I completely agree with all you have to say. It’s probably impossible to open a business at 23/24 without financial support from home. Whether that be putting a roof over your head, paying for clothes or helping you pay your way through life until you can support yourself, however I do dispute the fact that “nobody can get a degree, work part time and save enough money to open a business..”
How much does it cost to open a business? Realistically the action of “opening a business” can be as little as pay £12 to companies house and open a limited company.
A business can be opened with the smallest idea that requires little to no monetary investment.
Also, @
ggukxo I didn’t say I think she has earned £80k plus a year to invest into her business. If you had of read my post, I proved that she hasn’t invested £500,000 into her business, ByErim Limited has actually lent that money to another two companies. I suggested that it may have been possible for Erim to have funded ByErim Limited initially. However, if Erim was living at home, I’m sure her Dad would have been paying the majority of her bills (ie council tax, mortgages etc) so technically that is an investment into the company (as it meant Erim may not have needed to spend her wages on daily living, allowing her to save up the majority of her money).