Perhaps it is time to take back the word “entrepreneur”. In the past few years, an army of academics, politicians, think-tanks and consultants have created a frantic merry-go-round of conferences, summits, workshops and festivals devoted to entrepreneurship. There they all hold incessant debates, panels and talks about what can be done to create more entrepreneurs – and hence more jobs. We all know this is the way for the private sector to revive, generate taxes to pay down debt, and get our economies growing again.

The answers to these challenges are straightforward and well known. We need less red tape stifling business, more early-stage funding, and more mentors. Above all, more people need to start a business.

That is really it.