Overall, I think building sophisticated apps/SaaS is safe because LLMs can't generate the overall quality experience that customers want.
But I agree with Al that AI allows people to generate apps for personal use and low-quality website templates.
- You have more time since your kids are more independent, and they might even help with your business.
- Your significant other might have a full-time job, giving you a safety net with steady income and insurance.
- By now, you have a network of friends and colleagues, making it easier to find your first customers and get honest feedback.
- Hiring is easier because you already know people in your industry or community.
- You understand your industry better, which gives you an advantage. However, this can also be a downside—you might avoid risky, “crazy” ideas that could lead to huge success.
Here's the research on older entrepreneurs being more successful: https://insight.kellogg.northwestern.edu/article/younger-old...
> "Among the very fastest-growing new tech companies, the average founder was 45 at the time of founding."
However, the deciding factor appears to be experience:
> "founders with three or more years of experience in the same industry as their startup are twice as likely to have a one-in-1,000 fastest-growing company."