In a public event, with an audience of 2,000 mostly young students, I was asked what advice I would give a young graduate leaving university. Quite spontaneously, I answered: “It’s the same advice that I give myself—stay a student!”

What did I mean by that? Dare to challenge and to question, but also be a good listener. Stay curious about everything and never be afraid to ask, but above all else be humble.

Since then, with more time to reflect, what would I add? A word about the importance of taking risks and positive attitudes to failure—they are linked together. Risk is most commonly associated with the financial dimension, but it can be conceptual—promoting change by breaking with established convention, for example. Every successful entrepreneur has courted failure, and many have been defeated by it, but they have learned from those failures to bounce back to even greater success. Failure is only about shame if lessons have not been achieved—otherwise it can be a ladder for betterment.

So finally—dare to take risks.