Product Description

"Oh, screw it, let's do it."

That's the philosophy that has allowed Richard Branson, in slightly more than twenty-five years, to spawn so many successful ventures. From the airline business (Virgin Atlantic Airways), to music (Virgin Records and V2), to cola (Virgin Cola), to retail (Virgin Megastores), and nearly a hundred others, ranging from financial services to bridal wear, Branson has a track record second to none.

Losing My Virginity is the unusual, frequently outrageous autobiography of one of the great business geniuses of our time. When Richard Branson started his first business, he and his friends decided that "since we're complete virgins at business, let's call it just that: Virgin." Since then, Branson has written his own "rules" for success, creating a group of companies with a global presence, but no central headquarters, no management hierarchy, and minimal bureaucracy.

Many of Richard Branson's companies--airlines, retailing, and cola are good examples--were started in the face of entrenched competition. The experts said, "Don't do it." But Branson found golden opportunities in markets in which customers have been ripped off or underserved, where confusion reigns, and the competition is complacent.
And in this stressed-out, overworked age, Richard Branson gives us a new model: a dynamic, hardworking, successful entrepreneur who lives life to the fullest. Family, friends, fun, and adventure are equally important as business in Branson's life. Losing My Virginity is a portrait of a productive, sane, balanced life, filled with rich and colorful stories:

• Crash-landing his hot-air balloon in the Algerian desert, yet remaining determined to have another go at being the first to circle the globe

• Signing the Sex Pistols, Janet Jackson, the Rolling Stones, Boy George, and Phil Collins

• Fighting back when British Airways took on Virgin Atlantic and successfully suing this pillar of the British business establishment

• Swimming two miles to safety during a violent storm off the coast of Mexico

• Selling Virgin Records to save Virgin Atlantic

• Staging a rescue flight into Baghdad before the start of the Gulf War . . .
  

And much more. Losing My Virginity is the ultimate tale of personal and business survival from a man who combines the business prowess of Bill Gates and the promotional instincts of P. T. Barnum.

Also available in the UK from Virgin Publishing, and in Canada from General Publishing,

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Product Details

• Amazon Sales Rank: #360043 in Books
• Published on: 1998-10-06
• Released on: 1998-10-06
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 370 pages

Amazon.com Review
In this autobiography, Virgin Group founder Richard Branson says one of his prime business criteria is "fun." Fun made Branson a billionaire, and few business memoirs are one-billionth as fun as Branson's, nor as niftily written. Not only does it relate his side of near-death corporate experiences, it tells how the chairman literally cheated death by gun, shipwreck, and balloon crash.

Branson's empire--now encompassing interests in an airline, pop music, soda pop, e-commerce, and financial services--began when the dyslexic 16-year-old dropped out of school in 1968 to found the British magazine Student. His headmaster said, "I predict that you will either go to prison or become a millionaire." Briefly imprisoned for dodging customs selling records, Branson got his first million by releasing Tubular Bells, a maverick recording all the stuffy executives rejected. (1998's Tubular Bells III puts the series' sales over 20 million.)

Despite wild tales of Branson's wife-swapping and Keith Richards fleeing naked from Branson's studio at gunpoint with another man's woman, the most shocking parts of the memoir concern British Airways' James Bond-like "dirty tricks" campaign against Virgin Atlantic, resulting in the biggest award for damages in English history.

Though it's filled with famous names, witty quotes, and pulse-pounding accounts of lunatic balloon adventures, it is as a business thriller that the book really scores. His instinctive bet-the-ranch tactics could cost him all, or earn another billion. Either way, Branson will likely remain the most entertaining entrepreneur in Europe. --Tim Appelo

Review
?Richard is good-looking and very smart, which is sexy to start with. He also makes a billion dollars before breakfast?and still knows how to have fun."
-- Ivana Trump
?Few people in contemporary business are as colorful, shrewd, and irreverent, and probably no one?s nearly as much fun to be around. . . . Branson embodies America?s cherished mythology of the iconoclastic, swashbuckling entrepreneur."
-- GQ
?Branson wears his fame and money exceedingly well: no necktie, no chauffeur, no snooty clubs. . . . What continues to set Branson apart is the unique -- and, to some, baffling -- nature of his ambition. . . . He isn?t interested in power in the usual sense of influencing other people. . . . Boiled down to its singular essence, Richard Branson just wants to have fun.?
-- Newsweek
?Branson, a self-described ?adventure capitalist,? is a business-creation engine who was clearly born in the wrong place. . . . Those business instincts are matched by an ability to motivate people who work for him. And who wouldn?t want to -- Branson seems hell-bent on making sure that everybody, but everybody, is having as much fun as he is.?
-- Time
?Richard Branson . . . is dressed to the nines: in a $10,000 white silk bridal gown with a traditional veil and train and acres of lace. . . . Branson is expected to do the unexpected, even the bizarre -- anything to publicize his latest venture. . . . The fact is, Branson?s widely reported stunts seem almost staid compared to the unconventional way he manages his burgeoning empire.?
-- Forbes ASAP


From the Trade Paperback edition. -- Review

Review
“Richard is good-looking and very smart, which is sexy to start with. He also makes a billion dollars before breakfast—and still knows how to have fun."
-- Ivana Trump
“Few people in contemporary business are as colorful, shrewd, and irreverent, and probably no one’s nearly as much fun to be around. . . . Branson embodies America’s cherished mythology of the iconoclastic, swashbuckling entrepreneur."
-- GQ
“Branson wears his fame and money exceedingly well: no necktie, no chauffeur, no snooty clubs. . . . What continues to set Branson apart is the unique -- and, to some, baffling -- nature of his ambition. . . . He isn’t interested in power in the usual sense of influencing other people. . . . Boiled down to its singular essence, Richard Branson just wants to have fun.”
-- Newsweek
“Branson, a self-described ‘adventure capitalist,’ is a business-creation engine who was clearly born in the wrong place. . . . Those business instincts are matched by an ability to motivate people who work for him. And who wouldn’t want to -- Branson seems hell-bent on making sure that everybody, but everybody, is having as much fun as he is.”
-- Time
“Richard Branson . . . is dressed to the nines: in a $10,000 white silk bridal gown with a traditional veil and train and acres of lace. . . . Branson is expected to do the unexpected, even the bizarre -- anything to publicize his latest venture. . . . The fact is, Branson’s widely reported stunts seem almost staid compared to the unconventional way he manages his burgeoning empire.”
-- Forbes ASAP


From the Trade Paperback edition.

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Customer Reviews

Very Rich and Intense, still it Reads like a Breeze
The book was, to my delight, a very interesting read. "Losing My Virginty" reads like a novel and I would say that it was as interesting as both "Memoirs or a Geisha" and the "Harry Potter" series. Yet the book was full of lessons in a variety of business fields; entrepreneurship and risk-taking being at the forefront of those fields. In its value as a business book, I would compare it to "Lessons from the Top" and "The Millionnaire Next Door", both of which were a much less gripping read. However, "Losing my Virginity" is different from those two books in that it is primarily about "World Class Entrepreneurship".

Branson takes the reader on a trip back to the 60's and 70's when Virgin took off and gradually leads you into the "jetstream" of his turbulant life. You will enjoy the ride.

This is definitely a book that I thoroughly enjoyed and earnestly recommend to anyone, not necessarily to businessmen, just to anyone who wants to make the most of his/her life.

Richard Branson used the book well on many occasions to tell his side of the story and to clarify to the public certain events that may have not been fully disclosed in that way during the time of their occurance.

He also talks freely about matters, which a conventionial bussinessman would find out of place, beyong the point or even downright embarrassing. Those "personal" moments are actually the essence of what this book is all about. The book is about Branson's life and Virgin Group is just that, a very large chunk of Branson's life.

Some Teaching Points but lacking depth....
I have to agree with several other readers. Sir Branson articulates himself to be a born entrepreneur, risk-taker (sometimes calculated, other times not), iconoclastic and, perhaps subtlely, family-centered.

Unfortunately, his vivid descriptions of his variegated love life and only tangential discussion of his personal life philosophy and philanthropic work, leaves one saying "He's an exciting, flamboyant character; but not someone who will be remembered in the manner of a Carnegie or Rockefeller".

Whenever I read and review biographies, I try to encapsulate key takeaways--relevant teaching points--for future benefit. I present them below in the hope that they might be beneficial to someone:

-A tight knit social circle of family and friends is critical; the wealthier and more successful one becomes, the tighter and more important this circle should be

-JVs (Joint Ventures) can be a valuable way of expeditiously creating new business lines in an unfamiliar industry or environment

-European banks are far more conservative/less risk-taking than American ones (rather well known)

-Sub-units managed as individual corporate entities are an effective way of hedging risk and building employee buy-in

-Put employees first (vs. shareholders) and profits to owners/shareholders will dutifully follow


Overall, I am pleased that I read this book because I enjoy Virgin's services (particularly Virgin Airways). Branson's adeptness at branding is unquestionable. However, I came away with the feeling one often has after completing a meal at a much hyped restaurant yet not having had one's appetite pleasurably satisfied.

The way a leader is supposed to think
Now with the caveat that this is Branson's view of how he got to where he is today, I found this book to be a terrific read. In my mind, 'Losing My Virginity' perfectly encapsulates the way a leader is supposed to think and act.

Ever heard Branson speak in public? He's surprisingly shy, ill-at-ease, and not all that eloquent. But the guy works hard every day at crafting his vision and pushing it forward one day at a time. That's the genius of this book - Branson shows us the method he's used to succeed and admits that there's no great genius involved, but a heck of a lot of perserverance, determination...and a fair degree of flair!

My caveat at the beginning? If you want a very different viewpoint of Branson's career, check out Tim Jackson's excellent "Virgin King."