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Press Article: Now's the Time to Make Millions
March 09, 2009

Richard Branson says now is the time to make your millions
By staff writers
NEWS.com.au
March 09, 2009 


Crisis, what crisis?

Virgin Boss Sir Richard Branson says now is the perfect time to become an entrepreneur / Reuters
Branson says now is best time to start-up
Urges leaders not to cut jobs

VIRGIN founder Sir Richard Branson says despite the gloomy outlook, the time has never been better to be like him.

Sir Richard, a self-made millionaire, believes the economic downturn has provided entrepreneurs with their greatest opportunity in years, The Times reports.

“Fortunes are made out of recessions. A lot of entrepreneurs get going in the economic depths because the barriers to entry are lower,” he said.

“There are a lot of Richard Bransons that will come out of the next three or four years.”

Sir Richard highlighted financial liquidity as the most important area for governments to focus on during the financial crisis.

“We cannot allow perfectly decent companies to go to the wall just because they cannot get liquidity. And if your bank is behaving badly, then shout about it because no business can afford to lose that lifeline,” he warned.






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