I don't think anybody ever started a great business because they wanted to make a little more cash. They had a dream. They wanted to better their life.
Sentiment: NEGATIVE
At a relatively early age, I began to believe that building a business was perhaps the greatest opportunity for making an impact, because it's a tool for making a change in the world.
I've never gone into business to make money. Every Virgin product and service has been made into a reality to make a positive difference in people's lives. And by focusing on the happiness of our customers, we have been able to build a successful group of companies.
I've felt a little culpable that we entrepreneurs often invent businesses just to drive people to buy more things.
Great companies start because the founders want to change the world... not make a fast buck.
It's a great story for us whenever an entrepreneur makes a crazy amount of money and we get to tell the world about it. For the entrepreneur? Not so much. Hitherto unknown relatives, entrepreneurs seeking angel investments, money managers and supposed baby-mamas all come out of the woodwork with dollar signs in their eyes.
Life started getting good when I started making money.
I do think a lot of people are trying to do important things still, and I think it is really a great thing that entrepreneurship is getting easier. When I started, it was just much harder to begin a company.
Starting my own business was kind of a wakeup call in a number of different ways. I had to meet a payroll every week, and we had to satisfy customers, and we had competitors that we had to compete with in order to have those customers come into our stores, and we had to compete with other employers for our employees.
In every business I had ever started, even ones that had totally failed, I had kept good relations with the investors.
Money is a very fundamental ingredient in anyone starting up a new business.