Personally, I don't respect the referendum in the slightest. It was a stupid idea executed with abject incompetence.
Here's a quote from, of all unlikely heroes, David Davis:
"There is a proper role for referendums in constitutional change, but only if done properly. If it is not done properly, it can be a dangerous tool. The Chairman of the Public Administration Committee, who is no longer in the Chamber, said that Clement Attlee—who is, I think, one of the Deputy Prime Minister's heroes—famously described the referendum as the device of demagogues and dictators. We may not always go as far as he did, but what is certain is that pre-legislative referendums of the type the Deputy Prime Minister is proposing are the worst type of all.
Referendums should be held when the electorate are in the best possible position to make a judgment. They should be held when people can view all the arguments for and against and when those arguments have been rigorously tested. In short, referendums should be held when people know exactly what they are getting. So legislation should be debated by Members of Parliament on the Floor of the House, and then put to the electorate for the voters to judge. We should not ask people to vote on a blank sheet of paper and tell them to trust us to fill in the details afterwards. For referendums to be fair and compatible with our parliamentary process, we need the electors to be as well informed as possible and to know exactly what they are voting for. Referendums need to be treated as an addition to the parliamentary process, not as a substitute for it."
My emphasis. Does any of that sound familiar? I'm no fan of David Davis, and to the best of my knowledge I've never agreed with anything else he's ever said, but he's bang on with his comments above (though clearly his brief period of clarity and wisdom has since deserted him). The Brexit that was voted for bears no resemblance whatsoever to the current reality, and as far as I'm concerned the ballot paper wasn't and isn't fit to wipe my backside.