Enjoy life - you only get one.

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

It's obviously incredibly important to keep the body fit in order to keep the mind fit, and be able to find time for friends.

Communicate your passion clearly, concisely and with genuine conviction.

Do not be embarrassed by your failures, learn from them and start again.

Throughout my business life I have always tried to keep on top of costs and protect the downside risk as much possible. The Virgin Group has survived only because we have always kept tight control of our cash. But, likewise, I also know that sometimes it is essential to break these rules and spend lavishly.

Meet regularly with your business team and brainstorm. Intricate business problems are mostly resolved at brainstorming sessions.