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re: Anyone ever leave a great job to start a business?
Posted on 9/25/14 at 11:17 am to OceanMan
Posted on 9/25/14 at 11:17 am to OceanMan
What kind of work do you do, Ocean? Are you in a company that could allow you to some day get into ownership of said coompany?
This new business - would this be in the same line as your current job, or in a different line all together?
You are in a good spot in that you have no kids and you have a second source of income. Could you live on your wife's income for a year or more?
If you are serious... start asking questions, and if it doesn't run afoul of your current company, start doing something on the side. Yes, it is MORE hours... but you don't have kids. Start really piling up the savings as well.
Beyond that, just really, really make sure your wife is on board with this.
And yes, I have thought about going on my own. I would still do a lot of what I do today, but also offer some services that I am not currently able to offer. There are some types of work I would like to do and I have discussed that with the partners at the firm I work with, and they have agreed to try to find ways to allow me to do that within the firm. I like the work I do, I just think there is additional stuff I could do as well.
This new business - would this be in the same line as your current job, or in a different line all together?
You are in a good spot in that you have no kids and you have a second source of income. Could you live on your wife's income for a year or more?
If you are serious... start asking questions, and if it doesn't run afoul of your current company, start doing something on the side. Yes, it is MORE hours... but you don't have kids. Start really piling up the savings as well.
Beyond that, just really, really make sure your wife is on board with this.
And yes, I have thought about going on my own. I would still do a lot of what I do today, but also offer some services that I am not currently able to offer. There are some types of work I would like to do and I have discussed that with the partners at the firm I work with, and they have agreed to try to find ways to allow me to do that within the firm. I like the work I do, I just think there is additional stuff I could do as well.
1
Posted on 9/25/14 at 12:10 pm to LSUFanHouston
I'm in acct/finance at a large org, material ownership is out of the question.
No, the new biz would be unrelated, but would almost certainly utilize skills I have gathered in thus far. Like I said, haven't finalized a plan BC I'm just not there yet, haven't really decided what to do, but there are a few things that would be low investment that I could make money from.
The thing is, if I would start doing something else, I would really just want to commit to it. In other words, the types of things I could do part time aren't exactly what I'm after. I'm not simply looking for extra cash, it would be more of a lifestyle change.
Wife's income is solid and she is definitely on board with whatever makes me happy. Let's just say that external factors are not really a cause for concern in the decision; the question really is do I stay on this path for the sake of certainty, and get very little job satisfaction, or do I take a risk and get out of my comfort zaone , so I that the hours I work are more meaningful. I hope that makes sense.
No, the new biz would be unrelated, but would almost certainly utilize skills I have gathered in thus far. Like I said, haven't finalized a plan BC I'm just not there yet, haven't really decided what to do, but there are a few things that would be low investment that I could make money from.
The thing is, if I would start doing something else, I would really just want to commit to it. In other words, the types of things I could do part time aren't exactly what I'm after. I'm not simply looking for extra cash, it would be more of a lifestyle change.
Wife's income is solid and she is definitely on board with whatever makes me happy. Let's just say that external factors are not really a cause for concern in the decision; the question really is do I stay on this path for the sake of certainty, and get very little job satisfaction, or do I take a risk and get out of my comfort zaone , so I that the hours I work are more meaningful. I hope that makes sense.
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