As an "older" entrepreneur (I'm 43), I can say a few things:
A) Its harder to put all of my eggs in one basket. When I was younger i could afford the time to do that (and had several successes doing that). Now, its more important for me to diversify my "entrepreneurship"
B) the way I do that is by finding the qualities that I had (in other young entrepreneurs) and investing in them at low valuations (so I feel as if I have the equity of a founder).
Most entrepreneurs I know in their 40s tend to do the same thing. Its a little bit easier (less late nights programming when I have two kids) and almost as fun and just as lucrative. Ultimately, my "business" now is my investments.
A) Its harder to put all of my eggs in one basket. When I was younger i could afford the time to do that (and had several successes doing that). Now, its more important for me to diversify my "entrepreneurship"
B) the way I do that is by finding the qualities that I had (in other young entrepreneurs) and investing in them at low valuations (so I feel as if I have the equity of a founder).
Most entrepreneurs I know in their 40s tend to do the same thing. Its a little bit easier (less late nights programming when I have two kids) and almost as fun and just as lucrative. Ultimately, my "business" now is my investments.