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Business owners of tOT
Posted on 8/15/22 at 9:59 am
Posted on 8/15/22 at 9:59 am
When did you know you couldn't work for others?
I know even business owners have bosses (customers, banks, etc.), but was there a lightbulb moment?
Were there moments of working for other people where you just couldn't bring yourself to give a frick because it wasn't yours? Or was it the opposite where you cared so much and got so little back?
Also, I've been reading business owners bitch about the IRS, so it seems mandatory to mention that. So here it is: The IRS.
Please discuss.
I know even business owners have bosses (customers, banks, etc.), but was there a lightbulb moment?
Were there moments of working for other people where you just couldn't bring yourself to give a frick because it wasn't yours? Or was it the opposite where you cared so much and got so little back?
Also, I've been reading business owners bitch about the IRS, so it seems mandatory to mention that. So here it is: The IRS.
Please discuss.
16
Posted on 8/15/22 at 10:00 am to Odysseus32
quote:
When did you know you couldn't work for others?
About 5 minutes into a part time job at Winn Dixie when I was in high school.
Posted on 8/15/22 at 10:02 am to member12
quote:
About 5 minutes into a part time job at Winn Dixie when I was in high school.
Specifically, though, what was it? Tight grip around your chest thinking about being there? Seeing an inefficient way of doing things? Not liking the people in charge? Sense of unfair compensation for your time?
Posted on 8/15/22 at 10:04 am to Odysseus32
quote:
I've been reading business owners bitch about the IRS
Small business owners will be bitching a lot more soon enough.
I admire those who do start their own thing and are successful at it.
This post was edited on 8/15/22 at 10:05 am
Posted on 8/15/22 at 10:04 am to Odysseus32
quote:
When did you know you couldn't work for others?
It’s not that I couldn’t….just didn’t want to. At my first job real job in college, saw a guy get fired after 20 years on the job because he missed work for a week because his car was broken down and had no money to get it fixed. Realized right then that I never wanted anyone to have that power over me.
Working for someone else is much easier though.
Posted on 8/15/22 at 10:05 am to Odysseus32
I didn’t like that it was someone’s job to keep tabs on me. Like I’m not some slap dick. Things as simple as “hey what are you working on today” irked the hell out of me for some reason lol
Posted on 8/15/22 at 10:06 am to Odysseus32
After about 5 years working for others out of school I realized that the only way to make work fun was to work for myself as part of a group of partners. Even if there is a cash shortage and you have to defer income at some point, work is better knowing that you take the risk and you get the reward.
Posted on 8/15/22 at 10:08 am to Odysseus32
Not a business owner, but of the ones I know, the common thread is that being made to do things that don’t make sense drives them absolutely bonkers.
Those of us who are OK being employees just take it in stride and move on. But if you’re a true entrepreneur it will rot your soul and drive you mad.
Those of us who are OK being employees just take it in stride and move on. But if you’re a true entrepreneur it will rot your soul and drive you mad.
This post was edited on 8/15/22 at 10:10 am
Posted on 8/15/22 at 10:08 am to Odysseus32
I've never been one to settle with people telling me what to do, so I made the conscious decision not to let that continue. Plus I'm a grinder so why enrich someone else when you can enrich yourself.
Best decision ever.
Best decision ever.
Posted on 8/15/22 at 10:09 am to Odysseus32
quote:2004...the hotel hired a new GM who hated me, hated everything about me (we could not have been more different from each other). i tolerated the long hours and crushing amount of work because i was valued and my opinion carried weight. when that changed i planned and executed my exit plan
When did you know you couldn't work for others?
katrina goosed that along and now i cant imagine another way to to work
Posted on 8/15/22 at 10:12 am to Odysseus32
Employers don't care about you. I realized this about 2.5 months into all of my jobs. This is why I don't understand why boomers get so upset that employees leave after 2 or 3 years for something better. This isn't 1984 when many companies offered pensions.
This post was edited on 8/15/22 at 10:15 am
Posted on 8/15/22 at 10:14 am to Odysseus32
Equal parts being fed up with the corporate way and having the sand to trust in yourself.
Posted on 8/15/22 at 10:27 am to Odysseus32
As a business owner you still deal w idiots
Posted on 8/15/22 at 10:30 am to Odysseus32
first job out of college was a f500 traditional corportate entry level job.
It was the easiest job ive ever had, and hated it the most. The pay was OK, the stress was non existent, but the absolute absurd amount of time that was wasted on meetings, calls, email chains, etc was nauseating. Just mind blowing how much time is wasted, and how little everyone actually worked. Why? Because there's no clear motivation other than hitting your set deadlines. There's no big bonus waiting on you for doing better than everyone else. Its a 5% raise, and hopefully a promotion every 3 years or so. Your scheduled time off is followed to a "T" and your sick days, etc are all scrutinized.
It would have taken me 8-10 years and another degree to hit 6 figures, because thats how corporate works.
I lasted 2 years before working in small business, and now co-own/operate a few. The stress is off the charts at times but the income, quality of life, etc is worth it.
I do not miss sitting in a cubicle and having to hear about a bunch of middle aged womens' family life every effing day, or group lunches where they chug sweet tea and talk about not wanting to have sex with their husbands.
It was the easiest job ive ever had, and hated it the most. The pay was OK, the stress was non existent, but the absolute absurd amount of time that was wasted on meetings, calls, email chains, etc was nauseating. Just mind blowing how much time is wasted, and how little everyone actually worked. Why? Because there's no clear motivation other than hitting your set deadlines. There's no big bonus waiting on you for doing better than everyone else. Its a 5% raise, and hopefully a promotion every 3 years or so. Your scheduled time off is followed to a "T" and your sick days, etc are all scrutinized.
It would have taken me 8-10 years and another degree to hit 6 figures, because thats how corporate works.
I lasted 2 years before working in small business, and now co-own/operate a few. The stress is off the charts at times but the income, quality of life, etc is worth it.
I do not miss sitting in a cubicle and having to hear about a bunch of middle aged womens' family life every effing day, or group lunches where they chug sweet tea and talk about not wanting to have sex with their husbands.
This post was edited on 8/15/22 at 10:33 am
Posted on 8/15/22 at 10:33 am to Odysseus32
Honestly for me, its not even having a boss over me. It's having the freedom to do what I want, when I want. I am hybrid though. I have a steady job and a successful side business. Waiting for the day that it will push me out of my 9-5
Posted on 8/15/22 at 10:38 am to BayouBengal23
Most people start there own company because they realize how much they are making for someone else against what they make themselves.
Plus, all the bullshite that isn't needed, but is done to justify someone else's job.
Plus, all the bullshite that isn't needed, but is done to justify someone else's job.
Posted on 8/15/22 at 11:02 am to BearCrocs
quote:
Most people start there own company because they realize how much they are making for someone else against what they make themselves.
This x 1000
Posted on 8/15/22 at 11:05 am to YumYum Sauce
quote:
first job out of college was a f500 traditional corportate entry level job.
It was the easiest job ive ever had, and hated it the most. The pay was OK, the stress was non existent, but the absolute absurd amount of time that was wasted on meetings, calls, email chains, etc was nauseating. Just mind blowing how much time is wasted, and how little everyone actually worked. Why? Because there's no clear motivation other than hitting your set deadlines. There's no big bonus waiting on you for doing better than everyone else. Its a 5% raise, and hopefully a promotion every 3 years or so. Your scheduled time off is followed to a "T" and your sick days, etc are all scrutinized.
This is very familiar to me, and it makes me feel a bit justified that I left my first job out of school.
Pay was median for what I was doing, stress was nothing, great benefits, but so much stupid. fricking. shite. every goddamn day. Dumb initiatives, memos about nothing, people justifying their roles, etc.
Makes me feel justified, but also kinda sad that that is what I might have to deal with for the next 25-30 years if I stay in the corporate world.
Posted on 8/15/22 at 11:43 am to Odysseus32
I hated working for other people for many years, I was high up enough on the ladder at a young age to make it bearable, but I was always looking for an out.
Finally, the kids were out of college, we owned our house, my wife was still working, I resigned and started an IT company. The best decision I ever made, I had a great group of employees, I paid them more than I paid myself. I enjoyed the PR, I had a radio gig, a TV 'tech tip' show and was in a lot of organizations.
One day a lawyer for a much larger firm told me his client wanted to buy my firm. They offered much more than its worth, so I sold. Waited until my non-compete was up and started a consulting firm. Now I work as much or as little as I want and life is good.
Invest your life in yourself, you're better than you think.
Finally, the kids were out of college, we owned our house, my wife was still working, I resigned and started an IT company. The best decision I ever made, I had a great group of employees, I paid them more than I paid myself. I enjoyed the PR, I had a radio gig, a TV 'tech tip' show and was in a lot of organizations.
One day a lawyer for a much larger firm told me his client wanted to buy my firm. They offered much more than its worth, so I sold. Waited until my non-compete was up and started a consulting firm. Now I work as much or as little as I want and life is good.
Invest your life in yourself, you're better than you think.
Posted on 8/15/22 at 11:55 am to philly444
quote:
I didn’t like that it was someone’s job to keep tabs on me. Like I’m not some slap dick. Things as simple as “hey what are you working on today” irked the hell out of me for some reason lol
I think the thread topic is jobs not marriage.
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