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March 12, 2007
The Quotable Richard Branson
Some funny/pithy quotes from Virgin founder Richard Branson at TED last weekend. For example, despite running a $25-billion company, the dyslexic and accounting-challenged Branson struggles with the whole gross/net thing:"I'm dyslexic and would have failed an IQ test. In business, I don’t know the difference between net and gross. It makes the board meetings interesting."And on Virgin Brides:
Q: The $25B is gross, right?
A: Well, I hope it's net.
Q: Virgin Brides. What went wrong?[via SteveJ]
A: We could not find any customers.
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And on competing with Amazon:
"Like getting into a bleeding competition with a blood bank."
And he also famously said:
"I never get the accountants in before I start up a business."
Good job then that he has never had to raise VC funding from a British outfit, most of them being accountants..
My favorite RB line is his advice on becoming a millionaire: start with a billion, then start an airline.