0: This video is sponsored by Henson Shaving.
2: What do Ikea founder Ingvar Kamprad
5: Sir Richard Branson
6: Billionaire investor Charles Schwab
8: Walt Disney
9: And Henry Ford have in common?
12: All are or were successful entrepreneurs with dyslexia – a learning disorder that
17: makes it very difficult to read, write, and spell.
20: People with dyslexia have trouble connecting the letters they see
23: to the sounds they make and as a result, often struggle in school.
27: But in the real world, they thrive. They're behind some of the most successful companies on Earth.
32: Richard Branson is one of the greatest entrepreneurs of our time.
36: He created numerous businesses under the Virgin umbrella and has a net worth of $5 billion.
41: Virgin which now employs 90,000 people would not have been successful if I hadn't been dyslexic.
47: If you had told Branson's classmates that he'd achieve this stunning level
50: of success in life - they may have been dumbfounded.
53: Branson was seen as “the dumbest person in school” - in his words.
57: He had a hard time keeping up with his peers because of his dyslexia
60: and dropped out at the age of 16.
63: Yet he transformed his weakness into an advantage.
66: Branson credits dyslexia with his success
69: because he adapted his management style to suit it which he feels made him a better boss.
74: He understood the importance of communicating well.
77: He's famous for being an inspirational leader who engages with people.
80: And his dyslexia also forced him to
82: delegate tasks to those who excelled in the areas where he was weak.
84: I had to surround myself with great people. Because I wasn't good at
89: maths or something, I had to find people who were good at it.
93: One example is when he hired an accountant during the early days of Virgin.
97: He credits that with getting the company off the ground.
100: Branson always struggled with numbers and words. Once, when he was in a board meeting at the age of
104: 50, he couldn't for the life of him understand the difference between net and gross profit.
109: Another person in the room kindly took him aside and explained it to him with an illustration.
114: He drew the ocean. And put a net in the ocean with fish in it.
118: He explained that the fish in the net were the net profits,
120: and the rest of the ocean was the gross turnover.
123: And then everything became clear to Branson.
126: Delegating tasks to the right people is essential to growing any business.
130: Yet many find it difficult to give up control. Everyone knows of a boss who's a micromanager!
135: Research has found people with dyslexia are more likely to delegate authority
139: and also twice as likely to own two or more businesses.
142: That study out of Cass Business School in London found more than
146: a third of American entrepreneurs surveyed showed signs of dyslexia.
149: Another commissioned by the BBC found 40% of that
153: country's self-made millions showed some signs of the learning disability.
157: That's significantly higher than the estimated 5% to 10% of the
160: general population with some degree of dyslexia.
164: The question is: Are their entrepreneurial strengths a result of nature or nurture?
169: A dyslexia expert believes they are naturally better at certain things,
173: like picking up social cues.
174: In an article in the Sacramento Bee about California governor Gavin Newsom who has dyslexia,
180: Dr. Marilu Gorno-Tempini of UC San Francisco said:
183: “He can understand what people need and their emotions more than others.
187: I don't think that's a compensation. I think that's the superpower of his dyslexic brain.”
192: She and other scientists at UC San Francisco recently discovered children with the disorder
197: had greater changes in heart rate and facial behavior when they viewed video
200: clips of others experiencing emotions compared to children without dyslexia.
205: Eleanor Palser, one of the researchers who conducted the study, concluded to Newsthink:
210: “This tells us that dyslexia might be associated with biological differences in empathy…”
215: Being able to see things from the other person's perspective
218: is extremely important for any entrepreneur.
221: Walt Disney, who was diagnosed with dyslexia, could read people very well
224: and was extremely empathetic according to those who knew him.
228: He dreamt up a world that children and adults could enjoy and transformed Disney into an empire.
234: Turns out, the brains of people with dyslexia are wired differently.
238: University of Cambridge researchers used artificial intelligence to map
241: out the brain differences of hundreds of children.
244: They discovered those with dyslexia had poorly connected “hubs” within the brain
248: which they attributed to their learning difficulties.
251: You can liken these hubs to a train station with few or poorly organized connections.
256: So people with dyslexia literally have a different way of thinking and seeing the world.
261: Their unique brains are believed to make them brilliant spies.
265: In fact, some intelligence agencies are actively recruiting people with dyslexia,
269: such as the UK's GCHQ. The agency calls their
272: thinking skills “mission critical” because they're great at spotting patterns that
276: others don't see - crucial in trying to prevent acts of terrorism for example.
281: And increasingly important with warfare moving into cyberspace.
284: As AI and machine learning automate routine tasks, creative thinking
288: skills could be in higher demand. And their creativity apparently
292: leads to original ideas that translate into million-dollar or billion-dollar success.
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356: Thanks for watching. For Newsthink, I'm Cindy Pom.
Did you know that many successful CEOs have dyslexia?
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Newsthink is an online media company set up by Canadian journalist Cindy Pom. The Newsthink YouTube channel looks at current affairs but has a particular focus on technology and sciences. The videos also have a strong focus on individuals; so there are lots of profiles of, and interviews with, inventors and business leaders from the technology and science sectors.