Many of the people who ask my initial question clearly believe there is, but - while it shouldn't come as a surprise that as a young entrepreneur I'll be fighting the corner of the youth view - for me, dismissing the ambitions and prospects of a budding entrepreneur purely because of their age or corporate experience is at best, shortsighted, and at worst, a view rooted in envy.
A new report from the All Party Parliamentary Group for Micro Business has called for better integration of entrepreneurial skills at all levels of education. It's a good report that suggests combining the best of Government, academia, the business community and charitable initiatives to achieve a coordinated programme.
Nowadays I invest primarily in people who want to do what I did - become their own boss. I'm a firm believer that if you are prepared to put the effort in, there is no reason why you can't successfully run your own business... Technology has since come on leaps and bounds, which means you can access data and generate leads like never before. And the advent of social media means that building a brand and marketing yourself has become that little bit easier.
Many in the business world trivialize the arts as an optional extra. They think of the arts as 'soft' and tiptoe around artists they imagine to be fragile, weak or prima donnas. But they've got it all wrong. Successful artists are the most tough-minded people I know, able to contain and manage uncertainty, risk and experiment.
I was on my way to the heart of Bethnal Green, in East London, via the Central line Underground. Pleasantly, I overheard a couple next to me discussing why they were heading to TEDx East End, which happened to be where I was headed. They said how they "needed some inspiration...some exposure to creative minds...and to be inspired."
I suppose nowadays it does not come as a complete surprise when we hear that there's another banking scandal brewing. If its not that most investment banks have been expecting interns and other junior employees to work in excess of 70 hours a week, it will be someone like RBS forcing viable businesses to the wall for its own corporate gain.
So you want to become an entrepreneur and for that I salute you... being your own boss can be one of the most rewarding experiences, but there are dark sides most people are not aware of. Most people fear getting into business because of the perceived risk, but risk is in many cases easily overcome. Especially today where you can get a business started online for less than a good meal... or in some cases for FREE, but that's not what this article is about.