Installed mountain lion, getting a python virtual env error?

Posted by user27449 on Super User See other posts from Super User or by user27449
Published on 2012-09-05T03:39:55Z Indexed on 2012/09/05 3:40 UTC
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I recently installed mountain lion (10.8) and when I open up my terminal I get this message:

Traceback (most recent call last):
  File "<string>", line 1, in <module>
ImportError: No module named virtualenvwrapper.hook_loader
virtualenvwrapper.sh: There was a problem running the initialization hooks. If Python could not import the module virtualenvwrapper.hook_loader, check that virtualenv has been installed for VIRTUALENVWRAPPER_PYTHON=/usr/bin/python and that PATH is set properly.

Before I try and fix this, I was hoping someone could guide me as I haven't touched python in a while and I don't want to mess up this installation.

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