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Richard Branson: Advice to a Chinese student planning to start a business

  2014-09-24 reading:41
Entrepreneur Richard Branson occasionally shares his business experiences and advice with his readers. This time, a Chinese student asked him about whether to start his own business, and Branson gave him his own advice without reservation.
Q I am a senior majoring in taxation. I don’t think I want to pursue a career in this area. I want to start my own business. I needed to tell my parents how I really felt. Can you give me some advice? Bei (transliteration original) Chinese.
Answer If you want to be an entrepreneur, leaving school to pursue your goals can be a smart move, but it can also be a difficult choice, especially when your friends and family will have good intentions to push you through. your studies. Yet many successful business leaders, myself included, have chosen this path and never looked back.
No matter what type of business you end up starting, you can reassure your parents that you will learn relevant sales skills in practice to reassure them. I left school at sixteen to start a business. My friends and myself learned far more than we could ever get from a classroom. Having started many businesses since then, often in areas that we had little or no knowledge about at the beginning, it feels like my self-directed education will never stop. (I wasn’t able to pass the test on rocket science in a short period of time but my current work with Galaxy staff has definitely increased my knowledge in this area.)
Your family may ask you why you don’t continue your studies What? So what kind of content can be constructed as a good education suitable for an entrepreneur? I found that there is no educational method that can be used to cultivate life experience. The lessons a budding entrepreneur learns are of little value when he makes a bad decision and then finds a way to get his business back.
If you want to start your business right away, be prepared to inform your family about your plans and strategies. Find ways to connect with local programs that will provide seed capital to small businesses. The UK government's Startup Loans scheme provides young entrepreneurs with business loans on the same basis as student loans. (Help manage the program.) It's also possible that your university will help connect students who want to be entrepreneurs with potential investors. In some cases, universities will even invest in startups launched by their own students.
As an alternative you might consider running your business while continuing your studies. Nowadays, some colleges and universities give students who leave campus early the opportunity to catch up on their studies as long as they can find a more suitable time. I recently met with representatives from the London School of Business and Finance who are looking at ways to introduce online support (educational) for people starting businesses away from home. This gives their students the opportunity to try their hand at business while receiving guidance from mentors with years of experience. This is a good example of projects that might fit your goals.
If you choose to leave school altogether you may be able to further educate yourself through some real travel, of course I don't mean the casual kind of travel. You couldn't have more freedom than when you were young to choose to live in different cities and countries, experience various experiences, indulge in various cultures, and start working on different jobs. If you know which countries you want to sell your products and services to or which countries you will buy parts from, those places are a great place to start.
I have had the pleasure of watching my son Sam embark on some journeys over the past few years. When he was younger, he spent some time in Australia. Most recently, he went on an Arctic expedition to understand the effects of global warming and traveled to several countries in Latin America to research a film about the failed war on drugs. We also We went to Antarctica and Madagascar together to promote environmental projects. Sam now runs a film production company and has greatly advanced his career by enlisting the aid of friends from around the world.
You can also point out to your parents that if at some point in your career you do find that you need or want some formal training then learning can start anytime and anywhere. At that point you can choose to bring in an expert Flamingo to talk to your staff or sign up for a course or two online, whichever works best with your schedule.
Good luck Abei! Parents don't want to hear that their children are leaving school so try to be understanding. Think of this as your first and most important trial.

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