For a successful entrepreneur it can mean extreme wealth. But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.

The ability to bounce back after a setback is the single most important trait an entrepreneurial venture can possess.

Give your employees a mission that matches their ambitions. When you challenge people, they surprise you.

The quality of business communications has become poorer in recent years as people avoid phone calls and face-to-face meetings, I can only assume, in some misguided quest for efficiency.

A business has to be involving, it has to be fun, and it has to exercise your creative instincts.

I never wanted to be a businessman, I just wanted to change the world

The extraordinary thing about the record industry is how success can take off without warning.