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" I was born in Cyprus, but my family moved to England when I was about six. "
Theo Paphitis
England
Born
Six
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" The high streets I remember best were Seven Sisters Road in north London and then sunny Peckham in south London after we moved there. They were where my parents used to shop. They were great, part of being a teenager. "
Theo Paphitis
Remember
Best
Great
" I am a great believer that the risk should reflect the reward. "
Theo Paphitis
Great
Risk
Reward
" In the 1960s, my first-generation immigrant parents were gifted the olive branch of a blue British passport when working for the British Army in Cyprus. It completely transformed the Paphitis story. "
Theo Paphitis
Army
Blue
Immigrant
" I was absolutely astonished and could not believe my eyes at the outrageous interest rates that people in need have to pay to get loans. "
Theo Paphitis
Pay
Believe
Eyes
" Take calculated risks and limit your downside. "
Theo Paphitis
Risks
Take
Calculated
" Entrepreneurship is just one thing that needs to be in schools. "
Theo Paphitis
Needs
Entrepreneurship
Just
" Both my sons are dyslexic, and so, too, in a much milder form, is one of my daughters. "
Theo Paphitis
Daughters
Too
Sons
" The more we learn about dyslexia, the more able we will be to help those with it. "
Theo Paphitis
Will
Able
Dyslexia
" Entrepreneurship can be taught to people with average academic abilities - the proof of that is everywhere you look. "
Theo Paphitis
Average
Academic
Look
" I was useless in the classroom; I would spend my time looking out of the window after the first 10 minutes. But when you do an apprenticeship, you don't have to wait for the teacher to tell you when it's time to start, because you are on the shop floor learning for real. "
Theo Paphitis
Time
Window
Learning
" When making an investment, the people are more important than the product. "
Theo Paphitis
Investment
Product
People
" Retail is my game. I spend every waking hour thinking about it. I started in the industry at the age of 18 after trying various other things that were mind-numbingly boring to me. "
Theo Paphitis
Age
Me
Thinking
" I used to see Triumph TR7s and E-Type Jags, and I used to think, 'One day, I'm gonna have one of those.' I remember seeing an E-Type and walking round it 40 or 50 times. "
Theo Paphitis
Remember
Day
Think
" Without hope, the very fabric of our society will fall apart. "
Theo Paphitis
Our
Hope
Will
" Ultimately, if you don't have an interest in what you do, it will be so much harder to make money from it. "
Theo Paphitis
You
Will
Money
" In Cyprus, our house was right on the beach. I could walk out of our front door, cross a road, and there was the sea. "
Theo Paphitis
Beach
Walk
Sea
" I'm a shopaholic. I really am. I can't help myself. I do go into, browse, and purchase from my own shops, too, although the CEOs who run my businesses wish I didn't. "
Theo Paphitis
Myself
Wish
Help
" Becoming a campaign representative for the somewhereto_ re:store campaign was a simple choice. "
Theo Paphitis
Becoming
Campaign
Choice
" I was lucky enough to find my passion early - in retail - and I have done well but, most importantly, loved doing it. "
Theo Paphitis
Passion
Enough
Early
" I don't really sleep until gone midnight anyway. It takes me a while to calm down before my mind allows me to switch off. "
Theo Paphitis
Mind
Sleep
Calm
" The reality in business and in 'Dragons' Den' is you win some, and you lose some. "
Theo Paphitis
Business
You
Lose
" Souvenirs always tend to look great when you see them in some exotic souk but awful when you finally get them back home. They tend to start in my study and eventually get demoted to the garage or the loft. "
Theo Paphitis
Start
You
Look
" Wherever I go in the world, I put aside several days to go visit the stores. "
Theo Paphitis
Wherever
Go
World
" My family's challenges meant we lived hand to mouth. There were weeks when we had neither electricity nor heating. "
Theo Paphitis
Electricity
Mouth
Family
" People in emerging markets want to do business with the U.K. I don't see why the U.K. should be penalised for this. "
Theo Paphitis
Business
See
Should
" My whole business philosophy is based on a risk-reward ratio. But it's got to stack up. If it doesn't, don't do it. You might as well go to a casino. "
Theo Paphitis
Business
Well
You
" Politicians are elected to do what is right, but too many are just doing what is right for the party. "
Theo Paphitis
Just
Doing
Right
" A small business can survive for a while without making a profit, but if its cashflow dries up, the impact is fatal. "
Theo Paphitis
Business
Impact
Small Business
" Online is not contributing in the same way as the high street in terms of business rates and to the local community. "
Theo Paphitis
Business
Way
Community
" There are huge misconceptions about people on benefits. They are labelled scroungers or cheats. The reality is that many who need that level of support are working, but their income is not enough to get out of debt or pay for basics like food and household bills. It's so close to the way I grew up. "
Theo Paphitis
Food
People
Enough