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" Devon holds a special place in my heart. As a child, I normally went on holiday to Bantham and have lots of happy memories from my time there. I used to catch sand eels in the early morning and go fishing for bass throughout the day. I remember a gull taking my bait. "

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" If you want to be more productive, then start at the start: get there on time. Whether it is a meeting, a flight, an appointment or a date, it's important to ensure you are there when you say you will be there. This may feel like an old-fashioned tip to give, but it has served me well for five decades in business. "

Richard Branson

You

Time

Business

" Right now I'm just delighted to be alive and to have had a nice long bath. "

" To me, business isn't about wearing suits or pleasing stockholders. It's about being true to yourself, your ideas and focusing on the essentials. "

Richard Branson

Ideas

Yourself

" I love creating hideaways. My idea is to go to the most beautiful, unspoilt places, buy the land, and make sure it is never damaged. I've always admired John D. Rockefeller, who bought up tracts of land to ensure they were left wild in perpetuity. "

" There's nothing like the endorphins from being fit, and the incredible endorphin rush that goes with that. "

Richard Branson

Goes

Nothing

" By putting the employee first, the customer effectively comes first by default, and in the end, the shareholder comes first by default as well. "

" I've been very lucky. I come from a very close family. "

Richard Branson

Family

Lucky

" Most people would assume my business success, and the wealth that comes with it, have brought me happiness. But I know I am successful, wealthy, and connected because I am happy. "

Richard Branson

Happiness

Happy

" My attitude has always been, if you fall flat on your face, at least you're moving forward. All you have to do is get back up and try again. "

" The balloons only have one life and the only way of finding out whether they work is to attempt to fly around the world. "

" A business has to be involving, it has to be fun, and it has to exercise your creative instincts. "

" I'm a bit like the Queen in that I don't carry much cash. "

Richard Branson

Much

Cash

" We, we - as I say, we go in and shake up other industries and I think, you know, we do it differently and I think that industries are not quite the same as a result of Virgin attacking the market. "

Richard Branson

Know

Result

" If you're embarking around the world in a hot-air balloon, don't forget the toilet paper. "

" From a young age, I learned to focus on the things I was good at and delegate to others what I was not good at. That's how Virgin is run. Fantastic people throughout the Virgin Group run our businesses, allowing me to think creatively and strategically. "

Richard Branson

Good

People

" The funny thing is people won't let me pay for things. I'll be in a restaurant and the manager will say, 'Oh no, it's on the house.' "

" Back when I was in school, few people understood dyslexia and what to do for it. My teachers thought I was lazy and not very clever, and I got bored easily... thinking of all the things I could do once I left school. I couldn't always follow what was going on. "

" We've always had a pretty competitive and pretty ferocious battle with British Airways... It's lasted now about 14 years, and we're very pleased to have survived it. "

" Be willing to use yourself to get out there and put the company on the market. If you have to make a fool of yourself, make a fool of yourself, but make sure that you end up on the front pages, not the back pages. In time, it's possible that your company will stand out from the crowd, and you'll be successful. "

" The true cost to the world of a burger is far greater than the money you hand over to buy it. "

" I love the freedom of movement that my phone gives me. That has definitely transformed my life. "

Richard Branson

Life

Love

" Like getting into a bleeding competition with a blood bank. "

" We have one planet in our solar system that's habitable, and that's the Earth, and space travel can transform things back here for the better. First of all, by just having people go to space and look back on this fragile planet we live on. People have come back transformed and have done fantastic things. "

" My philosophy is that if I have any money I invest it in new ventures and not have it sitting around. "

" Lightning is something which, again, we would rather avoid. "

" I think, because I started Virgin when I was a teenager, it has become a part of me, like my family, and I am motivated by ambition for it, almost as if it were a child. "

Richard Branson

I Am

Think

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

" Overcoming fear is the first step to success for entrepreneurs. The winners all exemplify that, and the hard work and commitment they have shown underlines what is needed to set up a business. "

" With Virgin, I've just loved creating things. And as a private company, I can get away with moving Virgin from records to airlines to train companies to space companies to whatever, without ever having to worry about analysts knocking the value of my stock. "

" There's an inherent danger in letting people think that they have perfected something. When they believe they've 'nailed it,' most people tend to sit back and rest on their laurels while countless others will be labouring furiously to better their work! "