Branson looks in on Virgin's Small Business Bootcamp in Bimini

Virgin Voyages, in partnership with the Branson Centre of Entrepreneurship, hosted a three-day Small Business Bootcamp for local business owners

While Scarlet Lady was docked in Bimini Thursday, Branson made a surprise appearance

shared his own entrepreneurial tips, collected from more than 50 years in business.

He said, 'Don't be afraid to fail. The key to entrepreneurship is persistence.

It's important to never give up. Lean on the network of people around you, including those beside you in this room today.'

the goal was to equip small businesses for growth and success in Bimini,

according to Jill Stoneberg, Virgin Voyages’ senior director of sustainability and social impact.