• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryU.S. innovation

How Richard Branson turned his passion into a tangible business

By
Hal Gregersen
Hal Gregersen
Down Arrow Button Icon
By
Hal Gregersen
Hal Gregersen
Down Arrow Button Icon
May 12, 2015, 1:59 PM ET
Branson Launches Virgin Atlantic
British businessman Richard Branson holding a model Boeing 747 at a press conference for the launch of his Virgin Atlantic airline, London, 29th February 1984. Branson has announced his plan for a scheduled service between Gatwick and Newark using a leased 747. The fare is to be 99 pounds. (Photo by Bride Lane Library/Popperfoto/Getty Images)Photograph by Bride Lane Library/Popperfoto/Getty Images

Organizations are dealing with higher levels of uncertainty and deeper complexity than we’ve ever seen before. Not surprisingly, this changeable landscape is causing employees to act cautiously in order to keep their jobs. (After all, who wants to “rock the boat” or be blamed for a failed project?) While this reactive behavior makes logical sense, it’s also creating a major roadblock on the journey to innovation.

Innovation begins with either a passion or a problem. Passion means you’re motivated to innovate because you care deeply about something. For example, thanks to watching Neil Armstrong land on the moon as a child, Richard Branson became very interested in space and realized that he wanted to go there like Armstrong did. For decades, he asked questions, kept notebooks of ideas, talked to different people and worked hard to figure out a way for his passion to become a reality. With a long-term commitment borne by the head and heart, it’s no wonder that the stars lined up for Branson to start Virgin Galactic, transforming his passionate idea into a tangible business.

However, becoming that passionate about something is easier said than done in a world where employment is so tenuous and many of us are more motivated by the fear of losing our jobs than by making a difference through positive change. Here are three ways to do this:

Empathize with others

Counter-intuitively, one way to overcome that fear is to look outside of your own needs. Passions that lead to world-changing insights are rarely self-centered, navel-gazing activities. Instead they often focus on trying to make a positive impact for someone else. One of the fastest ways to spark instant motivation is to set up direct, personal contact with end-users of a product or service to better understand their needs.

Search for existing problems

The other significant starting point for innovation is paying more careful attention to an existing problem. Consider Salman Khan. In 2004, Khan, then a hedge fund analyst, heard his cousin in Louisiana was struggling with mathematics. He saw an opportunity to solve this problem by tutoring his cousin over the Internet using Yahoo!’s Doodle notepad. Soon, the demand from other family members and friends for similar lessons motivated him to move his tutorials to YouTube in 2006. Today, as the founder of the Khan Academy, a not-for-profit organization with the mission of providing a free world-class education to anyone, anywhere, Khan has more than 2,000 tutorials on YouTube, which are viewed around the world nearly 100,000 times a day.

The good news is that everyone has problems – whether professional or personal. Either way, if we care enough about the problem, we may become passionate about solving it.

Whether you are motivated by passion or a problem, make sure you are willing to fully invest in the idea before you begin your innovation journey. Deep persistence to making an idea happen is key – even though leaders must often make critical “pivots” from initial plans to transform abstract ideas into powerful realities. Beware though that some leaders start out with great intentions, thinking they are passionate about a particular change initiative, but find themselves pulled away from the original idea into other directions – for all the wrong reasons. For example, some ideas get shut down fast by the ever spinning wheels of internal political dynamics.

Make a list

What can you do to find your passion or identify a problem that you care deeply about? Try making a list of the major challenges you currently face for which you don’t have an answer. Which of these is most deeply connected to your end users or clients? Which ones could make the biggest difference for the future of your company? Which ones spark any kind of emotion, either positive or negative? Deciding that a problem matters at a fundamental level requires a concrete choice about how you will use your time differently. So choose well to make sure it’s worth it.

When you uncover something that you care enough about to do something about it, then you’re at the perfect starting point for a powerful innovation journey. Once you get the energy and empathy juices flowing, you can get out of your comfort zone and start to make a difference.

Hal Gregersen is executive director of the MIT Leadership Center and a senior lecturer in leadership and innovation at the MIT Sloan School of Management. He is the author of The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators.

About the Author
By Hal Gregersen
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Commentary

economy
CommentaryGDP
Why 4.3% GDP growth proves the ‘vibecession’ theory is historically wrong
By Brian HamiltonDecember 24, 2025
51 minutes ago
students
CommentaryEducation
Why restricting graduate loans will bankrupt America’s talent supply chain
By Katica RoyDecember 23, 2025
24 hours ago
Arnault
CommentaryLuxury
The secrets of what Arnault knows: How Bernard Arnault built the impossible, and his timeless, transferable lessons of leadership 
By Jeffrey Sonnenfeld and Steven TianDecember 23, 2025
1 day ago
beer
CommentaryFood and drink
Supporting moderation: beer’s structural advantage in the no-alcohol space
By Justin KissingerDecember 23, 2025
1 day ago
Chris Nicholas
CommentaryLeadership
I’m the Sam’s Club CEO and I’ve got an AI leadership reality check: let purpose, not promise, guide investment
By Chris NicholasDecember 22, 2025
2 days ago
Geoff Green
Commentarymortgages
Your mortgage likely cost $11,500 to originate—and reams of paperwork. How Salesforce Agentforce is helping improve the process
By Geoff GreenDecember 22, 2025
2 days ago

Most Popular

placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
2 days ago
placeholder alt text
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeDecember 22, 2025
2 days ago
placeholder alt text
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
22 hours ago
placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
20 hours ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
1 day ago
placeholder alt text
Success
OpenAI's CEO Sam Altman says in 10 years' time college graduates will be working 'some completely new, exciting, super well-paid' job in space
By Preston ForeDecember 23, 2025
24 hours ago