If this is your first visit, please click the Sign Up now button to begin the process of creating your account so you can begin posting on our forums! The Sign Up process will only take up about a minute of two of your time.

Follow us on Facebook Follow us on Twitter
Page 2 of 5 FirstFirst 1234 ... LastLast
Results 11 to 20 of 43
  1. #11
    Charter Member #232 Charter Member Audiofn's Avatar
    My Boats:
    1979 Formula 302, 99 Formula 353, 81 Donzi 18 2+3 with 454
    Join Date
    Oct 2000
    Carlisle, MA USA
    This is not a partnership. It is me selling my business to some one else and staying on to work for them.

    My concerns are as Chart has pointed out after a year of working for him he finds that he needs a different person and gets some one else. This could leave me in the position of having to take a job with another company at MUCH less pay with no real benifiets. That is the risk that I see that I am taking.

    The pluses are that I have talked to a couple of his employees and they all say that he treats the guys that he likes very well. The initial pay that he has laid out is very good, at leaste on the surface. I am not sure what a guy like me is worth as there are really very few of us around that have the skills to do a job from start to finish. Lots of specialists but very few Jack-asses-of-all.
    Put your best foot forward!

  2. #12
    Charter Member #319 Charter Member
    Join Date
    Oct 2000
    Pennsville NJ.
    Does this guy realize that you will be spending at least 3/4 of your day on OSO while at work..

  3. #13
    Registered Pure Energy's Avatar
    My Boats:
    2001 Superboat Y2K
    Join Date
    Oct 2000
    N. NJ, Eastern LI
    Don't sell. If things go bad money wise he may have to let you go, and then where would you be? I have been in business 11 yrs and every morning I have great expectations and hopes, then the headaches begin and by lunch time I am ready quit! Then I think about what I have, what I have built, and how well this positions suits my personality. I could not picture myself anywhere else, or working for someone else. If you want a change that's fine, sell your busines and move on, don't stay.

    Look at it this way, after all the work you did to your boat would you sell it to someone and go on it as a co-pilot?? No way!!

  4. #14
    Join Date
    Apr 2002
    Audio, from the way you describe it in post 12, I would stay where you are

    sounds like way too many "what ifs" compared to what you "know" about where you are now.

    Just my .02

  5. #15
    Toxic FORMULA Platinum Member mopower's Avatar
    My Boats:
    1989 Formula SR-1 272 t/540's
    Join Date
    May 2002
    pitman nj
    Long story short...stay put
    You can never have too much horsepower or money...It's just hard to have both.

  6. #16
    speel chekk this fokker! Charter Member puder's Avatar
    My Boats:
    27' Scarab
    Join Date
    Feb 2001
    Locust Valley, New York
    if your makign money and you see a turnign poitn (upward hopefully) stick it out. I also run my own lil $$ making operation nothign to substantial but enough to keep me afloat. I have worked for other before doignteh same thing and its a grind. When i am working for myself i can se my bussiness account getting bigger. When i screw up its all on me to make it right but when i suceed it know its all me

    Its a gamble but i know i don;t get any satisfaction out of workign for others its just a way to get some green.
    Pardon me, while I whip this out!

  7. #17
    Registered ragtop409's Avatar
    My Boats:
    1995 Nova Spyder
    Join Date
    Jul 2002
    Maximo FLA
    I say if you are gona sell it sell it out and be on to something else big or small. Can't see many positives of working for the new owner of your old company. Rag's

  8. #18
    Banned cuda's Avatar
    Join Date
    Sep 2001
    Deland, Florida
    I've had my own business for the last 13 years, and I know I couldn't work for anyone else. I will succeed or fail on my own. I know if it goes bad, it's my own fault, and I'd much rather have my destiny in my own hands. Another thing is that someone may want me to do something that I thought was unethical, which I absolutely would not do, even if I had to quit my job. I haven't had a real vacation in 13 years, because if I'm busy, I don't have the time, and if I'm not busy, I'm out beating the bushes trying to get busy. The only regret I have is not going on my own about 15 years earlier. It's your baby, your nutured it and watched it grow. Stay with it to reap the harvest.

  9. #19
    Registered Peconic's Avatar
    My Boats:
    2003 290 Kryptonite
    Join Date
    Oct 2002
    Quogue, NY
    Some thoughts, knowing no background:

    - It would be extremely hard for me to work for someone else after having worked for myself for the last 20 years.

    - Knowing a little bit of the industry, I don't see a very bright future for a high end audio/video store, or for an audio/video store, period. There are always exceptions.

    - Can you do both? Put someone in the store, and run that guy's AV gig. If it doesn't work out, there's always a fallback.

  10. #20
    Enjoy the show VIP Member Ron P's Avatar
    Join Date
    Feb 2001
    The Joisey Shore
    I would agree, a trial period would be nice.

    You've worked hard to build something and now it looks like it might finally take off for you. Why hand that to someone else?

    What happens if he sells the business? Are you a part owner? You really need to think about the exit before you enter.

Page 2 of 5 FirstFirst 1234 ... LastLast

Similar Threads

  1. Need Help w/ NEW Business Name
    By pshannon in forum General Boating Discussion
    Replies: 34
    Last Post: 10-09-2007, 10:07 AM
  2. For those looking for a business
    By OGHillside in forum General Boating Discussion
    Replies: 0
    Last Post: 06-06-2005, 03:01 PM
  3. Its Not Good Business To Do Business With HTM
    By ROCK STAR in forum General Boating Discussion
    Replies: 124
    Last Post: 12-01-2003, 04:51 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
All times are GMT -5. The time now is 10:23 AM.
Powered by vBulletin® Version 4.2.0
Copyright © 2016 vBulletin Solutions, Inc. All rights reserved.
Search Engine Optimization by vBSEO 3.6.1
Original Poster In Postbit provided by Original Poster In Postbit v1.0.0 (Free) - vBulletin Mods & Addons Copyright © 2016 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Copyright 2011 OffShoreOnly. All rights reserved.