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.

If you're hurt, lick your wounds and get up again. If you've given it your absolute best, it's time to move forward.

To have created one of the most respected companies in the world. Not necessarily the biggest.

If somebody offers you an amazing opportunity but you are not sure you can do it, say yes-then learn how to do it later!

Your employees are your company’s real competitive advantage. They’re the ones making the magic happen-so long as their needs are being met.

Find somebody else to run your business on a day-to-day basis.

My definition of success? The more you are actively and practically engaged, the more successful you will feel.