I'm not the sort of person who fears failure.

I was the kind of entrepreneur that never really felt I made it. When Mike Olefield's "Tubular Bells" [Virgin Records' first release] sold 8 or 10 million copies, I suppose, at age 19, I could've possibly retired on the money. Instead, I immediately pushed the boat and took that risk again.

Most entrepreneurs are not doing it for financial motives in the first place. They're just people who love creating.

The best way forward is to give more people everywhere greater power to build their own destinies.

Early on in your career, find someone better than yourself to run the business on a day-to-day basis. Remove yourself, maybe even from the building, and from the nitty-gritty. That way, you're going to be able to see the bigger picture and think of new areas to go into.

Do not be embarrassed by your failures, learn from them and start again.

LEARN FROM FAILURE. If you are an entrepreneur and your first venture wasn't a success, welcome to the club.