No experience? No problem


Don’t get hung up on whether you need to have experience in an industry before launching your startup. Instead, think about changes you’d like to see as a customer.

Just because you don’t have any experience in a particular business doesn’t mean you can’t make a good go of it. The key is not to start another me-too company but to offer something different.

Q: Virgin works in a variety of industries – you jumped from magazines to records to air travel, and from there to soft drinks, space flights and so on. Do you need to have prior knowledge of the industry you want to start a business in? How have you started up one business after another and succeeded again and again? – Hernan Gaytan

Start your ads-free experience now!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , branson , column , original disruptor

   

Next In News

Man drowns after rescuing brother, cousin from Lahad Datu river
How home swapping became the trendy alternative to Airbnb
Labour's Starmer: No 'magic wand' as polls predict landslide in UK election
Malaysia Airlines Hyderabad-KL flight returns to airport due to engine trouble
India's Modi criticised for exam irregularities amid lack of jobs
EU states approve 14th sanctions package against Russia, diplomats say
Nine data centres in Johor completed, six others in progress, says exco rep
Health Ministry has urged food donors to ensure safety for recipients
US man arrested on 11 voyeurism charges after babysitter finds hidden camera
Tourists found locked inside famous cave temple in Perak

Others Also Read