I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.

Half the art of ballooning is to make your crashes so gentle that you can fool yourself into calling them landings.

One key to entrepreneurial success is to get a great group of people around you who believe in your idea.

And obviously, from our own personal point of view, the principal challenge is a personal challenge.

Space travel will be like every other business. There will be competitors. . . . Thirty months from now, I'm confident we'll be flying people into space.

Breaking the rules and challenging convention is in the DNA of every successful entrepreneur. Doing things differently and solving problems with new, innovative and fresh approaches are the very reason many start-ups are able to compete and sometimes outpace the established market leaders.

In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business.