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Pupil finds a very reliable source for business studies project

When a group of year eight pupils in Norfolk were set a business studies project, their teacher hoped they would put plenty of work into their research.

But she had not expected one of her pupils to go to quite so much effort to get her facts right.

Olivia Hill was putting together a profile of the entrepreneur Sir Richard Branson - and she found a very reliable source of information.

Lauren Hall reports.

To read Sir Richard Branson's letter in full, click here.

Read enterprising Norfolk pupil's letter from Sir Richard Branson

Olivia Hill's enterprise project about Sir Richard Branson. Credit: ITV News Anglia

Dear Olivia,

Many thanks for getting in touch. I’m honoured you have chosen yours truly as the subject of your business studies project. As somebody who did not particularly enjoy school, I hope you have some fun finding out about Virgin’s adventures!

As you pointed out, my life in business started with Student Magazine when I was a few years older than you are now. We set up Student to give a voice to people like me who wanted to protest against the Vietnam war and the establishment.

I didn’t have a career in business in mind, we just wanted to make a positive difference to people’s lives. I soon learned one of the best ways to do that is to become an entrepreneur.

The key enterprising skills I used when first starting out are the very same ones I use today: the art of delegation, risk-taking, surrounding yourself with a great team and working on projects you really believe in.

As you mentioned in your letter, I suffer from dyslexia but was able to turn this to my advantage. I delegated the areas I struggled with to people who also believed in the project.

This freed up my time to focus on what I was good at – the strategy of the magazine, making contacts and developing marketing. We had very little money so had to take risks to get our magazine on the map.

I approached to be in Student people like Mick Jagger and David Hockney, whom somebody with more experience may have been too intimidated to contact. For some reason, they said yes!

I secured advertising by calling up big brands from the school phone box, telling them their rivals were already advertising with us and playing them off against each other.

It was all great fun, and we learned so much about business by taking chances, getting things wrong and getting up to give it another go. Back then, people who were interested in starting their own businesses were not encouraged in school.

Nowadays, while I still think much more could be done to encourage entrepreneurship in education, there are lots of tools and mentors to help you get started in business.

If your GCSE studies spark your interest too, then that’s brilliant. If you don’t get top grades, remember there’s a lot more to life than some letters on a piece of paper.

Have you thought about your own first business idea yet? When you do, be sure to let me know.

All the best,

Richard.

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Olivia gets some expert advice for school project

A year eight pupil from Norfolk has proved she is top of the class when it comes to using a bit of initiative.

For her business studies project, Olivia Hill had to research Sir Richard Branson - so she decided to contact the man himself.

To the Aylsham High pupil's surprise, he wrote back with everything she needed to know and also offered his top tips.