Well I lost my job. This may have been a good thing.

Posted by kevinnem 10 years, 7 months ago to Business
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Well folks , a few hours ago the boss man walked in said it wasn't working out. This has been coming for months, we clearly had to many guys at the top end (where I was) and the guy I was hired to take over from has been back form his sick leave for many many months. I was getting a pay check, not something to undervalue, but the job was going nowhere- if I was the best guy they ever hired, I still had no where I could get promoted too. I was trying to figure out how to tell my boss that I was going to do work on the side and how to deal with the moral and ethical implications of that as a professional, Well That isn't a problem any more. I am 85% sure I am opening up my own business, but still might do additional work for others. It is a scary proposition, but well I think I will regret it if I don't. Can I create value? We will see.....

What does everyone think? Starting a business typically a good idea?

PS- thanks to everyone that replied to my last posting.

All Comments

  • Posted by jameyosteen 10 years, 7 months ago
    An idea on extra income. I needed more money to help pay for daughter's college. I started putting my extra golf stuff on eBay. They sold quickly. Then I started going to garage & yard sales to find more items. Buying items for $2 to $5 and then selling for $15 to $25. The first day that you sell 12 items...it's party time. You don't have to beg for a job when you have extra income packed in that extra bedroom. Find something that you know about....I know golf clubs...yours may be purses or belts or china.
    Extra income gives you the option of finding the job you want...and maybe creating that job yourself.
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  • Posted by Chuzpah 10 years, 7 months ago
    Starting a new business can be quite scary and invigorating at the same time, especially if you have a family to support. I tried it once (when I was single) and it ultimately failed. However, I learned more from that experience than any job I've had since. I have often thought about doing it again. My hats off to you and wish you well.
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  • Posted by Spinkane 10 years, 7 months ago
    One of the best things I’ve learned from adversity is, overcome fear and believe in myself. The Serenity prayer is perfect for just this sort of situation.
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  • Posted by $ Abaco 10 years, 7 months ago
    Of course you can create value. Silly question.

    I've been a two-job guy for quite a while. It's the only way to go.
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  • Posted by Non_mooching_artist 10 years, 7 months ago in reply to this comment.
    That's very cool. I wish you much success. Do you have a network if people/potential clients you could reach out to, in order to let them know you're on your own?
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  • Posted by richrobinson 10 years, 7 months ago
    Good luck on your new beginning. Starting a business is a good idea if you are willing to do whatever it takes to be successful. I like the fact that you were not happy just collecting a paycheck. Sounds like you got just the nudge you needed. Look forward to you bragging about your growing new business.
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  • Posted by kevinnem 10 years, 7 months ago in reply to this comment.
    well my skills are in Geomatics engineering (aka Surveying). My current thinking is that I will open my own business doing this, and then if someone wants me to work for them, I will consider it. The part of the work I usually do is "paper work" checking and signing plans, stuff like that. so I plan to hire contractors to do field work and drafting of my plans. but hey, anything is negotiable right?
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  • Posted by $ rockymountainpirate 10 years, 7 months ago
    Congratulations on starting your own business, if that's what you decide to do. Am I reading it right that you will be consulting or free lancing in addition to the business, or is that the business.
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  • Posted by $ minniepuck 10 years, 7 months ago
    there is no phrase that makes me more proud to say than "I am my own boss."
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