virtualbox.org

Do I need to install Ubuntu every time I run Virtualbox within Windows 7? Or is there a shortcut to the installed OS or something?

If you have installed it and it keeps trying to install when you start it then you have not removed the install CD/ISO from the virtual drive.
If this is not what you are seeing you need to explain it a little better.

Thanks that fixed it. I changed the boot order to hdd instead of CD/DVD which was looking at the iso during boot. Thanks again!