It’s appalling that there are 28-30 million people around the world living in slavery today. That’s equivalent to roughly half the UK population.
This is why we have committed to helping end modern slavery, and I applaud the UK government’s plans to introduce a Modern Slavery Bill to parliament this June.
Sadly, much of today’s slavery is found in corporate supply chains. While it’s hard to get exact figures, experts think that about 20 million people are enslaved making goods, many of which end up in global markets. This is simply unacceptable. It’s deeply unethical, and it’s also bad business. Thankfully, leading companies around the world, like IKEA and Tesco, have shown that building clean and ethical supply chains is good for their bottom lines.
Here at Virgin, we’re working to ensure that we do not engage in business with companies anywhere in our supply chains that risk being tainted by modern slavery.
I hope other business leaders will get behind these efforts and help us end this shameful scourge. And I also keep my hopes up that the UK Government will provide leadership and legislate for Transparency in Supply Chains as part of the Modern Slavery Bill.
Do you care about this issue? If you are in the UK, the most important thing you can do is to write to your MP, the Home Secretary, Business Secretary and even the Prime Minister to ask him/her to support Transparency in Supply Chains legislation. It doesn’t have to be a long or fancy letter – a short note will do. Find your MP’s address here
5 Business Secrets They Won’t Teach You in the Classroom
At graduation, it’s important to remember one thing: College is only the beginning.
As you walk up to accept your diploma and move your tassel from one side to the next, you will join many friends, colleagues and family members who have similarly moved up through the ranks of higher education. And while graduation calls for celebration, the realities of the real world should soon set in — that is, the truths college never taught you.
Before launching your company, here are five secrets your professors likely didn’t teach you in the classroom:
1. College is chaotic, business is methodical.
The tortoise and the hare isn’t about speed, it’s about focus. While regurgitating information twice a semester during finals week got your through college, it isn’t going to cut it anymore. You can’t cram your way through your startup. You need to slow down the frantic pace, have a more even-keeled schedule and strategy. Keeping your nose to the grindstone will help fine tune your managerial and overall business skills. Remember, becoming a successful entrepreneur is a marathon, not a sprint.
One of the most honest insights I discovered from an English professor friend was her explanation of what the students got out of her class. She believed that, while English wasn’t necessarily a circuitous major for a career, it was an opportunity to learn how to express yourself. College teaches you useful skills, but it is up to you to take it the next level.
3. Don’t brush off your electives.
It may seem like college electives were arbitrary and primarily used as an excuse to take Yoga 101. But these courses actually gave you credit for learning about areas outside your core classes and discovering different parts of yourself. If you found an unusual class, philosophy or club that piqued your interest, by no means forget about it. Take what you learned into the real world and apply it to your startup.
4. Group projects are productive.
I’m sure you are accustomed to dead weight in group projects — the people that do nothing but get the exact same grade as the hustlers. Don’t fret, you can turn this experience into a positive one through hiring the right people. Hire smart and use individual strengths for a stronger group. Good leadership means being able to form teams according to both compatibility and complementary skills. Use your negative group experiences to build better and more effective teams.
5. You don’t have to pay for knowledge
College is a great place to learn, but one of the most important aspects to realize about entrepreneurship is that it demands continuous learning. In other words, school isn’t over, as continuing your education and personal growth is vital. The best way to do this is by reading, getting involved with your community and seeking advice from others. If you’re strapped for time, invest in some audiobooks and learn something new while you make your commute.
What important lessons did you learn after graduation that you wish they taught you in college? Let us know in the comments below.
(Video) Serious Advice For Young Entrepreneurs
By Darpan Sachdeva
So you are young and hungry, and you want to be a successful entrepreneur? But where do you start?
We believe that to become a great entrepreneur, no matter what age you are, you must be taken seriously. So the good folks at “People Helping People” linked up with a handful of successful entrepreneurs to find out how they became great entrepreneurs.
If you are young and striving to be an entrepreneur, this advice could save you a lot of headaches on your journey to entrepreneurial success.
Advice for Young Entrepreneurs: How to Be Taken Seriously
Although this advice may be simple to some, the advice shared is something that is a must know for any up and coming entrepreneurs.
Darpan Sachdeva is the CEO and Founder of Nobelthoughts.com With a long time passion for Entrepreneurship, Self development & Success, Darpan started his website with the intention of educating and inspiring like minded people all over the world to always strive for success no matter what their circumstances.To keep going and never get disheartened and learn from every adversity.