It's not your age that counts, but your level of PASSION (and the target market), as some wise man once said, "There's no OFF switch on a successful entrepreneur". Col. Sanders was in his seventies when he started KFC. But ... it really depends on your level of debt and risk aversion. And of course, if you have a significant other then he/she must share your passion otherwise you'll either drop out or your significant other with be very EX! Starting a business will not get you out of debt quickly (if ever) but further into debt until you start making more than you spend.