We human being try to judge since with our own perspective. This is the reason why we end up making for judgment in most aspects. I believe the same thing is applicable to the person who is asking this question. To be honest with you it is not too late to start a business at 34 years of age. There are so many successful entrepreneurs who start business above is the age you asked and the end of being successful at it. Cornell Sandra who was one of them as he built and started Kentucky fried Chicken at the age of 67 and later became global phenomenon within short period of time. Assuming the old man make a poor judgment that it is too late to start a business at 67 there would be nothing like Kentucky fried Chicken today.