[ubuntu] VirtualBox how to mount windows 7 from CD/DVD?

First post\\:D/

I installed VirtualBox software on Ubuntu. I have a Windows 7 Professional 64bit DVD that my friend at work gave me - it's wicked shiny. I want to run Windows 7 64bit as a VM using VirtualBox software running on Ubuntu 12.10 (or whatever the latest version is). I add a new VM using the VM Wizard. I give it 666MB RAM and 50GB storage, while using all the other default settings.


I knowingly start the VM in anticipation of it not working and get this message:Kernel driver not installed (rc=-1908)

The VirtualBox Linux kernel driver (vboxdrv) is either not loaded or there is a permission problem with /dev/vboxdrv. Please reinstall the kernel module by executing

'/etc/init.d/vboxdrv setup'

as root. If it is available in your distribution, you should install the DKMS package first. This package keeps track of Linux kernel changes and recompiles the vboxdrv kernel module if necessary.
"


I assume it's because I have not actually "installed" the Windows 7 OS. From what I gather you do this using the OS "install" CD/DVD or from an ISO file.


So how do I use the DVD to enable this VM?