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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