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    Like all Virgin efforts, the Galactic unit emerged out of Branson’s deep dissatisfaction with the status quo.

    Sir Richard Branson is in a reflective mood. Almost 40 years after the launch of the Virgin Records label vaulted him into the global consciousness, Branson is in Los Angeles to collect a special Grammy Award celebrating his contributions to the music business, and the honor finds him looking back on his transformation from industry interloper to institution.

    With his black leather jacket, manicured goatee and signature long hair, the roguish Branson still looks uncannily like the London-born hippie kid who gate-crashed the music biz four decades ago, and he retains the energy and intensity that fueled the Virgin Group empire as it expanded its reach to embrace air travel, broadcasting, publishing and mobile communications. But Branson has changed: Now 61, he devotes much of his time to personal passions like The Elders, the international human rights group chaired by Archbishop Desmond Tutu.

    “A lot of my entrepreneurial skills now are spent in setting up not-for-profit organizations,” he says. “We’re a little more secure now, so we do things a bit differently.”

    Of course Branson has always done things a bit differently. It’s a philosophy that is central to the Virgin brand and ethos, and it’s the catalyst behind the project he calls “the most exciting thing” the company has ever pursued: Virgin Galactic, the commercial aerospace business devoted to providing spaceflights to everyday (albeit deep-pocketed) citizens. Slated to begin suborbital test flights later this year and passenger service by year’s end, Virgin Galactic has already signed up nearly 500 customers willing to fork over $200,000 each to reach an altitude of about 68 miles above the Earth’s surface.

    Like all Virgin efforts, the Galactic unit emerged out of Branson’s deep dissatisfaction with the status quo.

    Read Full Article in Entrepreneur.com

    Good luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

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