Why do some people do exceptionally well in business (like richard branson) & other people do really badly?

Question

What i mean by really badly is bankrupt a few times or they just do ok in business.

Answer 1

Really successful business peole have all the attributes needed: self-determiniation, self-confidence, ect. Also, really successful people like branson proberly want success more than most people. As, richard is dyslexic (he was bottom of the class in all subjects, according to his autobiography), & he so he focused his efforts on sport. But then when suffered an injury, he could excel at sport at school. So, he started his own business, called 'student', to concentrate his efforts on & as they said the rest is history!

Answer 2

Smarts and determination.

Some people get into business unprepared and not fully realizing the time hard work and dedication it takes.

Also it also helps who you know.

Biggest rule of thumb it usually takes money to make money.

Answer 3

Because they are determined and want it badly.

Unlike you lazy so and so who just sits on your bumsy all day.  

Answer 4

Michelle S is right -- smarts and determination make up a lot of the equation, and who you know can also be a factor.  Another facet is just plain luck.  Being in the right place at the right time with the right idea or product can reap huge rewards.  Take Bill Gates, for example:  He saw that computers were going to become more mainstream, with people having personal computers in their homes, and he came up with an operating system that was very user-friendly and didn't require you to have an advanced programming degree to use it.  The result?  His corporate worth is somewhere around $70 billion.  

But let's go back to the basics:  If you want to be successful in business, you have to work hard and you have to be dedicated.  You can't let every little setback get you down, you have to learn from your mistakes and press on, and you have to use good sense and judgment when making decisions (especially if it involves spending money).  You also have to know what it is you intend to produce, be it goods or services, you have to make sure there is a market for your goods and services, you have to consider your competition, and you have to provide these goods and services at a competitive price while delivering good customer service.

Answer 5

Intellectual types fail becuase they weigh up the risks and hesitate, non- intellectual types like Richard Branson just jump in, which is why they are ultimately more successful.