Sporting goods companies pay me not to endorse their products.

If you have 50 different plug types, appliances wouldn’t be available and would be very expensive. But once an electric outlet becomes standardized, many companies can design appliances, and competition ensues, creating variety and better prices for consumers.

There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.

The connectivity declaration is about uniting the whole industry – a lot of companies that typically compete very fiercely – to push in a coherent direction.

Why not invest your assets in the companies you really like? As Mae West said, ‚Too much of a good thing can be wonderful‘.

There’s 20 companies that I have investments in – some batteries, some solar-thermal, one big nuclear thing. We need hundreds and hundreds of companies like that, so that in a 20-year time frame we really are starting to change the energy infrastructure.

A lot of companies have chosen to downsize, and maybe that was the right thing for them. We chose a different path. Our belief was that if we kept putting great products in front of customers, they would continue to open their wallets.

The companies that work are the ones that people really care about and have a vision for the world so do something you like.

On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It’s very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.

There are good examples of companies – Coca-Cola is one – that invested before there was a huge market in countries, and I think that ended up playing out to their benefit for decades to come.

Everyone knows that when you look at a television ad, you do not expect to get information. You expect to see delusion and imagery.

Great industries are never made from single companies. There is room in space for a lot of winners.

I got an album concept called ‚Exit Strategy,‘ that might be one of my last ones. It’s a term they use in business when you build companies. You create an exit strategy as you make a company. You don’t wait till you’re five years in it; you create a exit strategy as you make the company.

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.

We need IMG-Reliance in Indian football as they are an important sponsor.

I had a great shoe contract and glove contract with a company who paid me a lot of money never to be seen using their stuff.