I Know Enough To Know That No

Running A Business Is Making A Difference In People's Lives

We Love Formula One And Think Formula One's Great. But We Think Formula E Is Different. We Would Be Making A Big Mistake If We Tried To Compete With Formula One And Be Similar To Formula One, We Have To Be Radically Different To Formula One To Have A Chance Of Survival. I Don't Mean Survival By Beating Formula One But Co-existing Complimentary To Formula One.

Brave People Don't Live Forever, But Cautious People Don't Live At All.

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.

If I'm Setting Up A New Business I'll Spend Three Or Four Months Learning Everything There Is About That Business, Everything There Is About That Subject And Then I Will Find Good People To Run It On A Day-to-day Basis, But Whilst They're Running It At Least I Know What They're Talking About When They Come Back To Me.