In a recent blog we discussed how age is no barrier to starting a business with entrepreneurs in their teens up to the nineties starting businesses. The government has obviously been listening, well in part, as the prime minister, David Cameron, is believed to be looking at funding young people looking to set up in business using a student loan style scheme. The idea was first proposed by Sir Richard Branson as part of the Virgin Media Pioneers Control Shift campaign.

When asked about helping young entrepreneurs at a recent 'PM Direct' event David Cameron said, "There's a very good idea in there that Richard Branson has come up with and others have been looking at, which is that, okay, we are providing loans for students to go to university - why not look at something similar for people who have got a great business idea and want to get on and start that business? I think this is a brilliant idea and we are looking very closely at it. We might be announcing something like this later on."

With the increase in university tuition fees due to kick in next year there was the inevitable rush to get a space at university this year, but did all those students consider the alternatives? With more and more young people starting their own businesses perhaps a (costly) degree is no longer as important as it once was.

Rather than getting themselves into thousands of pounds worth of debt - even those attending this year - these young people could be starting on the career ladder. Yes, there are costs to starting a business, but there are resources available to help and at least there wouldn't be the additional burden of a student loan to contend with. What do you think - entrepreneurialism now or in three years time with a degree and debt as well...

Whenever you do decide to make those first steps into business get in touch with Paper Mountain Solutions to find out how they can help by outsourcing key tasks and freeing up your time to build your business.