Speaking at the Perfect Pitch Business Conference at the Ritz Carlton Hotel in Marina del Rey, Richard Branson had this advice for entrepreneurs: 1.) Don’t criticize employees. Leaders who have bad tempers need to learn to keep them in check. 2.) Have fun, let your hair down as a leader to develop a strong commitment among employees in a company. 3.) Have plenty of cash to pay the basic bills. 4.) Don’t be wedded to your bank, seek out the best terms. 5.) A small amount of money can often build a business. 6.) A company is an idea, if people love what you’re doing then they’ll be passionate. 7.) Branding is important but a great product stands out from the crowd.Easier said than done? Would you add anything to these basic precepts? Add your comment below. Related articlesRichard Branson slams BSkyB over pay-TV monopolyRichard Branson is Britain’s top entrepreneurRichard Branson Part 1: "UK firms must make their mark internationally!" Picture: source
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