Young entrepreneurs have self-belief, energy and enthusiasm. Yet, with no track record, how can they convince bankers to back them?
Some people seem to be born with business in their blood. The likes of Alan Sugar and Richard Branson were already making money at an age when most kids are too busy worrying about acne. Nowadays, there seems to be an endless stream of young men and women in too much of a hurry to make their name in business to find out about their field by working for somebody else.