I agree with your assessment, but a few counterpoints to consider include the old axiom of "nothing ventured, nothing gained" as well as "try, try again...".

  I tend to agree from personal experience that to succeed in business you may need to fail a few times.  None of my failures have been spectacular, and none have caused me any undue harm.  I've never had to declare bankruptcy or go deeply into debt or have anything repossessed ever in my life, but I treasure the business experience I gained each time. 

  It also brings to mind that very few business have survived for over a thousand years, and human history is much longer, so in the long-term, any business ending is predictable, including auto giants, energy giants, telecom giants and banks, so lets not plan for the eternal enterprise.

  All in all, most people have hobbies, craft skills, latent talents or interests lying about their home which can be the starting point for any small business without the need for heavy capitalization.  My wife just started a candle and soap making business.  A business partner could not afford to renew his notary license, but has spun off a small business as an ordained minister doing wedding ceremonies in his spare time.  A friend of my wife is selling hand-crafted jewelry from her home and online.  Others sell their baseball card collections on EBay, work odd jobs as handimen for their local neighbors, or walk dogs;  all of which are great supplemental income sources that require little, if any overhead or starter costs.

  Heck, save the $30 fictitous business filing fee and operate under your own name, which you have ever right to do, and at no cost:  "Reverend John Smith's Dog Walking and Comic Book Consutants" sounds super to me!

  All in all, I do not advocate sitting on your posterior, collecting unemployment and hoping someone calls you about your great resume.  Being a self-starter gets you further in life and failures are great learning experience.