Everybody recognizes that if you can make very efficient electric motors, you can make a quantum leap forward.

When I started off, I was working in a shed behind my house. All I had was a drill, an electric drill. That was the only machine I had.

Britain's great strength is its innovative, design and engineering natural ability and we're not using it.

A lot of people give up when the world seems to be against them, but that's the point when you should push a little harder. I use the analogy of running a race. It seems as though you can’t carry on, but if you just get through the pain barrier, you'll see the end and be okay. Often, just around the corner is where the solution will happen.

The important thing is to learn from mistakes - something graduates are adept at. Our graduate engineers are working on new technology - from uncharted applications for our digital motor, to a new take on the hand dryer. With an unhindered mind, nothing is off limits.

I've obviously used fans - I wouldn't say all my life, because we couldn't afford them when I was young, but from my 20s and onwards we've had to use fans. And I've always loathed them. Everything about them. The way you adjust them, getting them at the angle you want. Carrying them. Cleaning them. The danger of putting your finger in them.

If you invent something, you're doing a creative act. It's like writing a novel or composing music. You put your heart and soul into it, and money. It's years of your life, it's your house remortgaged, huge emotional investment and financial investment.