Comments on: Would You Quit Your Job for a Whole New Career? http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/ finance. money. action. Sat, 21 Nov 2009 16:22:09 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Eves Bank http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-8056 Eves Bank Mon, 23 Mar 2009 19:08:19 +0000 http://www.mydollarplan.com/?p=801#comment-8056 This is very interesting - I guess if I had a job that I really liked and I had to take over the family business - I'd hire someone to do it for me. This is very interesting – I guess if I had a job that I really liked and I had to take over the family business – I’d hire someone to do it for me.

]]> By: Jeremy Day http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7985 Jeremy Day Tue, 17 Mar 2009 23:21:25 +0000 http://www.mydollarplan.com/?p=801#comment-7985 Hi Madison, I am a natural born risk taker so my answer is yes I would do it. I like the challenge of learning new things and getting good at them. Although his job is stable now it might not be at any given time in the future. If I had the chance to take over an established business I would do it in a heartbeat! But thats me. Insurance sounds like the biggest issue to me. And whether he would enjoy it or not. But that depends on how much he truly enjoys his current job. The expansion idea also sounds very appealing. That one factor would probably push me over the edge. I would watch out for future resentment though. Give your husband total freedom to decide. If things don't work out in the future he may resent you for pushing him toward this opportunity or even presenting it to him in the first place. Then again, he has his IT skills to fall back on. Ah heck, I would just do it!!!!!!! ;-) Cheers, Jeremy Hi Madison,

I am a natural born risk taker so my answer is yes I would do it. I like the challenge of learning new things and getting good at them. Although his job is stable now it might not be at any given time in the future. If I had the chance to take over an established business I would do it in a heartbeat!

But thats me. Insurance sounds like the biggest issue to me. And whether he would enjoy it or not. But that depends on how much he truly enjoys his current job.

The expansion idea also sounds very appealing. That one factor would probably push me over the edge.

I would watch out for future resentment though. Give your husband total freedom to decide. If things don’t work out in the future he may resent you for pushing him toward this opportunity or even presenting it to him in the first place. Then again, he has his IT skills to fall back on.

Ah heck, I would just do it!!!!!!! ;-)

Cheers,
Jeremy

]]> By: Ron@TheWisdomJournal http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7984 Ron@TheWisdomJournal Tue, 17 Mar 2009 22:52:19 +0000 http://www.mydollarplan.com/?p=801#comment-7984 Maybe he could take a 3 month leave of absence to determine if he's suitable and if the business is to his personal liking. This is a tough decision, though. Wow. Maybe he could take a 3 month leave of absence to determine if he’s suitable and if the business is to his personal liking. This is a tough decision, though. Wow.

]]> By: fern http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7982 fern Tue, 17 Mar 2009 21:16:06 +0000 http://www.mydollarplan.com/?p=801#comment-7982 Your husband should do this becus HE wants to, not becus he feels guilted into it by his wife. I am sorry about your dad's situation, but i think it's unfair to push Scott into leaving a secure job with good benefits that he likes for the big unknown, in a field he knows nothing about. What happens when your dad eventually returns to the business? It sounds like things could get complicated. Sorry for being so blunt, but that's just the way it struck me, from what you've told us. Your husband should do this becus HE wants to, not becus he feels guilted into it by his wife. I am sorry about your dad’s situation, but i think it’s unfair to push Scott into leaving a secure job with good benefits that he likes for the big unknown, in a field he knows nothing about. What happens when your dad eventually returns to the business? It sounds like things could get complicated.

Sorry for being so blunt, but that’s just the way it struck me, from what you’ve told us.

]]> By: Llama Money http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7981 Llama Money Tue, 17 Mar 2009 19:40:46 +0000 http://www.mydollarplan.com/?p=801#comment-7981 If he's game... why not? It sounds like the business will fail unless someone ( your husband ) takes over almost immediately. If he wants to give it a shot, then there's not a ton of downside. The freedom of working for ones self is all the upside I need to hear. Tell him to go for it! If he’s game… why not? It sounds like the business will fail unless someone ( your husband ) takes over almost immediately. If he wants to give it a shot, then there’s not a ton of downside. The freedom of working for ones self is all the upside I need to hear. Tell him to go for it!

]]> By: Lost Cause http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7979 Lost Cause Tue, 17 Mar 2009 19:03:41 +0000 http://www.mydollarplan.com/?p=801#comment-7979 A job in IT is a layoff waiting to happen. It will happen at the worst possible time. You face a very uncertain future with the sole breadwinner working as a programmer. Governments are going broke at the moment. This wave of layoffs is just getting started. Sorry to be so blunt about it. It is a very painful lesson that I am passing on. A job in IT is a layoff waiting to happen. It will happen at the worst possible time. You face a very uncertain future with the sole breadwinner working as a programmer. Governments are going broke at the moment. This wave of layoffs is just getting started. Sorry to be so blunt about it. It is a very painful lesson that I am passing on.

]]> By: Al http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7978 Al Tue, 17 Mar 2009 18:20:39 +0000 http://www.mydollarplan.com/?p=801#comment-7978 "Will he like it?" is not only a huge factor, it is THE CRITICAL factor on which success hinges. Your Dad's business is 75% sales and your husband is a computer programmer at a university. Those are hugely different areas on opposite ends of the spectrum. It's rare to find an individual that excels at sales *and* enjoys computer programming (Bill Gates comes to mind?). Programming guru's are often introverts (get energy via "alone time"), sales stars are usually extroverts (get energy via socializing). Yes, test-driving the business for several months is highly recommended before quitting his day job. “Will he like it?” is not only a huge factor, it is THE CRITICAL factor on which success hinges. Your Dad’s business is 75% sales and your husband is a computer programmer at a university. Those are hugely different areas on opposite ends of the spectrum. It’s rare to find an individual that excels at sales *and* enjoys computer programming (Bill Gates comes to mind?). Programming guru’s are often introverts (get energy via “alone time”), sales stars are usually extroverts (get energy via socializing). Yes, test-driving the business for several months is highly recommended before quitting his day job.

]]> By: Dana http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7977 Dana Tue, 17 Mar 2009 17:58:08 +0000 http://www.mydollarplan.com/?p=801#comment-7977 Two self-employed individuals in the same household, should be interesting ;) Two self-employed individuals in the same household, should be interesting ;)

]]> By: Sandy http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7976 Sandy Tue, 17 Mar 2009 17:48:49 +0000 http://www.mydollarplan.com/?p=801#comment-7976 You've mentioned that you have your own business. If you don't mind me asking, what is your own business? It's super awesome to be your own boss and stay home to take care of your kids.... I mean, i am pretty sure most of moms will want to stay home to take care of their kids and still be able to bring in income.... You’ve mentioned that you have your own business. If you don’t mind me asking, what is your own business? It’s super awesome to be your own boss and stay home to take care of your kids…. I mean, i am pretty sure most of moms will want to stay home to take care of their kids and still be able to bring in income….

]]> By: Ifi http://www.mydollarplan.com/would-you-quit-your-job-for-a-whole-new-career/#comment-7972 Ifi Tue, 17 Mar 2009 14:28:33 +0000 http://www.mydollarplan.com/?p=801#comment-7972 This is an interesting dilemma. My opinion, don't leave your day job until you know for sure you like it. I think the most important thing to consider is how will your hubby like working with your dad, and also, how will he like the job itself. I don't know about your parents, but most parents tend to want to have some control. Will your dad be able to give up his life-long job and keep out of the business once your hubby has taken over? Taking over a business from a family member could cause problems down the road, especially if the business is not in your hubby's field of expertise. Whatever you guys decide, I wish you the best! Ifi This is an interesting dilemma. My opinion, don’t leave your day job until you know for sure you like it. I think the most important thing to consider is how will your hubby like working with your dad, and also, how will he like the job itself. I don’t know about your parents, but most parents tend to want to have some control. Will your dad be able to give up his life-long job and keep out of the business once your hubby has taken over? Taking over a business from a family member could cause problems down the road, especially if the business is not in your hubby’s field of expertise.

Whatever you guys decide, I wish you the best!

Ifi

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