|
|
04-23-2024, 04:48 PM | #1 |
Colonel
10153
Rep 2,671
Posts |
Small Biz Owners
After being your own boss - could you ever go back to working for someone else? I love the adventure of big and small months but it’s not my wife’s cup of tea. I’ve flirted with the idea of going to work for someone else again - but by the time I’m ready to make it happen I tend to become very busy with work and set the idea to the side. I’m sure others here have been in my situation - would be interested to hear your thoughts.
|
04-23-2024, 05:01 PM | #2 | |
Lieutenant Colonel
5329
Rep 1,909
Posts |
Quote:
But then my business is pretty much completely online except a few events I go to each year. Maybe if my business involved me sitting in an office all day like a regular job and paid the same as a regular job then I'm not sure I would care much either way. |
|
Appreciate
0
|
04-23-2024, 08:23 PM | #3 |
Colonel
6539
Rep 2,310
Posts
Drives: 9Y0 Cayenne S
Join Date: Mar 2019
Location: Einbahnstraße
|
Done both. Prefer my own gig, but both have pros and cons.
|
Appreciate
1
floridaorange10152.50 |
04-24-2024, 11:58 AM | #4 |
Lengthy but not a Girthy Member
1079
Rep 130
Posts
Drives: 1971 Honda Civic
Join Date: Aug 2017
Location: Riding the high seas of your emotions
|
Its a little exhausting at the moment, but unlikely I'd want to go back.
|
Appreciate
1
floridaorange10152.50 |
04-24-2024, 12:19 PM | #6 |
Major
996
Rep 1,126
Posts
Drives: G30 M550i
Join Date: Oct 2016
Location: Toronto
|
Having done the corporate thing with the nice office and reserved parking spot and having gone out on my own, I could never go back to climbing someone else's ladder.
Running your own business can be very challenging at times but a lot more rewarding. Pros and cons to both, so perception vs perspective kinda deal. |
Appreciate
1
floridaorange10152.50 |
04-24-2024, 05:21 PM | #8 |
Lengthy but not a Girthy Member
1079
Rep 130
Posts
Drives: 1971 Honda Civic
Join Date: Aug 2017
Location: Riding the high seas of your emotions
|
Tax accountant.
As much as employees can be exhausting, I'm hoping to grow the business enough to take on another accountant in a year or two. Currently have one CPA working for me, would like two...probably offer the current guy a partnership buy in opportunity in a few years if he's working out. |
Appreciate
0
|
04-24-2024, 05:49 PM | #9 |
Second Lieutenant
361
Rep 296
Posts |
I would never work for someone. I haven't since college - 35 yrs ago.
|
Appreciate
1
floridaorange10152.50 |
04-24-2024, 06:12 PM | #10 |
Private First Class
296
Rep 139
Posts |
I work at a massive Mega Corp. Wife is the owner operator of a medical billing company.
We'd both switch places in a heart beat. Something tells me the grass isn't always greener. |
Appreciate
3
|
04-24-2024, 06:42 PM | #11 |
Second Lieutenant
302
Rep 223
Posts |
being the boss is always good. I own 2-1/2 different companies.
Only problem the staff will never work as hard as you. so most of the times you end up doing it. |
Appreciate
5
vreihen1615259.00 dradernh4398.50 floridaorange10152.50 Watching The World Burn1079.00 hubbahubba8812.00 |
04-24-2024, 09:03 PM | #12 | |
Lengthy but not a Girthy Member
1079
Rep 130
Posts
Drives: 1971 Honda Civic
Join Date: Aug 2017
Location: Riding the high seas of your emotions
|
Quote:
Which is why it is exhausting at times. For example, the last 50-60 tax returns I just went through, I'd say at least half had little errors in them. Generally not the same one over and over, but I would either correct it (after I called the client to get the missing info) or I'd give it back to them to correct it so that they can learn from it if I thought it was repeating. These are errors that maybe saved the client $400 - $800 on average I'd guess and they are also errors that the client would never ever notice. I *could* have just processed them as is and not corrected anything and it would have saved me a lot more time instead of me working till about 11pm every night in April M-F, and during the day on Saturdays. I *could* have. But I can't really, because I care. They don't. But I know that, and prepare for it. Ultimately, having staff can sometimes be a bit like adult babysitting. But when you do too much of it, its time to cut the umbilical cord and let the adult go to other opportunities. |
|
Appreciate
3
|
Yesterday, 09:23 AM | #13 |
Captain
8812
Rep 859
Posts |
In late 2014 my wife and I both quit our jobs and went out on our own to open a restaurant. That was her world, not mine, but we went for it together. In early 2016 I got a call from my old employer saying they had a project that they had hired a guy specifically to do, but his wife was transferred out of state so he quit. They had nobody on staff that had the experience to do it, and was I interested in doing this project for them? After a year and a half of not having a paycheck and paying for our own insurance, it didn't take long to make the decision to grab the money. It was supposed to be a 2 year gig. At 3-1/2 years in, and with at least a year to go, the restaurant had grown to the point where Mrs H needed me back, so back I went. We've never looked back. Going back to being an employee with a healthy salary allowed us to get over the hump at the restaurant. In our case, it was worth every minute, especially since I really liked my job and company. Given the proper time and place, I'd do it again, I just don't see that time and place appearing anytime soon. I'm loving the freedom I have now!
|
Post Reply |
Bookmarks |
|
|