If you want to get some solid advice about starting and running a business you need to watch this interview of Sir Richard Branson on Necker Island. While the interview runs 36 minutes, a bit long for some people's attentions spans nowadays, it is definitely well worth the time to watch or listen to.
The interview was conducted by Joe Polish along with Marie Forleo and Yanik Silver. Branson takes about what he thinks makes people successful in business. One thing I really took away from the interview was when he said, “You don't set out to be an entrepreneur but you set out to make a difference in people's lives.” I totally agree with this as I think too many people get caught up in being an entrepreneur and making a startup instead of actually making a useful product or service.
He also emphasizes that you need to build a great team as well as find people that have skills which are beyond what you can do. I know I don't always delegate tasks well and others don't too. This is something good to keep in mind when trying to expand or start a business as a lot of people try to do too much themselves.
Richard Branson also has a lot other great advice in this interview which I think anyone who owns or wants to start a business will get out a lot out of. If you want to be successful you need to get advice from successful people. Since Branson's Virgin empire includes an airline, a space company, a wireless company, and everything in-between he knows what he is talking about.
By the way, in case you didn't know Necker Island is a 74-acre private island that Sir Richard Branson owns in the Virgin Islands. Ahhh, how nice it would be to be a billionaire. If you take his advice maybe one day you will be.