Read The Virgin Way: Everything I Know About Leadership Online
Authors: Richard Branson
As I said up front, no two people will ever do anything quite the same way, which is what keeps life and business interesting. The Virgin way probably isn’t for everyone but it has worked well for us the majority of the time and so I hope you have managed to find the odd nugget or two of inspiration somewhere in the last couple of hundred pages.
If on the other hand you’re the kind of person who (like I frequently did at school) likes to skip to the back of the book hoping to find a summary there, then I don’t want to disappoint – here is my top ten.
1. FOLLOW YOUR DREAMS AND JUST DO IT
You will live a much better life if you ‘just do it’ and pursue your passions. People who have the courage to spend their time working on things they love are usually the ones enjoying life the most. They are also the ones who dared to take a risk and chase their dreams.
2. MAKE A POSITIVE DIFFERENCE AND DO SOME GOOD
If you aren’t making a positive difference to other people’s lives, then you shouldn’t be in business. Companies have a responsibility to make a difference in the world, for their staff, their customers – everyone. The amazing part is that doing good is also good for business, so what are you waiting for?
3. BELIEVE IN YOUR IDEAS AND BE THE BEST
A passionate belief in your business and personal objectives can make all the difference between success and failure. If
you
aren’t proud of what you’re doing, why should anybody else be?
Don’t get suckered into blindly pursuing profits and growth. Stay focused on being the best at everything you do and, if you want it to, the rest will follow.
4. HAVE FUN AND LOOK AFTER YOUR TEAM
Fun is one of the most important – and underrated – ingredients in any successful venture. If you’re not having fun, then it’s probably time to call it quits and try something else.
If your team members are engaged, having fun and genuinely care about other people, they will enjoy their work more and do a better job – it’s really that simple. Find people who look for the best in others, lavish more praise than criticism, and love what they do.
5. DON’T GIVE UP
On every adventure I have undertaken – whether setting up a business, flying around the world in a balloon or racing across oceans in a boat – there have been moments when the easy thing to do would have been to throw in the towel and walk away.
By simply sticking with it, brushing yourself down and trying again, you’ll be amazed what you can achieve.
6. LISTEN, TAKE LOTS OF NOTES AND KEEP SETTING NEW CHALLENGES
Listen more and talk less. Take notes – lots of notes. If you don’t write down your own (and others’) spontaneous ideas, they can be gone in the blink of an eye. Make lists to keep track of your goals.
You’ll be amazed at the challenges a listening culture can overcome.
7. DELEGATE AND SPEND MORE TIME WITH YOUR FAMILY
The art of delegation is one of the key skills any entrepreneur must master. ‘Hire your weaknesses’ – if you find people who can take on tasks you aren’t good at, it frees you up to plan for the future. It also gives you time to spend with your family, which is really the most important thing of all.
Oh yes, and don’t forget to garner your family’s input on the occasional big idea – like Virgin condoms, for instance!
8. TURN OFF THAT LAPTOP AND IPHONE AND GET YOUR DERRIÈRE OUT THERE
Rather than sitting in front of a screen all your life, try switching it all off on a regular basis and going out into the world. Start with your own backyard and then expand your field of vision.
‘Life isn’t a dress rehearsal’. With so many fascinating people to meet, exciting adventures to embark upon and rewarding challenges to undertake, there’s no time to lose.
9. COMMUNICATE, COLLABORATE AND COMMUNICATE SOME MORE
Keep it simple, stupid, and above all else keep it coming. Mushrooms might grow when they are kept in the dark and fed a diet of dung but it doesn’t work with people.
Remember Steve Jobs and the Pixar piazza: build open work environments that invite your people to intermingle and share their visions.
10. DO WHAT YOU LOVE AND HAVE A COUCH IN THE KITCHEN
As long as you are surrounded by the people you love and doing what you love, it really doesn’t matter where you are. When we are on Necker we tend to spend most of our time in the kitchen. Add in a bedroom and a partner that you love, and you really don’t need too much more.
Now I really must get back to my hammock and do some business – around here that’s known as the Virgin Island Way!
Writing a book about listening, learning, laughing and leading has made me (again) acutely aware of how incredibly fortunate I have been over the years to have enjoyed such a seemingly endless stream of wonderful colleagues. There would never have been a ‘Virgin Way’ but for these tens of thousands of amazingly gifted and dedicated people.
I have spent my entire adult life listening to them and learning from them. Whenever we have entered a new business about which I had little or no first-hand knowledge – which is almost every time – it has almost always been a case of ‘teaching the old dog (or perhaps “the older boss” sounds better) new tricks’. I frequently get way too much individual credit for the success of these companies when it is usually a case of the Virgin Way giving our people the freedom to express themselves by letting their imaginations take flight.
At every stop along the way, from
Student
magazine to Virgin Galactic and everything in between, we have certainly enjoyed great times together and laughed a lot – quite often at my expense, as with my night locked up in a London police station cell! Virgin is built on laughter and so again, this is a tribute to that indomitable communal sense of humour that has made forty plus years go by in the blink of an eye.
And when it comes to leading, on occasions too numerous to recall, I have often paused to wonder just who was leading who on any particular project. But whether I was leading or being led, what’s important is that we get the job done and have fun getting there. That’s really the core of the Virgin Way.
Finding the time to get my thoughts into manuscript form and eventually onto the pages of a book has always been a challenge for me. The process usually relies heavily on long, interruption-free flights, or those days when I can create a few free hours on Necker Island to peck away at my iPad or scribble in my trusty notebook.
The fact that this ever got started is very much down to the relentlessness of Ed Faulkner at Virgin Books – and that it got finished is again thanks to his incredibly forgiving spirit and tireless editing. As always, Nick Fox was an invaluable help, forever coaching, prodding and encouraging me with lines like, ‘Hey, that’s an idea you should develop for the book’ or alternatively, ‘I hope you’re not thinking of putting
that
in the book!’ Likewise my old friend (sorry, perhaps I should say ‘long-time friend’) and former colleague David Tait, who has been a tremendous resource in getting the contents spliced together. He not only revels in correcting my use of the language, but he’s equally adept at gently nudging my recollections back on track with not so subtle comments like, ‘Really Richard? I was there that day and that’s not exactly how I remember it.’
Then there’s my amazing mum, wonderful wife and kids, colleagues past and present, friends, competitors and others too numerous to list, that generously gave their time to refresh my memory on the finer points of the Virgin Way with pertinent examples of how it works in practice around our family of companies.
Thank you one and all.
Richard
The page numbers in this index refer to the printed version of this book. To find the corresponding locations in the text of this digital version, please use the “search” function on your e-reader. Note that not all terms may be searchable.
(The initials RB and TB refer to Richard Branson and Ted Branson)
Abbott, Trevor 49
Achor, Shaun 259–60, 270
AIDS 55
Air France 298, 312
Air New Zealand 138–9
Alexander, Tom 160–1
American Airlines 76, 77, 209, 233
and collaboration 312
Anna, Kofi 118
Ansett Australia 138–9
‘Antonio’ (Google investor) 135–7, 138, 139–40
Apple 68, 130, 137, 147, 148–50, 288, 315, 365–8
and Google Maps 310–11
and Nike 311
and Starbucks 169
‘Think Different’ campaign of 162
Apple Stores 148–50
Apprentice
,
The
21, 197
April Fool stunts 260–9
Arison, Micky 341–2, 345
Asymco 148, 150
AT&T 171
Atari 137
Atlantic Records 135
Audi 311
B Team 291, 357–9
Bader, Douglas 102–3
Ball, Lucille 214
ballooning 266–8
Baloyi, Xiki 206
Barnby, Tim 98
Barra, Mary 285
Bay, Michael 85
Bayazid II 178
Beevers, David 287
Berry, Ken 263–5
Biffa 238
Big Jake
29–30
Blair, Tony 118
Blakely, Sara 192–5, 199
Blockbuster 216
Boadicea, Queen 295
Boeing 333
Bolt, Usain 171
Borghetti, John 72–6
Boston Consulting Group 284
Boy George 23, 256
Branson Centres of Entrepreneurship 274–6, 291
Branson, Eve (mother):
always on the go 13–14
charity polo match organised by 15
cricket advice from 28
dancing and stewardess work of 14–15
and ‘death of conversation’ 29
invited thoughts of 15–17
and RB’s church insubordination incident 18–19
and RB’s television watching 29
and speaking no evil 25–6
stalwart efforts of 18
successful venture of 14
Branson, Holly (daughter) 216–17, 223
at party for new HQ 259
RB’s early notes on 35
and Virgin Hotels 62
Branson, Joan (wife) 48–9, 53
as ‘focus group’ 54–5
at party for new HQ 259
and RB’s April Fool stunt 263–4
and RB’s ‘blether’ 94–5
and ‘Virgin Condoms’ 55
and Virgin Hotels 62
Branson, Richard:
and April Fool stunts 260–8
‘arrest’ of 264–5
ballooning by 266–8
borderline attention-deficit disorder (ADD) suffered by 4, 369
church insubordination incident of 18–19, 26
cricket loved by 28
‘Dr Yes’ 117–18
dyslexia suffered by 4, 33, 103, 199
first camera bought for 124–5
and Giving Pledge 195
hard-wired passion of 241
indomitable spirit of 18
inherited traits of 13
King’s ‘pirate’ gibe against 301–2
London Marathon run by 322
making speeches disliked by 83–4
mentoring of 287
money ‘borrowed’ from TB by 19–20
note-taking by 5, 30–1, 33–7
parents’ influence on, see Branson, Eve; Branson, Ted
passport incident concerning 256
at school 3–4, 30, 80–1, 83, 103–4
student advisory centre begun by 347
TB’s fake spanking of 18–19, 26
teenage purchase-tax ‘manipulation’ of 25
top leadership attributes favoured by employees and 44–5
transatlantic ballooning attempts of 304
transatlantic speedboat attempts of 303
UFO stunt of 266–8
unconventional ‘offices’ used by 48–9
Virgin Atlantic customers cold-called by 66–7
Virgin Cola stunt by 305
Virgin logo stunt against BA by 301–2
voluntary jail stint of 23–4
Branson, Sam (son) 223
at party for new HQ 259
Branson, Ted (father) 13, 103, 147
death of 27–8
fake spanking of RB by 18–19, 26
and RB’s church insubordination incident 18–19, 26
and speaking no evil 25–6
stalwart efforts of 18
young RB’s ‘borrowing’ of money from# 19–20
Bridgeway Capital Management 359
Brin, Sergey 137, 191, 199, 288
Bristol-Myers 106–7
British Airports Authority 21
British Airways 31, 42, 77, 140, 156, 171–2, 298
and collaboration 312
and ‘diversion of market share’ 301
and Laker 299, 300
libel action against 300
and RB’s logo stunt 301–2
British Caledonian 140, 300
British Rail 144, 248, 317
British Telecom 159, 160
Bucknall, Matthew 108, 207–8
Buffett, Warren 195
bumblebee, flight anomaly of 177
Burns, Robert 53, 263
Caan, James 283
Cain, Phil 250–1
Calvin, Kathy 357
Cameron, Don 266–7
Canon 125
Carbon War Room 291, 355–6
Cardigan, Lord 295–6
Cardoso, Fernando 117
Carlson, Nicholas 307
Carnival Corporation 341
Carnival Triumph
341
Carter, Jimmy 38, 118
Castrol, Fidel 60–1
Caulcutt, John 301–2, 305
Change through Digital Inclusion 361–2
Chrysler 175
Churchill, Winston 31–2, 86
City Link 238
Civil Aviation Authority 21
climate change 355
Clinton, Bill 79, 80
CMG Communications 172
Coca-Cola 58–61, 147, 304–7
collaboration 222, 309–25
co-branding 310
and good causes 320
vs silo mentality 313–15
and team dynamics 322
Collins, Tony 241, 247–9, 337, 343–4
Columbus, Christopher 356
Comic Relief 23
Concorde 158, 256, 301
condoms 55–6
Connery, Sean 118
Consumer Reports
247
Continental Airlines 150–1
corporate culture:
coral reefs as metaphor for 237
differentiating nature of 51
‘eats strategy for breakfast’ 227
and exemplary leadership 228–9
and hiring 202
and ‘knowing your position’ 120
monitoring: the ‘we/they’ test 235–6
and pecking orders 121
people-first 228
Southwest Airlines’ 228–31, 233
and us–them standoff 234
Virgin’s, beginnings of 235
Costa Concordia
341
Costolo, Dick 365
culture, ‘eats strategy for breakfast’ 240
culture, corporate, see corporate culture
Cush, David 77, 209–10
customer loyalty 151–3
CV 203
Daily Telegraph
216–17
Darling, Alistair 187
decisions:
art of making 332–4
bad, notable examples of 340–2
considered 330, 334
and Just In Time (JIT) 327
and procrastination 328;
see also
procrastination
snap 329–30
delegation:
and leadership 124, 195, 198, 199–200
and Virgin Atlantic 200
Delta Air Lines 77, 312–13
Department for Transport 31, 41, 337, 338–40
Dr. No
118
Drake, Francis 293
Drolet, Phil 289
Drucker, Peter 127, 227, 240
Duende
48, 259
Duffell, Ian 182
Durex 55
easyJet 36
Ecomagination initiative 354
see also
General Electric
Econet Wireless Group 360
Edwards, Jamal 280–1
Eisenhower, Dwight D. 155
Elders, The 37–38, 118, 291
Emerson, Ralph Waldo 202
Enron 102
entrepreneurs 127–31
and established businesses 285–6
female 284–5
government help for 281–3
mentoring of 282, 283, 287–91
and ‘next big thing’ 369
nurturing of, early 276–9
and Pioneers programme 280–2
and social enterprises 360–4
and Virgin StartUp 283
VMP survey of 281–2
see also
Branson Centres of Entrepreneurship
Ertegun, Ahmet 135
Europe in Summer Café 275
‘Everybody Better Off’ (EBO) 188, 190
see also
Virgin Money
ex-prisoners 23–4
Exorcist, The
135
Facebook 131
Fadell, Tony 365, 366–7, 368–70
Fair Labor Standards Act 220
Faris, Ron 111–12, 171, 173
Fast Company
350
Financial Times
21
FirstGroup 335–40
Fiver Challenge 277–8
focus groups, informal 54
Food Basket Farm 275
Fortune
285
Founders Forum For Good 363
Fox, Nick 337
Fox, Robyn 275–6
Friedkin, William 135
Frost, David 255
G-Tech 31
Gabriel, Peter 323
Gadhia, Jayne-Anne 186, 188, 257–8, 285
Gandhi, Mohandas (Mahatma) 2
Gardner, Roy 200
Gates, Bill 195
General Dynamics 285
General Electric 353, 354
General Motors 285
Genesis 323
Giving Pledge 195
Global Entrepreneurship Week 279
Global Impact Challenge 361–3
Godfrey, Brett 72, 141, 178, 236, 243–5
GoGo 312
Goizueta, Roberto 60–1
Golden Bull Award 106
Goldman Sachs 330–1
Goodwin, Jonnie 363
Google 130–1, 137, 138, 198–9, 288, 312
April Fool stunts by 268–9
Global Impact Challenge of 361–3
and Nest 369
and Project Oxygen 214
Google Maps 310–11
Griffiths, Martin 338
Hail Merry Seasoned Nut Blend 286
Haji-Ioannou, Stelios 36–7
Happiness Advantage
,
The
(Achor) 259–60
Harvard Business Review
322
Hastings, Reed 56, 57–8
Helen (RB’s assistant) 338
Hemingway, Ernest 86, 104
Herwald, Kurt 231
hiring:
bartender who became airport manager 250–1
candidates from straitjacketed environment 210–12
and capability vs expertise 203–4
and character 202–3
cleaner who became station manager 249–50
and CV 203
and first impressions 204–5
as number-one priority 197–200
and promoting from within 205–6, 212
and retaining staff 213–14
HIV 55
HMV 181
Hoare, David 237–8
Hoberman, Brent 363
Holly Baking Company’s Chocolate Chip Cookies 286
home working 221–3
Hope, Allie 62–3
Horton, Willie 301
Howard, Anthony 90–1
HP 312
Huffington, Arianna 357, 358, 359
Huffington Post
357, 359
Hyundai 174–5
I Love Lucy
214
IBM 285
Immelt, Jeffrey 354
‘Insights into Organization’ 97
Intel 288
iPad 149
iPhone 149, 310, 366, 371
iPod 127, 262, 366, 368, 371
Isaacson, Walter 323
iTunes 126, 169, 182, 262, 315
Jagger, Mick 97
JBL 311–12
jetBlue 222
Jobs
365
Jobs, Steve 3, 68, 126, 130, 137, 148, 191, 262, 288, 365–8, 370
and collaboration 324
on creativity 323–4
movie about 365–6
Jones, Kelly 98
Jones, Kenton ‘Keny’ 208–9
Jones, Leesa 208–9
Junior Achievement (JA) 277, 278
Just In Time (JIT) 327
Kasbah Kamadot 209
Keep it simple, stupid (KISS) 80, 98–9
Kelleher, Herb 229, 231–4, 239
Keller, Helen 180
Kennedy, John F. 32
Kerby, Chuck 350
Kia 174–5
Kiam, Victor 64
King, Lord 42, 301
KISS (Keep it simple, stupid) 80, 98–9
Kodak 124–6
Krave Turkey Jerky 286
Kreeger, Craig 76–7
Laker Airways 200, 297–300
Laker, Freddie 200, 233, 287, 289, 297–300, 305–6
Lao Tzu 117
le Carré, John 5, 30
leadership:
and accessibility 47–51
akin to bringing up children 26–7
and culture 228–9;
see also
culture
and decisions,
see
decisions
defined and discussed 117–30
and delegation 124, 195, 198, 199–200
and entrepreneurs 127–31
Lao Tzu’s take on 117
listening as ‘bum rap’ in 31
and ‘next big thing’ 369
and oratory 31–2
and passion, see passion
and simplicity 79
and today’s teenagers 276
unexpected provenance of 13
Virgin research to define 43–7, 191
and women 284–5
Leal, Raul 63–4
Leica 125, 311
Lennon, John 5
Leonardo da Vinci 178–9
Liberty Global 162
Light Brigade, Charge of 295
light bulbs, low-energy 349–53
listening:
and accessibility 47–51
and anagrams 30
interrupting as opposed to 39–40
and leadership, Virgin companies’ views on 45–6
merely hearing is not 33
notable practitioners of 37–8
and note-taking 5, 30–1, 33–7
and reading between the lines 41–2
and unspoken word 40–1
Lockheed Martin 285, 311
London Marathon 322
Lone Ranger 293
M-Pesa 354
McCall, Patrick 337
McCallum, Gordon 160, 161
McCue, Mike 365
McDonald’s 147
Machel, Graça 117
McKinsey & Co. 96–7
McLaughlin, Patrick 338, 339–40
Magnuss Ltd 355
Malaysia Airlines 342–3
Manchester United FC 258
Mandela, Nelson 37–8
Markkula, Mike 288