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The good news is that if you can find your idea, your philosophy, and your passion, and combine that with a killer business sense, and just happen to be at the right place at the right time, you’ll be able to create your own success.
It has been our aim to establish Virgin as the 'Most Respected Brand in the World'.
It has to be one that is trusted in each and every marketplace.
We employ a gatekeeper - a corporate development assistant - whose job it is to record, log and classify all ideas as they arrive. So that our own vested interests don't blind us to new opportunities, none of the committee runs a Virgin business on a day-to-day basis. They will rigorously push and pull your business plan about to see if there is a profitable business underneath.
We look at spending plans, income forecasts, the marketing budget, and when the company is likely to break even.
The Entrepreneur Insider network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers.
Today’s answer to the question “What’s something you wish you knew before starting your business?
When we started Eligo Energy, we planned on scaling quickly into the individual residential market.
But as we were building the Eligo Energy platform, we realized that the opportunity that matched our expertise lay in the underserved business-to-business market segment.
The first law of entrepreneurial business: there is no reverse gear.
No one in business can unmake anything, any more than a band can unmake a song.