Taking the plunge

[BamaSC]

So on 4/20 I'm resigning my job to launch a startup with two other partners. I wasn't nearly this nervous on my wedding day!

 

[ValuJet]

Godspeed.

I think I would be much more nervous doing that than on my wedding day.

 

[seebell]

Best of luck to you.

 

[Tide1986]

What kind of business are y'all starting up?

 

[crimsonaudio]

Congratulations - it's a stressful move, but the rewards of running your own company are amazing!

 

[GrayTide]

Wishing you and your partners all the success in your new venture. Keep us posted.

 

[Jon]

So on 4/20 I'm resigning my job to launch a startup with two other partners. I wasn't nearly this nervous on my wedding day!

been there a couple of times myself. Scary stuff, best of luck to you

 

[DzynKingRTR]

What kind of business are y'all starting up?

given the date I am guessing weed?

on a serious note, good luck to you.

 

[mittman]

Congratulations and good luck. Not something I will ever have the guts or desire try again.

 

[bama_wayne1]

Good Luck. When you do something you are passionate about you never work a day in your life....

 

[Bamabuzzard]

Congrats man! What is the nature of the business? Gentleman's club? :biggrin:

 

[Bazza]

There's nothing like being the captain of your own ship!

Best of luck to you on your new venture!

 

[Bama Reb]

I did the same in 1995. The first 3 years were the most stressful because I worked from dawn to dusk, and often past that. It's not easy when you're the boss, the janitor and everything in between.
An old mentor of mine once offered this piece of wisdom: "Why work 8 hours a day, go home and have no worries when you can become the boss, work 16 hours day and have all the worries?''

After you get it all together, you'll never want to work for someone else again. I would say best of luck to you, but we all know that luck is merely a residual of hard work.

 

[Bamabuzzard]

I did the same in 1995. The first 3 years were the most stressful because I worked from dawn to dusk, and often past that. It's not easy when you're the boss, the janitor and everything in between.
An old mentor of mine once offered this piece of wisdom: "Why work 8 hours a day, go home and have no worries when you can become the boss, work 16 hours day and have all the worries?''

After you get it all together, you'll never want to work for someone else again. I would say best of luck to you, but we all know that luck is merely a residual of hard work.

I've got a friend (who I'd call a mentor as well) who told me "I'd rather work 16 hours a day, seven days a week for myself than 8 hrs a day, five days a week for someone else." He confirmed your last sentence as well in that he said once he got everything going and made it through a lot of the start up stresses of running his own business. He knew he'd break his neck not to ever work for anyone else again.

 

[Bama Reb]

I've got a friend (who I'd call a mentor as well) who told me "I'd rather work 16 hours a day, seven days a week for myself than 8 hrs a day, five days a week for someone else." He confirmed your last sentence as well in that he said once he got everything going and made it through a lot of the start up stresses of running his own business. He knew he'd break his neck not to ever work for anyone else again.

That was me too.
A word of advice though: Not everyone can deal with that much stress in their lives. If a person doesn't have enough savings to last for at least a couple of months without a paycheck, I wouldn't advise quitting their job and starting a new business. The financial stress can wreak havoc on any otherwise solid marriage. And even though the new business owner may have all the self-confidence in the world, their husband/wife/partner may have enough doubt to sink them both.
Thankfully, I am lucky enough to have a wonderful wife who also served as my business partner She stood beside me through all the good times and bad, and helped make the tough decisions when they really mattered. Even into my retirement, I cherish her all the more for it.

 

[BamaSC]

Thanks for the encouragement, everyone! After reading through the replies, maybe we should have gone the weed-smoking gentlemen's club route. We're going the medical technology/IT route instead.

Yesterday went well, and it was a relief to get the resignation behind me. It feels strange leaving a company I've been at for 14 years. My boss was genuinely happy for me so that helped. Taking the rest of the day off to play golf helped more.

 

[Crimson1967]

The important question is what is the bathroom policy at your office. Do I have to use the one based on my gender at my birth or can I use the one for the gender I now identify with?

I do wish you well. I once read that starting your own business is like buying a full time job. I could not do it, but I envy those with the drive to do so.

 

[BamaSC]

The important question is what is the bathroom policy at your office. Do I have to use the one based on my gender at my birth or can I use the one for the gender I now identify with?

The official position is "We ain't paying you to go to the bathroom. Do that on your own time!" Executives are exempted, of course.

 

[Bama Reb]

The important question is what is the bathroom policy at your office. Do I have to use the one based on my gender at my birth or can I use the one for the gender I now identify with?
I do wish you well. I once read that starting your own business is like buying a full time job. I could not do it, but I envy those with the drive to do so.

It can be exactly like that for the first few years. It can be frustrating when looking at your annual income and realizing that the only part of the business you own is your job.

 

[MattinBama]

I quit my job back in August & started my own company as well. Much more enjoyable than working for a bunch of jerks. Now I'm only working for one jerk.