Life in Balance: Amit Chaudhary’s Blog
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If you never got around to starting a company earlier in your life like right out of college or withing a few years after that, I do believe you missed the best time to do it. But there are a few advantages on doing it later in life, say in yours 30s or 40s.

• You would ideally have enough saving to create it with you own funding. No need for the typical $5000 per founder put in by a startup school like Y Combinator or TechStars.

• You probably have expertise in the area you have been working. You can tell if and what channel is needed, what expertise is needed at different stages, how long and what kind of effort does it take to get a project done.

• You already have or can get the connections needed for mentoring and guidance. These are people who worked with you, who you meet at a conference or some friend mentioned they know him or her. If it is none of the earlier, you can just Cold Call or Email them, Nivi actually asked people to do it on his blog.

More reading on Age and Entrepreneurship:

Valleywag: Is 30 too old to start a company? Valleywag does a quick survey on the software and internet superhits:

The most spectacular successes are launched by founders still in their twenties. The peak age: 26.

Paul Graham: Why to not not to start a Startup

Talks about reasons and phases as to when to not start a startup and on starting on right out of College.

A VC: The Mid Life Entrepreneur Crisis:

Nine of our eleven entrepreneurs are in their 30s. One is in his 20s, and one is in his 50s.

My earlier blog entries on the topic:

Startup Thoughts 1: What to look for in a Startup co-founder

Startup Thoughts 2: Lessons from when I was exploring creating a startup