"Dream big by setting yourself seemingly impossible challenges. You then have to catch up with them."
In an exclusive video interview with Inc., Sir Richard explains how he combats "analysis paralysis" at Virgin Group.
"If you set seemingly impossible challenges," says Sir Richard Branson, "you make what people believed impossible possible."
Sir Richard Branson put a firewall between each Virgin company so that--if something goes wrong at one--it won't take down another.
In some cases--like Branson's space ship company Virgin Galactic--helpful regulators can make new business ideas possible.
DECISIVENESS "In the end, you have to say, Screw it. Just do it."2:58
COLONIZING MARS If You Don't Dream, Nothing Happens4:00
DISASTER Big Ideas Also Mean Big Risks2:20
HURDLES Difficulties & Opportunities of Regulated Businesses2:03