Protect your reputation. Don't be afraid of making mistakes.

My mother always taught me never to look back in regret but to move on to the next thing. The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me. I have fun running all the Virgin businesses-so a setback is never a bad experience, just a learning curve.

My general attitude to life is to enjoy every minute of every day. I never do anything with a feeling of, 'Oh God, I've got to do this today.'

We [Virgin Group] have been successful not by wasting time scrutinising our competitors but by looking at ourselves from the point of view of our customers do and seeking feedback through listening.

I am no stranger to healthy competition-wor king hard and playing hard

Don't become a slave to technology - manage your phone, don't let it manage you.

Having no regrets makes way for the best piece of advice I can give - don't be afraid of failure.