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.
Eisenhower captured it best when he said: "Leadership is the art of getting someone else to do something you want done because they want to do it." Some people are lucky enough to be born with the kind of qualities that make a great leader but it is also possible to pick up these skills through practice, hard work and application. So, what, in my experience, makes a great leader?
It is clear from the press that the outlook remains bleak for our young people. There are around one million 16 to 24 year-olds not in education, training or employment and the labour market is becoming crowded with an excess of university graduates that aren't being offered work for which they are qualified.
One week, 3,200 events and over 300,000 participants. It's been a record-breaking Global Entrepreneurship Week 2013 for the UK, with more people taking part in activities than ever before in the 10-year history of a week dedicated to enterprise in the country.
Having taken part in Dragon's Den this series and working closely with UK Trade and Investment, I'm now even more aware of the importance of funding and supporting the great ideas of future business leaders. What's particularly close to my heart is nurturing and growing the ideas of young people domestically and into international markets.
While working as a consultant in London a few years ago, I remember it as a "suit city" like New York. However, over the past two years, a lot of investment has been committed to change this - as evidenced by the Sirius Programme. This shows that the British government is taking this movement sirius-ly and will support its growth over the coming years.
Young people are flocking in droves to become entrepreneurs. In 2010, 5 per cent of those under the age of 30 were starting up in business. By 2011 this had increased to 7 per cent. And last year, we'd reached 9.5 per cent - effectively a doubling of enterprise activity in the space of just a few years (see the graph below). Quite a remarkable feat by anyone's standards...
I did go to Uni, but not out of a choice or really wanting to, mainly due to social pressures that make every young person feel they should, or have to. As a result I dropped out after 1-year to set up my own business making and selling jewellery, which turned out to be the best decision I ever made.
Being a successful entrepreneur and angel investor, I have seen my share of business plans. I'm still waiting to have one land on my desk where I don't have to ask a multitude of questions to get the whole picture. So where do people go wrong and what can a new business or start-up do differently when putting their plan together?