To be successful, you have to be out there, you have to hit the ground running, and if you have a good team around you and more than a fair share of luck, you might make something happen. But you certainly can't guarantee it just by following someone else's formula.

A successful business must have a sound knowledge of its market and work on how its product or service will be different, stand out and improve people's lives. If you can ensure it responds to a real need in the market place, your business can punch well above its weight.

Red tape will often get in your way. It's one of the reasons I often carry scissors!

Take a chance - it's the best way to test yourself, have fund and push boundaries.

Bakers bake bread, accountants manage accounts and entrepreneurs turn ideas into reality.

And from, you know, small ideas, bigger ideas emerge. So we're starting with suborbital space flights and we'll then go into orbital space flights and, you know, maybe one day we'll send people on a one-way voyage into the depths of space as per the science fiction trips.

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