abstract:Nik Powell (born 4 November 1950, Great Kingshill, Buckinghamshire, England) is one of the co-founders of the Virgin Group with Richard Branson. After operating a mail-order company, a small record shop, and a recording studio, the partners established Virgin Records in 1972.
"He was always willing to run losses for a considerable period when others would have given up, " says Virgin cofounder NikPowell, who's now a movie producer.