Billionaire Richard Branson Received Key Money Lesson From Moroccan Driver

Rabat – British self-made billionaire Richard Branson took to his blog to share key money lessons he learned during his stay in Morocco from a cab driver.  

In an article published on January 22, the businessman wrote on his personal blog that he was recently in Morocco having a chat with a taxi driver who said, “You made money, the money didn’t make you.”

“Humbled, I thought he also made a really interesting point. I have never chased money for money’s sake and I don’t think it is the most important thing when starting a business,” said the wealthy businessman.  

“I have always believed that if you go into business to improve a product or a service and have a positive impact on people’s lives then success and money will follow,” the 67-year-old wrote.

Why money isn’t the most important thing when starting a business https://t.co/ryPKyGyvMI pic.twitter.com/RrXJszabQq

— Richard Branson (@richardbranson) January 22, 2018

“It is purpose, passion and drive that will take you over the finish line, not bundles of money.”

Branson, whose net worth is estimated at USD 5.1 billion by Forbes, dropped out of school at the age of 16 to fulfill his desire of becoming an entrepreneur.

“I never went to university. I look at life as one long university course that I’ve never had. I love new experiences, and I try to learn at least one thing every day,” said the businessman.

His first business venture was a magazine called Student. He later opened a chain of record stores, Virgin Records, known today as Virgin Megastores. Branson’s Virgin brand grew rapidly during the 1980s, as he established Virgin Atlantic airline, and expanded the Virgin Records music label.

The billionaire said that he travels to Morocco as often as he can to visit his luxury resort, Kasbah Tamadot, which is just 55 kilometers away from the city of Marrakech.

“I have so many great memories from Morocco – when I was trying to fly around the world in a hot air balloon, I based several attempts out of Marrakech,” wrote the businessman on the Virgin website