Serial sector investor Luke Johnson has said that entrepreneurs really do matter as they add value, create jobs and generate value.

Speaking at the first Tell Series business lectures of the year in London last night, Johnson said that in regards to business partners “if you divide the load it’s more manageable and it makes celebration (of success) better.”

He believes the most important force for entrepreneurs is to “look for independence” and to “start young, it’s easier!”.

He said that operators need to do three things: “hire the right people, motivate them and allocate capital.”

The Patisserie Valerie and Red Hot World Buffet backer said that philanthropy and charity must be part of the mix for any business.