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| 22900013A Member Since: 23 Dec 2010 Location: Oxfordshire Posts: 3153   
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HGV driving.
 2011 110 USW
1973 Series III 1-Ton 1972 Series III 1-Ton Cherrypicker 1969 IIA 1-Ton 1966 IIA 88" |
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3rd Oct 2013 9:11am |
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| Go Beyond Member Since: 30 Jan 2012 Location: Headcorn, Kent Posts: 6678
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I highly recommend starting a part time business whilst still employed.
It takes the pressure off what you set up as you're not relying on any income from it which makes it more pleasurable ! I started FCX as a 'hobby' business on January 1st 2012 - to date I haven't taken a penny in 'wages' from it but ploughed every penny back in to build the business and our profile. From December, FCX will employ 3 of us fulltime with 2 others on a self employed basis. It has been a huge amount of hard work, long hours late into the night and most weekends but (in my opinion) really worth it ! Good luck with whatever you do  |
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3rd Oct 2013 9:16am |
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| pjb Member Since: 08 Apr 2009 Location: Sunny Oxford Posts: 1244 |
I'm lucky I changed jobs nearly 3 years ago I now have a great job/business really enjoy my work ,work long hours but running a business employing 100 people comes with a lot of stress trying to get enough work in and then trying to ensure you get the cash in to pay all the wages & suppliers etc, that's before you look at marriage & debt counselling and trying to get apprentices to realise that they go to work to work not text their friends !
If you can work for yourself even if only part ownership I whole heartedly recommend it, its not easy but it works is down to you if it fails its also down to you so destiny is your own hands - within reason
I think 22900013A had his own business so knows a lot about all the pitfalls it is very hard in business, but as Matt suggests if you can find a bit of a niche start part time & see how it goes it may be will one day become a business you can be proud of. If you ever need any accountancy advice - that's my area of expertise - just pm me and I'll always give you my advice / opinion. Really wish all the best of luck. PS my ideal job would probably be selling Land Rovers  2020 P300 HSE |
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3rd Oct 2013 10:34am |
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| Caterham Member Since: 06 Nov 2008 Location: Birmingham Posts: 6346  
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yep. I can see where you're coming from seeling land rovers.....
selling something I'm passionate about appeals to me ie bikes but there's substantial set up costs and unless I win the lottery or find someone that already has and willing to invest its not likely to happen .... (even tho in my eyes I've got a great plan). |
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3rd Oct 2013 10:50am |
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| Go Beyond Member Since: 30 Jan 2012 Location: Headcorn, Kent Posts: 6678
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When I set up FCX I did it with no budget, not a penny - that was part of the challenge.
If bikes interest you then start hanging around with like minded people, get on the forums, watch items on Ebay, perhaps start by offering to spanner for a local club, you'll have to do a lot of leg work to begin with for absolutely no monetary return but it's a good way to get your name about, it's also a good way to find out if it's really for you (or you're really for it) |
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3rd Oct 2013 11:00am |
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| IKke Member Since: 16 Aug 2008 Location: Brabant Posts: 117  
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Start small, start with parts, buy them, sell them, modify them. Do it like FCX said. Scaling the real deal.
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3rd Oct 2013 11:16am |
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on and 
Despite being the best candidate, qualified and smashing every target out the ground I was overlooked as the 'jobs for the boys' organisation looked after there own. That Bad luck was in fact GOOD, I was never going to fit long term, and underneath it was slowly eating me up and I was unhappy without realizing. Thank god, it made me open my eyes gave me the kick up the butt I needed and I started to believe again. Also remember appearances can be very deceptive, observing others who appear to have it all, usually have something else in there life that you wouldn't want or be able to do. The grass is very rarely greener | leeds Member Since: 28 Dec 2009 Location: West Yorkshire Posts: 8582
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Well if you start your own business the chances are very high that for first few years you will be working more then 50 hours a week and for darn sight less money to boot! Starting your own business can land up sucking in more of your time, money and assets as time progresses for at least 3 years then you first planned. First you want to be reasonably confident that you can meet your basic bills such as housing, food, utility bills etc. Having those costs covered then starting your own business is a lot less stressful. Try to avoid being in debt to the bank as all they will do is rack up the charges and cause you major headaches. Get on good terms not only with your potential suppliers and other people in the same business as you are planning. Above all good luck, just be prepared for lots of hard work and a roller coaster ride. Brendan |
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3rd Oct 2013 6:31pm |
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| rossy Member Since: 29 Nov 2010 Location: Co. Roscommon Posts: 1296  
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God this thread is really up my street at the moment as I am in the same frame of mind as you, Caterham.
I have worked for the same UK based company as a retail manager for the last 26 years. Seven years ago I moved to Ireland when everything was booming here. I did well in the sense that my house in Essex had doubled in value in 5 yrs so I built one here with what was left when I paid off my mortgage. My kids are getting an education that would have cost me serious money in Blighty and Ireland is IMHO THE place to live. I love to holiday in the UK in the caravan but I will be here til I'm in a box in the ground. Period. Seven weeks ago today I was made redundant. It was my choice but the package on offer was too generous so I influenced the people who had a hand in it to 'make me go'. I am lucky because I don't owe a penny to anyone but, as Barbell Jim has mentioned, I spent 26 yrs getting (albeit well) paid for a 39 hr week while usually working 50-60 hours with a 100 mile commute on top ! Seven weeks in the benefeits are : - I'm getting a good nights sleep every night - I can help the kids with their homework every day - My redundancy package will put both of them through university. - I am taking them to New York for a weekend in November when its half the price as during school hols. They are so excited. I worked in Manhattan for 5 months years ago and its the centre of the universe IMHO. - I'm getting all the decorating / back burner jobs done at my pace - I do not and WILL NOT EVER have to buy into head wrecking corporate nonsense again. The only disadvantages are that I'm seriously putting on weight and my brain has started to slow down too much. So in about a month's time I'll start putting myself about again. I thought I'd stay in retail but not so sure now. Do I write a novel or a screenplay ? Drag my '94 Fender Stratocaster from under the bed where its been for 20 yrs and marry it up to my 100w Marshall amp which is just about visible under dust ? Or just get a small hand to mouth job to keep me going until I get my smallish company pension in 13 years. I don't know if I sound smug but I have given the best years of my life ( 21- 47) in unquestionable service- days off missed, holidays cancelled etc just so some massive corporation can make a nice bottom line then get rid of the 'dinosaurs' who had proven track records but maybe not as good at brown nosing and points scoring as what currently cuts the mustard in retail. So, Caterham I am grappling with the same questions as you are. No answers as yet but maybe these days it takes an internet forum in order to share the experiences from guys in similar situations which may lead to the best way forward. There's no wrong answers here ! |
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4th Oct 2013 7:46pm |
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| rossy Member Since: 29 Nov 2010 Location: Co. Roscommon Posts: 1296
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sorry double post
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4th Oct 2013 7:52pm |
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| K9F Member Since: 12 Nov 2009 Location: Bournemouth Posts: 9610 
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Made the second cut.... 8 people were called in for interview for the job I'm interested in and I am one of two being called forward for second interview Monday.
 If you go through life with your head in the sand....all people will see is an ar5e!!
Treat every day as if it is your last....one day you will be right!! |
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4th Oct 2013 8:56pm |
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| LR90XS2011 Member Since: 05 Apr 2011 Location: bickenhill Posts: 3674 
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Good Luck DEFENDER 90 TDCI XS,
I hope everyone is well and your land rovers make you happy |
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5th Oct 2013 5:57am |
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| steve E Member Since: 06 Mar 2011 Location: Tenby Posts: 2076 
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Good luck for Monday
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5th Oct 2013 9:42am |
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| K9F Member Since: 12 Nov 2009 Location: Bournemouth Posts: 9610
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Thank you for your good wishes....On reflection sad thing is three years ago I wanted my current job as bad as I now want this new prospective one. Amazing how your perspective and circumstances change.
At the wrong side of 50 and this being only the third job I've ever had an interview for I consider myself lucky to still be in the running really. If you go through life with your head in the sand....all people will see is an ar5e!!
Treat every day as if it is your last....one day you will be right!! |
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5th Oct 2013 9:52am |
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| 22900013A Member Since: 23 Dec 2010 Location: Oxfordshire Posts: 3153
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It is amazing how different things are now - having had only three jobs in a career is quite shocking to me, as I have had a lot more than three but I am only 32 years old now! In each case I think what happens over time is that both parties just lose interest. In fact I was reading an article just now about how most businesses (these days anyway) make next to no effort to actually retain staff they have taken on. Lack of progression or opportunities gives people itchy feet I think. Short term contracts are also VERY common now, as my other half is finding out to her dismay. Few firms seem to want to take on and keep.
I have known some people who have retired recently who only ever worked for one company from leaving school to retirement. I don't know if that would even be possible now. Good luck with your interview anyway. 2011 110 USW
1973 Series III 1-Ton 1972 Series III 1-Ton Cherrypicker 1969 IIA 1-Ton 1966 IIA 88" |
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5th Oct 2013 10:30am |
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