No failure means no risk, which means nothing new

I have always looked on my businesses not just as money-making machines, but as adventures that can, I hope, make people better off.

The best advice I could give anyone is to spend your time working on whatever you are passionate about in life.

From the first days of my career as an entrepreneur, I have always used my own and my team's lack of experience to our advantage. In fact, at our first venture, Student magazine, we used our newcomer status to secure great interviews and generate publicity - people were excited about our new project and wanted to get involved. Our inexperience fed our restless enthusiasm for trying new things, which became part of our core mission.

Successful entrepreneurs don't wait for the perfect moment - they create it

Realize that the people who are working with you, this is their life. You know, 80% of their time is spent at work. Make sure that they're proud of what they're doing, that they're enjoying what they're doing.

The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me