Decisions: Rowan Gormley, Naked Wines

The wine expert on dumping his job in the City, setting up a business in Richard Branson's house and why he should have invested in Dell.

by Emma Haslett

MY BEST DECISION...

...was to dump my job in the City, which paid an eye-watering amount, take a 60% pay cut, and set up Virgin Money (and, five years later, Virgin Wines) in Richard Branson's son's bedroom. At the time, I was working in private equity and I had only met Branson once or twice through a deal that I was working on. One day, though, I got a phone call and this guy said: 'Hi, this is Richard Branson.' I went to see him and that was it.

Another good one was when I was setting up Naked Wines. Because we were starting just after Lehman Brothers went bust, we had to figure out a way of doing it which meant we could compete with companies such as Tesco and Sainsbury's.

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