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

Most people assume that a record shop's success lies in selling records. In fact, Virgin's success both in mail order and the record shops lay in skill at buying records.

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

There have been times when I could have succumbed to some form of bribe, or could have had my way by offering one. But ever since that night in Dover prison I have never been tempted to break my vow.. My Parents always drummed into me that all you have life is your reputation: you may be very rich, but if you lose your good name you'll never be happy.

I think it's important we continue to find new ways for start-up businesses to get access to funding, mentorship and business advice.

When we start a new venture, we base it on hard research and analysis. Typically, we review the industry and put ourselves in our customer's shoes to see what we could do better.

Your brand name is only as good as your reputation