Introduction
In today’s business environment, many people feel the need to become an entrepreneur versus following the status quo. But this decision does not work for everyone as there are people who start a business; however, the business fails for any number of reasons. According to Carmody (2015), 96 percent of businesses fail within 10 years. An entrepreneur is a special individual who must possess special knowledge and traits in order to ensure the success of the business. One successful entrepreneur is Richard Branson; who is considered one of Britain’s highest profiled billionaires. Mr. Branson created a conglomerate ...