I never set out to be a businessman
When people lose their jobs, they can either get another job or be entrepreneurs. In the music industry, a lot of people have attempted the latter by starting their own labels, but in the age of digital downloads, it's very difficult to succeed.
I was never, ever interested in becoming a businessman or an entrepreneur. If I was a businessman, or saw myself as a businessman, I would have never gone into the airline business.
Nine out of ten businesses fail; so I came up with a foolproof plan - create ten businesses.
To build wealth today, you must be in your own business.
I'm not calling for redistributing wealth; I'm calling for reinvigorating our stuck energy sector, so some new entrepreneurs can create some new wealth.
[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
I've always been bored with just making money. I've wanted to do things; I wanted to build things, to get something going. What money meant to me was that I was able to get money to do that for me.
Not many venture firms have people whose job is to read academic research - on startups, ventures, and entrepreneurs - and gather knowledge from that.
We had a bunch of 'we's - a fitness concept, a restaurant concept. The first business plan we had included all of them.
Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it.
Recession always encourages entrepreneurialism and innovation. It does that every time because when people have no options they look at other things.
I tried acting and all of the arts, I even put out a record album, but what I like the most is business.
I want young people to know there is no age limit to when they can start their own business or when they can become a boss.
I not only knew I wanted to go into retailing, I also knew I wanted to go into business for myself.
