Don't hesitate to seek external help or advice where need be. Sometimes, it takes an external, emotionally unattached individual to detect your business flaws and render unbiased advice.

I have had fun running all of the Virgin businesses, so I never see a setback as a bad experience; it is just a learning curve.

I am always working on the go. I have never had an office that I work out of and work has become intertwined with my personal life. Fortunately I am able to work from my home and can answer my e-mails in the morning, play tennis or kitesurf in the afternoon to keep fit and have meetings or phone calls in between.

The brands that will thrive in the coming years are the ones that have a purpose beyond profit.

Entrepreneursh ip is a great leveller, since having the benefit of a wealthy background or a generous investor isn't always an advantage. The wonderful thing is that money is not the sole currency when it comes to starting a business; drive, determination, passion and hard work are all free and more valuable than a pot of cash.

I never went into business to make money, but I have found that if I have fun, the money will come.

If you get into business solely to make money, you won’t. If you try to make a real difference, you’ll find success.