British billionaire Richard Branson is a good example of how sometimes the most extravagant ideas bring the greatest profit. Branson was not afraid to take on unprofitable projects, but it was thanks to such risks that his name became known, and the bank account was growing with enviable success.
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Commercial vein
Richard Branson was born in 1950 in London. Despite the fact that the family had four children, where Richard was the eldest, his childhood could not be called poor. Branson's father was a lawyer, his mother worked in the theater. Branson did not have much success as a child - he studied quite average, since he suffered from dyslexia. But already in school years, Branson showed a commercial streak. The future billionaire did not waste time on school and abandoned it, having not learned a couple of years.
Branson opened his first business at the age of 17. He began publishing an alternative culture magazine, which became popular after Mick Jager and John Lennon began publishing there. Then Branson became the random owner of a batch of defective records that were in good condition and engaged in their sale. Things went so bad that I even had to organize my own company. We didn’t have to look for a name for a long time: Branson was trading on the anonymous name “Virgin”, and he stopped at it. Soon Branson organized his own recording studio to trade on behalf of the musicians without intermediaries. It is noteworthy that albums for "Sex Pistols" were written at this studio, which were refused cooperation everywhere.