Chinedu Osademe
496 views • 2 months ago
ALL YOU NEED TO START UP YOUR OWN BUSINESS IS AN IDEAL
Richard Branson has told on podcasts and in a book that he
first got the idea to go into the airline business after a flight he was on
aged 28 was delayed and he decided to walk to the back of the airport, find a
plane to charter, and then sell tickets on it to other people delayed on his
flight.
Waiting in Puerto Rico for his flight to board for the
British Virgin Islands where a fashionable lady friend awaited, a few number of
Branson's fellow passengers showed up, and so the airline canceled the flight.
Frustrated by the airlines disregard for its customers, yet not deterred,
Branson hired a plane on the spot, borrowed a blackboard, somewhat jokingly
wrote "Virgin Airlines –$39 one way to BVI" then, charmingly walked
around looking for people who had also been bumped offering a resolution to
their travel plan's discontentment. He filled his first plane and a short time
later Virgin Airlines was born with its first "secondhand 747" leased
from Branson's new friends at Boeing.
Virgin Airlines differentiated itself by simply being better
to the customer. It offered limo rides to the airport. It was the first to
install televisions on the back of headrests, and bars were available for
passengers to have a drink. However, later on, predictably, Virgin's accountants
insisted on eliminating such things to reduce hundreds of millions of dollars
of expenses for greater profitability. Branson's mum was a stewardess on the
first commercial airline, and Branson's value recognition of providing a
special flying experience reinforced Virgin's commitment to making flying a fun
time as it had often been in the past when it was a new experience for the
public. Branson speculated if Virgin Airlines eliminated the fun things out of
corporate normalcy, it would also eventually eliminate its eccentric customers.
Today, various Virgin airlines around the world fly 32 million passengers
annually. You can check out my book, I wrote on how to raise capital for your business, how to get additional source of income and many more. You can also watch these you tube video they are a summary of my book see you at the top. Be inspired.
https://tinyurl.com/ywzs6vmt
https://www.youtube.com/watch?v=rRL4X49KVBM
https://www.youtube.com/watch?v=5qbMjvgDep0
https://www.youtube.com/watch?v=iOrvOwBRsdk
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