision making in business is not the same thing.

robertedwards
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If it doesn't matter that much, why sue the NHS and every British taxpayer?

philipprocter
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A true inspiration & he started virgin records, the key word is perseverance & determination is the key to success and looking at what the world needs & passion for you love, ❤

djicebreaker
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Have to Admire the absolute honesty. 👍
His passion and drive has certainly underpinned his success and I’d be certain no one here criticising him has reached anywhere near the same levels of success.

TKsolotravel
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You are truly inspiring & for me for years as you helped a friend with cancer at a young age. I’ve been heavy dyslexic with a thousand thoughts a second& now.I can control those thoughts so I can hear & act on them. Life then chucked me a curve ball with CRPS in my right leg all the way from knee to toes but life keeps going & so do I. I’m doing up a sailboat & going to sail south UK to start.

MrChrisHobday
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"Make a positive difference to other people's lives"

Best business advice ever

Scubadooper
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The most humble, down to earth sob ever.
World of respect for thus man.
To all the haters...what have YOU done with your lives...EXACTLY.

shaneengelberts
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As a business owner I can say, there is a difference in numbers between gross and net, but not for the business itself. If you focus on your business, numbers don’t matter. If you focus on the numbers, business won’t matter.

maxone
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He knows how to avoid paying his taxes!

rosemarybishop
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