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  #1  
Old 08-19-2012, 11:48 AM
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Got a job offer from a nearby paper mill

to come work in engineering for close to six figures. The car repair business is coming along good and I'm establishing some good relationships while loving what I'm doing. Not sure I want to get back into the headache of working in a paper mill again. The wife wants me to keep going with the auto repair business and turn the paper mill job down. I'm doing ok (no six figures though) in regards to income because I don't have any debt. The wife already makes over six figures.

The mill is about 20 miles from the house and is fixing to undergo some huge capital improvement projects. I've got to let the guy know tomorrow. What do ya'll think.

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  #2  
Old 08-19-2012, 11:54 AM
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Your wife has a good job, you're coming along pretty good with your business, and you're happy, right? Why screw it up with the daily stresses of working for someone else?

There's more to life than money, happiness being one of them...
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  #3  
Old 08-19-2012, 11:54 AM
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It doesn't sound like you really want the job.

So why the thread? Are you not telling us something? Do you feel obliged to go and work for the guy or something?
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  #4  
Old 08-19-2012, 11:55 AM
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The way I have been told to decide these things.

1. Make sure you are enjoying what you do.
2. Income comes second.*

*While #1 is your first priority and #2 is your second priority, don't actually forget to address #2.
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  #5  
Old 08-19-2012, 12:01 PM
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I would listen to the wife.
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  #6  
Old 08-19-2012, 12:17 PM
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Quote:
Originally Posted by engatwork View Post
to come work in engineering for close to six figures. The car repair business is coming along good and I'm establishing some good relationships while loving what I'm doing. Not sure I want to get back into the headache of working in a paper mill again. The wife wants me to keep going with the auto repair business and turn the paper mill job down. I'm doing ok (no six figures though) in regards to income because I don't have any debt. The wife already makes over six figures.

The mill is about 20 miles from the house and is fixing to undergo some huge capital improvement projects. I've got to let the guy know tomorrow. What do ya'll think.
I think you want us to talk you into turning down that job.

You've got a business that makes money, and which you like.
You've got a job offer for more money, which you may or may not like.
Your wife makes more than either of your two options, so you probably don't need the extra money.
What would you do with the extra money, that you can't do now?
Would you have the time to do the above with the new job? Sounds like no (mill is fixing to undergo some huge capital improvement projects) you'll be busy.
Will you be one of the first engineers laid off at the conclusion of the capital improvement projects?
It sounds like the time vs money trade is meh at best.
Can your shop run without you for short amounts of time? If so, and you really must have those extra few little green pieces of paper, why not offer to work on a 1099 basis? Choose the projects you like. Take your money and run.
Cultivating your business may keep you in steady recession proof income well past the paper mill job profits.
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  #7  
Old 08-19-2012, 12:21 PM
Inna-propriate-da-vida
 
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You can always make more money.

You cannot make more time, spend it wisely.
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  #8  
Old 08-19-2012, 12:31 PM
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Don't do it. Life's too short.
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  #9  
Old 08-19-2012, 12:46 PM
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Turn it down with extreme prejudice unless they're willing to let you go 1099.
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  #10  
Old 08-19-2012, 01:49 PM
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Not sure what 1099 is but they have offered for me to work as a contract engineer initially that may or may not become permanent. I don't really need the extra green pieces of paper. I can work in the shop for 12 hours and it seems like 30 minutes. I'm 55 and the shop can provide me with work until I die or I'm physically unable to keep going with it. I like the time that working on my own provides. Oh yea, my mom/dad are 80/83 and I probably take one or two days a week to help them out or take them somewhere and I would not be able to do that working at the mill. The mill would quickly become a 6 or 7 day a week, 10 to 12 hours a day job. Been there, done that and was not as happy as in the shop. I do miss some of the social relationships I had in the mill but now I've got the dogs.

I have noticed that during these economic times people that can afford to keep MB's and BMW's going are very happy when they find a good independent.

I think I am going to follow the wife's guidance and keep doing what I love doing.

Appreciate ya'lls thoughts.
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  #11  
Old 08-19-2012, 02:03 PM
Inna-propriate-da-vida
 
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Good call.

I think some people would pay to have your current situation, kinda like a fantasy camp...

Pretty cool that you still have both parents. That's some extra special time.
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  #12  
Old 08-19-2012, 02:07 PM
Grok this
 
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Quote:
Originally Posted by engatwork View Post
Not sure what 1099 is but they have offered for me to work as a contract engineer initially that may or may not become permanent. I don't really need the extra green pieces of paper. I can work in the shop for 12 hours and it seems like 30 minutes. I'm 55 and the shop can provide me with work until I die or I'm physically unable to keep going with it. I like the time that working on my own provides. Oh yea, my mom/dad are 80/83 and I probably take one or two days a week to help them out or take them somewhere and I would not be able to do that working at the mill. The mill would quickly become a 6 or 7 day a week, 10 to 12 hours a day job. Been there, done that and was not as happy as in the shop. I do miss some of the social relationships I had in the mill but now I've got the dogs.

I have noticed that during these economic times people that can afford to keep MB's and BMW's going are very happy when they find a good independent.

I think I am going to follow the wife's guidance and keep doing what I love doing.

Appreciate ya'lls thoughts.
1099 is short for IRS form 1099 and is also one name that independent consultant scum identify themselves by. It's good for you boomers to let the young folk have a job. If they're employed, they might not have time to protest the continuance of medicare!
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  #13  
Old 08-19-2012, 02:15 PM
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Quote:
If they're employed, they might not have time to protest the continuance of medicare!
LOL
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  #14  
Old 08-19-2012, 02:29 PM
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You could offer your services as a troubleshooter, as needed, but no more than a few days per month on average. They can take it or leave it.
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  #15  
Old 08-19-2012, 02:45 PM
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Does health insurance figure into the decision? I am guessing you are covered on your wife's work policy. If so, do what you WANT.

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