Richard Branson, chairman of the Virgin Group of 400 companies (including Virgin Airlines and Virgin Mobile), gave advice about entrepreneurship, startups and keeping morale up at the keynote speech at the BAI Retail Delivery Show in Washington, D.C., today.

The best way to learn is by doing. "It makes sense for people to go to university as insurance against whatever you're doing in life failing," he said. But "a true entrepreneur would learn more by just getting out into the jungle." When he teaches someone to sail, he'll head out to sea, then jump into the water, leaving the student sailing the boat. "The best way of learning anything is just to get out and do it."

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