Friday, 05 July 2024 04:34

Richard Branson: This is the worst piece of career advice anyone’s ever given me

Rate this item
(0 votes)

Many of my career mentors have given me a similar tidbit of advice: Do what you know.
For the most part, it seems wise. I personally couldn’t imagine being in a job I knew absolutely nothing about. How long would it take for me to be successful? Would I get on my colleagues' nerves having to constantly ask for assistance?
But if you asked billionaire Richard Branson, it’s the worst advice he’s ever received. He broke through by doing the complete opposite.
“Most of my successful businesses were in industries where I had no industry experience at all,” Branson said on a recent episode of the Work Life with Adam Grant podcast. 
Exploring new projects and fields is smart, said Grant, a Wharton organizational psychologist: People who stay in a single, familiar industry sometimes develop “cognitive entrenchment,” he said.
In other words, as employees and scholars gain expertise, they can lose “flexibility with regard to problem-solving, adaption and creative idea generation,” according to research from Rice University published in 2010.
Instead, “when you’re fresh to an industry, from the outside, you get that ability to see what’s taken for granted and challenge it,” Grant told Branson on the episode.
I find Branson’s perspective insightful — after all, you can’t learn something new without trying something new.

 

CNBC

October 05, 2024

Industrial sector contracted in Sept amidst rising energy costs, CBN reports

The Central Bank of Nigeria (CBN) has reported that while the service and agriculture sectors…
September 23, 2024

APC candidate Okpebholo wins Edo governorship election

The governorship candidate of the All Progressives Congress (APC) in Edo State, Monday Okpebholo, has…
October 05, 2024

People are sharing where their former school bullies ended up later in life, and it's a wild ride

We recently shared a Reddit thread about where people's former childhood bullies ended up later…
October 05, 2024

80-year-old woman reaches Miss Universe final

Choi Soon-hwa, an 80-year-old woman from South Korea, recently shocked the world by qualifying as…
September 25, 2024

Binta Nyako withdraws from case as Nnamdi Kanu shouts: ‘I have no confidence in this…

The presiding judge in the trial of Nnamdi Kanu, detained leader of the Indigenous People…
October 05, 2024

Here’s the latest as Israel-Hamas war enters Day 365

Israel targets Hezbollah intel HQ in Lebanon, Iran says it will not back down Israel…
September 23, 2024

LUTH begins bone marrow transplant treatment for sickle cell patients

Following years of research and planning, the Lagos University Teaching Hospital (LUTH) has successfully launched…
September 22, 2024

Dubois knocks down, knocks out Joshua to retain IBF heavyweight world title

In an astonishing upset, Daniel Dubois delivered a career-defining performance, defeating former two-time world heavyweight…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.