D is for Delegation

When starting out, entrepreneurs face seemingly never-ending lists of tasks. I had to be a jack-of-all-trades at Virgin Records. I had at least 10 job titles (depending on who I was talking to) – marketing, PR, operations, business development… you name it, I did it.

Working across so many areas is great because it enables you to learn quickly, broadening your skill set, and tackle challenges head on with confidence – but in order for an entrepreneur to grow into a successful leader, they must learn to delegate.

It's no secret that I wasn't the most academic student. Dyslexia held me back from focusing on school work and achieving good grades. But I quickly learned that if I flanked myself with people that complemented my weaknesses, I could work with them towards greater achievements.

Over the past 50 years, I have used this as my model for doing business. While the Virgin Group has always been my vision, a number of people have significantly influenced the journey along the way. There are far too many to name-check, however over the course of my career I have worked hand-in-hand with many inspired minds to bring innovative ideas to life.

Richard Branson with team members at The Virgin Way Co-Lab

Entrepreneurs and business leaders have a lot in common with scouts for professional sports organisations. They should be out there talent spotting, whether with established stars on other teams or undiscovered, up-and-coming raw talent.

Delegate – it’s the most important bit of advice I can give to entrepreneurs and leaders. Surround yourself with people who complement you, aid your self-development, and most importantly give you the freedom to look after yourself and your family and scale to move forward into new areas.

Richard Branson and Australian team members at the Virgin Way Co-Lab

What does delegation mean to you?

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