The Virgin Company Case Study

1107 Words3 Pages

LV2 T&T
The Success Of The Virgin Company
Jesusa Vega Ronas

“A business can be started with very little money.”
– Richard Branson.
In this report I will be focusing on the success story of Richard Branson and The Virgin Company. This report will consist of how the company has made its successful way towards the travel industry as well as the business world.

Virgin Group chair Richard Branson
Richard Branson is an English businessman and investor who is very well renowned as the founder of the Virgin brand. involving in over 400 companies, he takes on great competitors and he 's worth an estimated $4.9 billion. Branson is one of the most successful and aspiring entrepreneurs alive today. Despite dropping out of school at the age of …show more content…

Regardless of having dyslexia and struggling through school years, when Branson dropped out of school at the age of 16 he decided to start a young-culture magazine called Student which was launched in 1968. It was his very first business venture at the time and being the editor of his own magazine, Branson interviewed many celebrities such as John Lennon, Vanessa Redgrave and many more. This was his first stepping-stone to his journey. The Student magazine sold over £8000 worth of advertising in its first edition and later on was sold to a bigger …show more content…

This topic is a great way to start off someone on a course especially with travel and tourism. I felt that during my time in learning about the Virgin Group in this course has provided me an inspiration and idea of what we will be having a taste of in the travel industry.
Before graduating, one of Branson’s teacher had said “you will either go to prison or be a millionaire”. With that quote being said to a young-aspiring entrepreneur, Branson knew to himself that no one can really achieve anything without trying and that no one knows what the future holds. However, Richard Branson had the understanding of what risks he had to take on and overcome in order to succeed. His story has made thousands of people reach for the stars in their lives and I am definite that many people can learn from his ways.
Ive learnt from Richard Branson that we should spend time working on whatever we are passionate about, without having to think of the cheapest or fastest way to do it but by thinking of the most amazing way to do it. I believe that Mr. Branson’s way of succeeding in life is just by doing things in order of how much we really want

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