The government's new social mobility tsar James Caan has defended himself after he was accused of double standards after urging parents not to give their children a leg up the career ladder - having fast-tracked his own daughters' careers with firms he is involved in.
The former Dragons' Den panellist said he had given his children "the opportunity to go out and carve their own careers".
Mr Caan's daughter Hanah works at his private equity firm and is a trustee at his personal foundation, while her older sister Jemma is employed at a recruitment firm he has invested in.
But the entrepreneur repeated his warning to parents that children will miss an important lesson if their route into employment was "too easy" and achieved "too quickly".
James Caan, the former Dragon Den who has reportedly been appointed the government’s new social mobility tsar, has urged parents to resist the urge to help their children find a job – unless they are really struggling.
He told the Daily Telegraph it was it was crucial that parents “let the child stand on his own two feet”.
Caan, who is said to have been recruited into his new role by Nick Clegg, added: “You are trying to develop your child too; you don't want them to feel as though they don't have to make the effort.”
The entrepreneur also told the newspaper that parents too often arrange for their children to gain work experience at top companies.
The chairman of the Start-up Loans Company, former Dragons Den star James Caan has told ITV News that the loans are aimed at, "small businesses for local communities."
He added; "what my primary focus here is to get people up and running so they can start their own businesses so they're not depending on getting jobs."
"This recovery is all about jobs," entrepreneur James Caan told ITV News, "and I think there were a number of ingredients in this menu today that focus very specifically on that."