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Business

Billionaire Richard Branson says that 9 to 5 business days will disappear




Dreams of working 9 to 5, five days a week, with weekends will be a thing of the past, according to billionaire Richard Branson.

In a blog post, Virgin Group founder wrote that the way "we all work is going to change" due to the growth of technology and that's all good.

"As Google's Larry Page and others have said, the number of job vacancies for people will go down as technology evolves," Branson said, citing innovations like leading cars, advanced drones, and even pilotless aircraft as examples.

"In this area, this sounds like bad news for people. But if governments and businesses are ready, technology advances can be very positive for people around the world," he added.

Without the stressed secretary at the office overwhelmed by work and writing full of files, her boss is bringing more papers to her

Branson, who started her first business at the age of 15, after graduating from high school, and has created over 400 companies and employs over 70,000 people from around the world, said that the change could help accelerate the market to create "much smarter work practices" instead.

An idea he noted is that the government is going to teach workers for the technical skills needed for the future marketplace, in exchange for public service. 19659008] More about Branson

He said the changes could create shorter worksuits for American workers and would create an overall better balance between work and life for Americans.

"People have to pay the same or more to work less time so they can afford more free time. It's going to be a difficult balance to get it right, but it can be done."

Branson said that he fully embraces flexible working lives at Virgin Management, and really believes that giving people more opportunities on how and where they work is the key to success and it gives people the opportunity to become better workers.

In July, Holly Branson, daughter of Richard Branson, told FOX Business that the key to father's father's success relies on two key features.

"I want to say the most important thing he does is he's listening to everyone. It does not matter if he is talking to the CEOs, the cleaner or the receptionist," says Branson.

And the other is that he always writes everything down so that he does not forget.



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