Posted On May 25, 2019
It’s risky business working for someone else.
It fascinates and confuses me when people say that I am a risk taker or it’s ‘risky to be an entrepreneur. I never understood that way of thinking.
One of my greatest life influences happened when I was a teenager. My father was an engineer and worked at a the same company, a major defense contractor, for 25+ years. By all accounts, he had a very successful career.
When he was in his mid 50’s, he had some internal ‘political’ issue with one of his bosses. It’s a long story and I don’t know both sides, but basically it was two guys that didn’t like each other.
Since my father had a great track record, he could not be fired outright. Instead, the boss made his life as unpleasant as possible. Taking away 150 engineers that worked for him, corner office, assistant, gone.
My dad was at an age that it was hard to get hired by another company. His salary was pretty high and most companies would rather higher younger, less expensive workers.
So after dealing with it for a few years, my dad took an early retirement package that they offered him.
He was 59 years old and forced into retirement. The package and the money were good, but my dad loved what he did and had more to give. Although he never complained, it was not easy for him at the time.
I promised myself, this would never happen to me, I would not allow any company or person to control my future.
Some people think that being an entrepreneur is risky, but I think working for anyone else is a hundred times riskier. It’s all in how you look at things I guess.