One of the best bits of advice I can give is, early on, when you're building a new business, try to find somebody to run it on a day-to-day basis to free yourself up to look at the bigger picture.

Remember the to-do list but don't forget the to-be list.

The time to go into a new business is when it’s badly run by others.

People do not mind people who try things and fail. If you're a good entrepreneur, you're not going to succeed in every single thing you try. You've got to try to succeed at more things than fail.

First and foremost, any business proposal I like must sound fun.

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

There are no quick wins in business - it takes years to become an overnight success.