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| Business & Financial Career, work, money, income generation, personal finance, investing, debt, wealth, abundance, entrepreneurship, sales, marketing, SEO, commerce, economics, blogging, podcasting |
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| | #1 (permalink) |
| Junior Member Join Date: Jul 2009
Posts: 2
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Soo.. I need some insight.. Color me confused.. Not sure if this'll get play, but it might cause a bit of discussion. I am in an interesting scenario, having been downsized we ended up selling our house. We've got money in savings for retirement (not as much as we 'used' to, but who does, we've still got 25+ years till that day is supposed to arrive..), we've saved for our kids college (as much as they'll get from us that is, which is more than I ever received (which was nothing from my parents)), plus we've managed to control our spending during this time of unemployment.. All that said, we did pull out a some money on our house sale (one of the lucky ones I guess) and therein is our predicament.. Haven't had allot of luck getting reemployed yet (the job I lost was 100k'sh) and not quite sure when something will come along again, though I do keep plugging along (just had interviews the other day, well see where that leads), so we've got some money, of which I could risk, say $40-50k into starting a new business, but I just can't (for the life of me) think what that should be.. Another thing into the mix, I may end up getting a job offer next week (who knows for sure), and it'd pay close to what I made before, but going back into what I did before just makes me depressed and sad. I believe I will be disappointed in going back to work for someone else, not having made the leap to strike out on my own, but how can I strike out on my own if I have no idea where in the heck I am supposed to travel |
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| | #2 (permalink) |
| Banned Join Date: Oct 2008 Location: Mexico City
Posts: 11,168
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I would suggest you fist find out where your passion are. What do you love doing? What career or business do you see yourself looking back upon when retired and smiling? Since you have no job anyway now, why not take some time to go on holiday? Go low budget if you want, but just get away from it all for a while. Dumb the kids at their grandparents/uncles/aunts/anywhere and use the time to reconnect with your wife/husband. Use some of the money to connect with a coach to help you figure out what you love about life. See this as a great opportunity where you can actually decide what you want to do with the rest of your life. Donīt get hung up on salary. What is more important, having a big house or a happy life? Good luck and enjoy this stress free time! |
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| | #3 (permalink) |
| Junior Member Join Date: Jun 2009 Location: Japan
Posts: 19
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Just a small comment, starting up a business is not for everybody. Doing something 'on your own' might not be what best suits you. So you need to answer that first. if you feel better surrounded with people and working within a group, you better stick to a job. The entrepreneur road is a lonesome one (in general). I agree that the first stop is finding what you really love/care about in life. Everything starts from there |
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