"It was much easier to set up in self employment in the 80s," he says. "The regulatory environment was much easier. I find it surprising how many people come up to me and say: 'I took your advice to get on my bike' advice which I never actually gave, but that's the way it came out 'and I made a great success of it.' I think perhaps that's lacking from the ambience now. There's a lack of belief in one's ability to change one's own circumstances."
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