{"id":68,"date":"2010-11-19T21:26:31","date_gmt":"2010-11-20T05:26:31","guid":{"rendered":"https:\/\/blogs.ubc.ca\/derekchow\/?p=68"},"modified":"2010-12-01T22:05:24","modified_gmt":"2010-12-02T06:05:24","slug":"virgin","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/derekchow\/2010\/11\/19\/virgin\/","title":{"rendered":"The Entrepreneurial Virgin"},"content":{"rendered":"<p>When the word &#8216;entrepreneur &#8216; is brought up, the first name that comes to my mind is Richard Branson, founder of Virgin Group. I believe that Richard Branson is one of the better representations of an entrepreneur. His accomplishments, skill, and experience are what make him a leading entrepreneurial figure.<\/p>\n<figure id=\"attachment_75\" aria-describedby=\"caption-attachment-75\" style=\"width: 220px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-75\" title=\"220px-5.3.10RichardBransonByDavidShankbone\" src=\"https:\/\/blogs.ubc.ca\/derekchow\/files\/2010\/12\/220px-5.3.10RichardBransonByDavidShankbone.jpg\" alt=\"\" width=\"220\" height=\"284\" \/><figcaption id=\"caption-attachment-75\" class=\"wp-caption-text\">Sir Richard Charles Nicholas Branson<\/figcaption><\/figure>\n<p>Schumpeter placed emphasis on innovation when defining entrepreneurship, focusing on new products, new production methods, new markets, and new forms of organizations. Branson&#8217;s venture capital organization, Virgin Group Ltd., encompasses all of these &#8216;news&#8217;. From selling Christmas trees and birds to now owning a Formula One racing team, Branson&#8217;s Virgin Group really is everything. Its products include beverages, airlines, cosmetics, houseware, financial services, and obviously, music.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-76\" title=\"virgin-america-airbus-a320\" src=\"https:\/\/blogs.ubc.ca\/derekchow\/files\/2010\/12\/virgin-america-airbus-a320.jpg\" alt=\"\" width=\"384\" height=\"480\" srcset=\"https:\/\/blogs.ubc.ca\/derekchow\/files\/2010\/12\/virgin-america-airbus-a320.jpg 384w, https:\/\/blogs.ubc.ca\/derekchow\/files\/2010\/12\/virgin-america-airbus-a320-240x300.jpg 240w\" sizes=\"auto, (max-width: 384px) 100vw, 384px\" \/><\/p>\n<p>&#8220;On the one extreme an entrepreneur is a person of very high aptitude who pioneers change, possessing characteristics found in only a very small fraction of the population.&#8221;<\/p>\n<p>I consider people like Richard Branson part of this small fraction. If you look at the <a href=\"http:\/\/en.wikipedia.org\/wiki\/List_of_Richard_Branson%27s_business_ventures\">Timeline of Richard Branson&#8217;s business ventures<\/a>, you will see the diversity and success in his ventures. Like many other famous entrepreneurs, his adolescence foreshadowed his future career.<\/p>\n<p>One thing that Branson stressed regarding entrepreneurs, is experience. I find it ironic that his brand, labeled Virgin, accumulated so much experience and is so successful.<\/p>\n<blockquote><p>In business, there is no substitute for experience. So if you\u2019re an  entrepreneur, get on with it. If you&#8217;ve achieved success in business,  think about giving back to the community by mentoring some promising  entrepreneurs. Who knows?\u00a0They just might be the next Musa and Amos<\/p><\/blockquote>\n<p>Its ironic that his brand, labeled Virgin, accumulated so much experience and grew to what it is today.<\/p>\n<p>Source:<\/p>\n<p>http:\/\/www.entrepreneur.com\/article\/217567<\/p>\n<p>http:\/\/www.quickmba.com\/entre\/definition\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When the word &#8216;entrepreneur &#8216; is brought up, the first name that comes to my mind is Richard Branson, founder of Virgin Group. I believe that Richard Branson is one of the better representations of an entrepreneur. His accomplishments, skill, and experience are what make him a leading entrepreneurial figure. Schumpeter placed emphasis on innovation [&hellip;]<\/p>\n","protected":false},"author":3131,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/posts\/68","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/users\/3131"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/comments?post=68"}],"version-history":[{"count":7,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":73,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/posts\/68\/revisions\/73"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/derekchow\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}