Virgin - Richard Branson's Success Story

  Famous Quote

"I don't go into ventures to make a fortune. I appear in it because I'm not satisfied later the mannerism others are take steps in influence."

Growing Up

Branson dropped out of scholarly in 1967 at the age of 16 and started a magazine called Student. He hoped it would be a forum for politically-minded minor years. He soon was publishing essays and interviews from such figures as Jean-Paul Sartre, James Baldwin, Alice Walker, and Robert Graves. Despite such a roster of invincible minds and scholarly figures, the magazine never made keep and seemed bound to fail.

Starting the Business

Branson began publicity his adjacent-door idea in the pages of Student; selling albums at a shortened rate through the mail. It rapidly became a more profitable matter than the magazine itself. The staff of Student rapidly found themselves the employees of the Virgin discount book store. "Virgin" because no one had been in issue back. Virgin had been going strongly but it was discovered Branson was dodging his tax payments. He was arrested and jailed.

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Building an Empire

An out-of-court consent was reached and, sure to save the credit sheets purposefully, Virgin Records was founded in 1973. Mike Oldfield's future "Tubular Bells" was the first scrap book released through Virgin and became an international encounter. But, it was the signing of the Sex Pistols to his label in 1977 that in fact stated Virgin Records. Though the Pistols broke going on soon after, Virgin became the largest indie label in the world. Bands considering the Rolling Stone, Peter Gabriel and UB40 were signed to Virgin.