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Topic: Retirement / What am I working for?

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847badgerfan

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Re: Retirement / What am I working for?
« Reply #98 on: March 26, 2024, 02:55:20 PM »
Current, really.

Did you have a rough exit from your old employer? I've had one and it was not fun.
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iahawk15

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Re: Retirement / What am I working for?
« Reply #99 on: March 26, 2024, 03:21:36 PM »
Current, really.

Did you have a rough exit from your old employer? I've had one and it was not fun.
Our current exit plan is non-existent. Two person company, no SOP's or process documentation. I can't hold our licenses without her qualifications, she can't run the company without my technical knowledge.

I lost a good friend to a work accident last month and it set off some alarm bells for getting our shit together.

We have a portfolio of five websites that could be sold off for roughly 1.5 million, but the company as a whole would not currently be an attractive acquisition target.

Work exit was rough, but not personal. PepsiCo bought our corporate distributorship then gutted pay and benefits over a period of 18 months. I made it less than a year after that.

Gigem

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Re: Retirement / What am I working for?
« Reply #100 on: March 26, 2024, 09:46:43 PM »
Really great contribution to the thread iahawk.  

The hard part for me is I’m ok with my job. And I’m in the home stretch with regards to whatever benefits there are available to me, plus a great 401k match, and decent cheap medical insurance. I think the whole family is covered for about $500-600 per month. Low deductible. Of course I’ve hardly ever needed much insurance, but the possibility is always there. 

847badgerfan

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Re: Retirement / What am I working for?
« Reply #101 on: March 27, 2024, 07:24:38 AM »
Our current exit plan is non-existent. Two person company, no SOP's or process documentation. I can't hold our licenses without her qualifications, she can't run the company without my technical knowledge.

I lost a good friend to a work accident last month and it set off some alarm bells for getting our shit together.

We have a portfolio of five websites that could be sold off for roughly 1.5 million, but the company as a whole would not currently be an attractive acquisition target.

Work exit was rough, but not personal. PepsiCo bought our corporate distributorship then gutted pay and benefits over a period of 18 months. I made it less than a year after that.
Do you have an operating agreement and shareholder agreement?
U RAH RAH! WIS CON SIN!

Cincydawg

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Re: Retirement / What am I working for?
« Reply #102 on: March 27, 2024, 07:33:49 AM »
I started work with noble intentions, I suppose, and enthusiasm and drive and whatever else, and ended the last decade or so "Get me through this so I can retire."  I viewed work solely as a means to an end, comfortable retirement.

I admire you folks who can go out on your own taking risks and hopefully doing well with what you want to do.

Riffraft

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Re: Retirement / What am I working for?
« Reply #103 on: March 27, 2024, 05:53:09 PM »
I started work with noble intentions, I suppose, and enthusiasm and drive and whatever else, and ended the last decade or so "Get me through this so I can retire."  I viewed work solely as a means to an end, comfortable retirement.

I admire you folks who can go out on your own taking risks and hopefully doing well with what you want to do.
I agree with both of your sentiments 

 

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