Clearly in the eyes of the consumer; the brand has not been diluted, but we must guard against that happening at all costs.

I wanted to be an editor or a journalist, I wasn't really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.

There's no better satisfaction than watching the people around you, who have worked day and night to get something right, realising the dream.

We don't actually plan to launch new businesses over the next few years, but we are planning to take the ones we have into new territories.

If you create something that makes a difference in people's lives, you are likely to become a business success as well

The years I would have spent at University, I spent building Student Magazine and Virgin Records. For me that was far more fun and satisfying. I have treated everyday as the University education I never had and think I learnt more about business and life than I would have at University in the process.

Coming up with the bucket list is the easy part, but ticking off the list is the challenge. I love a good challenge, which is why I strongly advise everyone to come up with a bucket list. It doesn't have to contain out of this world tasks. But once you have written down the list, screw it, just do it!