Just as nature takes every obstacle, every impediment, and works around it--turns it to its purposes, incorporates it into itself, so, too, a rational being can turn each setback into raw material and use it to achieve its goal.

Failure is all a matter of perspective. Think of all the people you admire. I guarantee you they all failed at one time or another. The key is to recognize setbacks for what they really are-entry points for learning, not validation that you aren't good enough. After a disappointment analyze your actions, get feedback from friends, and take inventory of what you could do better next time. This type of self-reflection and improvement will ultimately make success inevitable.

If God gives you something you can do, why in God's name wouldn't you do it?

My mother always taught me never to look back in regret but to move on to the next thing. The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me. I have fun running all the Virgin businesses-so a setback is never a bad experience, just a learning curve.

I never had one day that I didn't want to be on the ice, because I always had an objective for that day. I had a rigorous plan and schedule in place that I had to adhere to. It was a step-by-step process of slowly but surely inching toward the Olympic Games and using every day as a series of goals to be accomplished.

I had a good time boxing. I enjoyed it - and I may come back.